Current CAP over 5%* with huge upside with proforma CAP over 7%. 3 Units are kept vacant and will be delivered vacant. Charming Melrose Village 12-unit ideally situated in the city of LA, adjacent to and benefiting from all that West Hollywood has to offer. Located 1/2 block from Melrose Avenue and 5 blocks from The Grove & Pan Pacific Park, 637 North Spaulding represents an opportunity to acquire a generational asset in a great area with great upside potential and located next to trendy restaurants, schools, houses of worship, parks and shopping. *3 vacant units are projected at market rents post renovations.