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712 S Stanley Avenue

Los Angeles (City), CA 90036
  • $3,250,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 22146439
UPDATED: 56 min ago
$3,250,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1928
County:

School Ratings & Info

Listing Agent(s): Janet Neman of Kidder Mathews Of California, Inc. (858-369-3010)


Description

Rare opportunity to acquire a beautiful Fourplex in prime Miracle Mile, a highly desirable and walkable submarket of Los Angeles. Originally constructed in 1928, the building boasts beautiful Spanish style architecture and totals 6,950 SF on a 6,963 SF lot. The Property features spacious units with a strong unit mix of (2) 2+2 and (2) 3+2 units. There are currently THREE VACANT units making this an ideal value-add opportunity with tremendous rental upside potential and has excellent owner/user potential. There are W/D hookups in each unit, hardwood floors, and two-car parking per unit. Through interior and exterior renovations, an investor will have the opportunity to capitalize on the financial upside. Fantastic location with easy access to all parts of Los Angeles. Surrounded by a myriad of trendy restaurants, shopping, entertainment venues, cultural landmarks, and near Metro stops.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T09:35:40.003. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127752509
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712 S Stanley Avenue Los Angeles (City), CA 90036

  • Price: $3,250,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 56 min ago
  • ID#: 22146439
0
Beds
0
Baths
0
½ Baths
0.16
Acres
1928
Built
Neighborhood:
C19 - Beverly Center-Miracle Mile
County:
Los Angeles
Area:
C19 - Beverly Center-Miracle Mile
Property Description
Rare opportunity to acquire a beautiful Fourplex in prime Miracle Mile, a highly desirable and walkable submarket of Los Angeles. Originally constructed in 1928, the building boasts beautiful Spanish style architecture and totals 6,950 SF on a 6,963 SF lot. The Property features spacious units with a strong unit mix of (2) 2+2 and (2) 3+2 units. There are currently THREE VACANT units making this an ideal value-add opportunity with tremendous rental upside potential and has excellent owner/user potential. There are W/D hookups in each unit, hardwood floors, and two-car parking per unit. Through interior and exterior renovations, an investor will have the opportunity to capitalize on the financial upside. Fantastic location with easy access to all parts of Los Angeles. Surrounded by a myriad of trendy restaurants, shopping, entertainment venues, cultural landmarks, and near Metro stops.
Exterior Features

Parking Total 8

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Association Fee 0 Disclosures Rent Control Gross Income 0 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 0 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lac2



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-23T09:35:40.003. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Janet Neman of Kidder Mathews Of California, Inc. (858-369-3010)