Detail

Updated on August 18, 2022 at 8:22 pm

  • Land Area: 6,970 sq ft
  • Property Size: 6,950 sq ft
  • Price: $2,995,000
  • Year Built: 1928

Description

• Significant price reduction from $3,250,000! Seller wants to make a deal!
Rare opportunity to acquire a 4-unit complex
• Highly desirable location with easy access to all parts of Los Angeles
• Located between La Cienega Blvd and La Brea Avenue
• Walking distance to Metro stops
• Spanish style architecture and hardwood floors
• Spacious units with large windows: Great natural light
• 2 car parking per unit
• Separate meters and washer/dryer in each unit
• Recent upgrades to shower and plumbing fixtures
• Two 2-bedroom units: Currently rented at $2,500 per month each (month-to-month tenancy)
• Two 3-bedroom units: Currently vacant
• Pro forma 5.26% cap rate
• Entire property can be delivered vacant

Property Documents

  • Marketing Package for 712 Stanley Ave
  • Address: 712 S Stanley Ave
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90036
  • Neighborhood: Miracle Mile
  • Country: United States

Contact info

Anthony S. Behar
Anthony S. Behar
213.747.8426310.880.2329
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