Los Angeles, CA 90019,1654 S Stanley AVE
Los Angeles, CA 90019,1654 S Stanley AVE
Los Angeles, CA 90019,1654 S Stanley AVE
Los Angeles, CA 90019,1654 S Stanley AVE
Los Angeles, CA 90019,1654 S Stanley AVE
Los Angeles, CA 90019,1654 S Stanley AVE
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$1,804,000

$1,790,000

0.8%
Est.Price: ?

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Est. payment /mo

6,956 Sqft Lot


SOLD DATE : 04/09/2024

Key Details

Sold Price $1,804,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW24045370

Sold Date 04/09/24

HOA Y/N No

Year Built 1932

Lot Size 6,956 Sqft

Property Sub-Type Duplex

Property Description

Discover an exceptional Picfair Village duplex now on the market for the first time in over 17 years, offering a rare investment opportunity. Minutes away from Culver City, West Hollywood, and Beverly Hills, this property features a mix of units: a 3-bedroom 1.5-bath, and a 2-bedroom 1-bath, each designed to maximize comfort and appeal to a wide range of tenants. Each unit has its own private outdoor space making this an attractive duplex for owner-occupants or investors. The units have a history of generating significant income through short-term monthly rentals. The property includes stamped and APPROVED plans to convert the garage into a luxurious 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with 800 sqft of living space and a rooftop deck with views of Century City. This addition enhances the property's value and promises to increase its income-generating capabilities. Whether you choose to occupy one unit and lease the others, or capitalize on the full rental capacity, this property is poised to deliver an attractive annual income. With the flexibility to adjust rents in line with market conditions, this investment stands out as a not-to-be-missed opportunity for those seeking a property with strong income potential and growth. The neighborhood boasts lots of restaurants and amenities just a short distance away.

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR1

Interior

Interior Features Quartz Counters, All Bedrooms Down

Heating Central

Cooling Central Air

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range, Refrigerator, Water Heater, Dryer, Washer

Laundry Inside

Exterior

Parking Features Driveway

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Chain Link

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

View Y/N No

View None

Roof Type Flat,Tile

Accessibility None

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Architectural Style Spanish

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5069016012

Energy Description 551.0

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Financing Cash

Special Listing Condition Notice Of Default

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Valerie Van De Zilver

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California Regional MLS (CRMLS)
Listed by Felipe Crook • eXp Realty of California Inc • 213-268-6832
Bought with Tina L. Cameron • Compass
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5280 2nd St., Long Beach, CA, 90803 Unit, USA

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