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1706 N Stanley Ave

Los Angeles, CA 90046
  • $2,250,000
  • STATUS: Active
  • ON SITE: 28 Days
  • MLS #: 21-113245
UPDATED: 227 min ago
$2,250,000
  • 10
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,400
    SQFT
  • $417
    $/SQFT
Type:
Multi-Family
Built:
1951
County:

School Ratings & Info

Description

1706 N Stanley Avenue is a 6-unit apartment community located at the base of the Hollywood Hills in the red-hot Hollywood sub-market. 1706 N Stanley Avenue was constructed in 1951 and features six (6) large apartment homes within 5,400 SF of improvements. The apartment homes offer a favorable unit mix consisting of four (4) Two Bedrooms and One and a Half Bathrooms and two (2) One Bedroom and One Bathroom apartment units. The property is classic Mid-Century in design and aesthetic and offers many original features in keeping with the design of the era. In all the property consists of 5,400 square feet, on a 5,500 square foot corner parcel, zoned LAR3. The location is extremely desirable, and tenants are greeted by a welcoming courtyard. The building is two stories with three units on each floor. The property includes four covered parking and additional on-grade carport parking spaces for all residents. Current ownership completed the work for the mandatory soft-story seismic retrofit.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/124201729
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1706 N Stanley Ave Los Angeles, CA 90046

  • Price: $2,250,000
  • Status: Active
  • On Site: 28 Days
  • Updated: 227 min ago
  • MLS #: 21-113245
10
Beds
0
Baths
0
½ Baths
0.13
Acres
5,400
SQFT
$417
$/SQFT
1951
Built
Neighborhood:
Sunset Strip - Hollywood Hills West
County:
Los Angeles
Area:
Sunset Strip - Hollywood Hills West
Property Description
1706 N Stanley Avenue is a 6-unit apartment community located at the base of the Hollywood Hills in the red-hot Hollywood sub-market. 1706 N Stanley Avenue was constructed in 1951 and features six (6) large apartment homes within 5,400 SF of improvements. The apartment homes offer a favorable unit mix consisting of four (4) Two Bedrooms and One and a Half Bathrooms and two (2) One Bedroom and One Bathroom apartment units. The property is classic Mid-Century in design and aesthetic and offers many original features in keeping with the design of the era. In all the property consists of 5,400 square feet, on a 5,500 square foot corner parcel, zoned LAR3. The location is extremely desirable, and tenants are greeted by a welcoming courtyard. The building is two stories with three units on each floor. The property includes four covered parking and additional on-grade carport parking spaces for all residents. Current ownership completed the work for the mandatory soft-story seismic retrofit.
Exterior Features

Lot Size Area 5501 Other Structures None Parking Garage Covered ParkingParking Space Total Parking 10

Interior Features

Baths Total 10.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 760356 Gross Income 109728 Gross Operating Income 107533 Like Units1 4 Like Units2 2 Net Operating Income 64681.00 Number Of Buildings 1 Number Of Units 6 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 42852 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lar3

Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T23:42:25.73. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210