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$1,150,000

Est. payment - /mo

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3,110 Sqft Lot

Price Dropped by $50K

745 Stanford AVE Los Angeles, CA 90021

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Lori Grzybowski

lorigsellsre@gmail.com +1(805) 302-7307

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Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25197418

HOA Y/N No

Year Built 1925

Annual Tax Amount $14,396

Lot Size 3,110 Sqft

Property Sub-Type Apartment

Property Description

745 Stanford Avenue presents an opportunity to acquire a 9-unit multifamily property located in the heart of Downtown Los Angeles. The property features an excellent unit mix consisting of (2) 2-bedroom/1-bath units and (7) 1-bedroom/1-bath units, catering to a wide range of renter demand in this highly competitive rental market.

The property offers investors a rare chance to immediately implement a value-add strategy through unit renovations and repositioning. The combination of substantial rental upside and strong long-term demand in Downtown Los Angeles creates a compelling investment opportunity.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAM2

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Parking Features None

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5146031035

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Garrett Blair Morgan Skenderian