1201 S Stanley Ave, Los Angeles, CA 90019
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1201 S Stanley Ave Los Angeles, CA 90019

$1,936,000 Sold Price as of 08/23/2022
  • 6 Beds
  • 4 Baths
  • 3,590 Sq.Ft.
Sold
$1,936,000 Sold Price as of 08/23/2022 Refinance Your Mortgage

Map preview of 1201 S Stanley Ave, Los Angeles, CA 90019

Property Overview: 1201 S Stanley Ave Los Angeles, CA has 6 bedrooms, 4 bathrooms, 3,590 living square feet and 5,165 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Gorgeous updated and restored 1920's Spanish duplex in prime Wilshire Vista is located on a serene tree-lined street amongst single-family homes and situated on a corner lot with beautiful lush Mediterranean style landscaping. The upper unit will be delivered vacant and is perfect for an end user or investor. Each 3 bedroom, 2 bath unit with similar layout is spacious and bright with many eloquent details, boasts a very large living and formal dining room, Gourmet kitchen with updated lighting and quartz counters, stainless appliances, breakfast nook, and a separate laundry room with new washer and dryer in upper unit. There is a balcony off the upper unit and a private patio off the lower occupied unit. A detached two car garage is currently being used as an all-purpose space leaving option for new owner to use as parking or assess for potential ADU. Additional features include original hardwood floors, crown moldings, built-ins, spacious closets, installed Nest-equipped HVAC/heating and air in both units, repainted upper unit, updated roof, sprinklers, new sink and toilets in bathrooms, retrofitting and earthquake proofing. This is an incredible offering in an ideal location with shopping close by and great walkability. A must see!

Listed by Jonathan Mogharrabi | BRE #02009871 | Compass
Last checked: 15 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 33

Home details

Lot Sq. Ft
5,165
HOA Dues
$0/mo
Year built
1929
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22173943
City
Los Angeles
County
Los Angeles
Time on Site
736 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,272
  • Total Rent: $3,272
  • Pro Forma/Market Rent: $4,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.57%
  • Gross Rent Multiplier: 19.6
  • Gross Scheduled Income: --
  • Net Operating Income: $69,499
  • Gross Operating Income: $99,204
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1201 S Stanley Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Room Information
  • Flooring: Wood
  • Bonus Room, Living Room, Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Built-In, Range, Oven
Interior Features
  • Ceiling Fan(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5085025015
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Stanley Ave. S of San Vicente Blvd. N of Pico Blvd.
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Sale History for 1201 S Stanley Ave

Last sold for $1,936,000 on August 23rd, 2022
  • August, 2022

  • Aug 23, 2022

    Date

    Sold

    CRMLS: 22173943

    $1,936,000

    Price

  • Jun 30, 2022

    Date

    Active

    CRMLS: 22173943

    $1,949,000

    Price

  • February, 2019

  • Feb 5, 2019

    Date

    Sold

    CRMLS: 18400630

    $1,650,000

    Price

  • Nov 25, 2018

    Date

    Pending

    CRMLS: 18400630

    $1,770,000

    Price

  • Oct 25, 2018

    Date

    Active

    CRMLS: 18400630

    $1,770,000

    Price

  • Listing provided courtesy of CRMLS

    STUNNING & SPACIOUS 1929 SPANISH DUPLEX IN PRIME WILSHIRE VISTA. This character-rich duplex located on a corner lot on one of the nicest streets in Wilshire Vista features two 3 bdrm/2 bath units with exquisite period details. Each unit boasts a grand living room, large formal dining room, breakfast nook, kitchen with stainless steel appliances & quartz counters and a separate laundry room. Details include original hardwood floors, wood beams, period tile bathrooms, crown moldings, and many built-ins. There is a serene balcony upstairs and a private patio downstairs. Additional features include lush tropical landscaping, updated electrical, abundant natural light, ample closet space, new exterior paint and detached 2-car garage. Each unit is occupied on a month-to-month basis. Sited on a quiet and wide street of single-family homes, just steps from the hip shops and restaurants on Pico Blvd., this is a rare offering of an incredible, authentic Spanish duplex in an ideal location.

  • December, 2018

  • Dec 10, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,650,000

    Price

  • April, 1999

  • Apr 30, 1999

    Date

    Sold (Public Records)

    Public Records

    $410,000

    Price

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Tax History for 1201 S Stanley Ave

Assessed Value (2020): $1,683,000
Year Land Value Improved Value Assessed Value
2020 $1,224,000 $459,000 $1,683,000

Home Value Compared to the Market

This property vs the competition

1201 S Stanley Ave sold on August 23, 2022 for 52.98% higher than the current median sold price for the city of Los Angeles which is $1,274,000. The median sold price per/sqft for Los Angeles is $791 and this home is sold at $542.9 per/sqft which puts the price per square foot 31.37% lower than the current median sale per square foot for the city of Los Angeles.

About 1201 S Stanley Ave

Detailed summary of property

1201 S Stanley Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 6 bedrooms, 4 bathrooms, roughly 3,590 living square feet, and sits on an approximately 5,165 square foot lot. 1201 S Stanley Ave was first listed on ArdentRealEstateGroup.com on June 30, 2022. The homeowner sold the property for $1,936,000. Home in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 52.98% higher than the current median priced home. Local homes that are currently for sale include 1132 S Crescent Heights Blvd, 6347 Orange St and 1831 S Redondo Blvd. While the average home in Los Angeles, CA is selling in 100 days, 1201 S Stanley Ave has a days on market of 33 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 1201 S Stanley Ave Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1201 S Stanley Ave

Public county record property details
Beds
6
Baths
4
Year built
1929
Sq. Ft.
3,590
Lot Size
5,164
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
63
APN
5085-025-015

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,459,000
Median List Price/Sq.Ft.
$690
Median Sold Price
$1,935,500
Median Sold Price/Sq.Ft.
$855
Total Inventory
76
Median Sale to List Price %
102.14%
Avg Days on Market
18
Loan Type
Conventional (14.29%), FHA (0%), VA (14.29%), Cash (14.29%), Other (14.29%)

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Related Resources to 1201 S Stanley Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.