1346 N Stanley Ave, Los Angeles, CA 90046
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1346 N Stanley Ave Los Angeles, CA 90046

$4,500,000 Sold Price as of 06/16/2020
  • 16 Beds
  • 12 Baths
  • 10,483 Sq.Ft.
Sold
$4,500,000 Sold Price as of 06/16/2020 Refinance Your Mortgage

Map preview of 1346 N Stanley Ave, Los Angeles, CA 90046

Property Overview: 1346 N Stanley Ave Los Angeles, CA has 16 bedrooms, 12 bathrooms, 10,483 living square feet and 12,872 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Tony Azzi | BRE #00910513 | Tony Azzi
Last checked: 8 minutes ago | Last updated: March 18th, 2023 | Source CRMLS | DOM: 95

Home details

Lot Sq. Ft
12,872
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19530506
City
Los Angeles
County
Los Angeles
Time on Site
1213 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,059
  • Total Rent: $6,178
  • Pro Forma/Market Rent: $7,200
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,995
  • Total Rent: $11,980
  • Pro Forma/Market Rent: $11,980
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 4
  • Furnishing: Unfurnished
  • Actual Rent: $10,000
  • Total Rent: $10,000
  • Pro Forma/Market Rent: $10,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.2%
  • Gross Rent Multiplier: 12.5
  • Gross Scheduled Income: --
  • Net Operating Income: $234,062
  • Gross Operating Income: $360,096
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1346 N Stanley Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 9
  • Parcel Number: 5550028025
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: The property is located south of Sunset Boulevard, west of Curson Avenue, east of Spaulding Avenue and north of Fountain Avenue. Open House Dec. 17th! 11:00am - 12:00pm
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Sale History for 1346 N Stanley Ave

Last sold for $4,500,000 on June 17th, 2020
  • July, 2020

  • Jul 2, 2020

    Date

    Sold

    CRMLS: 19530506

    $4,500,000

    Price

  • Feb 18, 2020

    Date

    Pending

    CRMLS: 19530506

    $4,500,000

    Price

  • Dec 9, 2019

    Date

    Active

    CRMLS: 19530506

    $4,500,000

    Price

  • June, 2020

  • Jun 17, 2020

    Date

    Sold (Public Records)

    Public Records

    $4,500,000

    Price

  • December, 2019

  • Dec 9, 2019

    Date

    Sold

    CRMLS: 19467862

    $3,500,000

    Price

  • Sep 23, 2019

    Date

    Pending

    CRMLS: 19467862

    $3,950,000

    Price

  • Jun 21, 2019

    Date

    Price Change

    CRMLS: 19467862

    $3,950,000

    Price

  • Jun 19, 2019

    Date

    Price Change

    CRMLS: 19467862

    $4,250,000

    Price

  • Jun 18, 2019

    Date

    Price Change

    CRMLS: 19467862

    $3,875,000

    Price

  • May 17, 2019

    Date

    Active

    CRMLS: 19467862

    $4,250,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2019

  • Oct 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $3,500,000

    Price

Show More

Tax History for 1346 N Stanley Ave

Assessed Value (2020): $3,500,300
Year Land Value Improved Value Assessed Value
2020 $2,650,000 $850,300 $3,500,300

Home Value Compared to the Market

This property vs the competition

1346 N Stanley Ave sold on June 16, 2020 for 278.15% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $429.27 per/sqft which puts the price per square foot 43.14% lower than the current median sale per square foot for the city of Los Angeles.

About 1346 N Stanley Ave

Detailed summary of property

1346 N Stanley Ave is a multi family that recently sold in Los Angeles, CA 90046. This multi family property offered 16 bedrooms, 12 bathrooms, roughly 10,483 living square feet, and sits on an approximately 12,872 square foot lot. 1346 N Stanley Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $4,500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 278.15% higher than the current median priced home. Local homes that are currently for sale include 4835 Elmwood Ave, 4942 Maplewood Ave and 1414 S Orange Dr. While the average home in Los Angeles, CA is selling in 93 days, 1346 N Stanley Ave has a days on market of 95 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 1346 N Stanley Ave Los Angeles, CA 90046 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1346 N Stanley Ave

Public county record property details
Beds
14
Baths
11
Year built
1956
Sq. Ft.
10,483
Lot Size
12,872
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
245
APN
5550-028-025

The source for these homes facts are from public records.

90046 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,950,000
Median List Price/Sq.Ft.
$938
Median Sold Price
$2,000,000
Median Sold Price/Sq.Ft.
$856
Total Inventory
224
Median Sale to List Price %
117.72%
Avg Days on Market
34
Loan Type
Conventional (2.7%), FHA (0%), VA (0%), Cash (13.51%), Other (2.7%)

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Related Resources to 1346 N 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.