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1438 S Stanley Ave, Los Angeles, CA 90019
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1438 S Stanley Ave Los Angeles, CA 90019

$1,356,000 Sold Price as of 06/07/2021
  • 4 Beds
  • 2 Baths
  • 1,886 Sq.Ft.
Sold
$1,356,000 Sold Price as of 06/07/2021 Refinance Your Mortgage
Map preview of 1438 S Stanley Ave, Los Angeles, CA 90019

Property Overview: 1438 S Stanley Ave Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,886 living square feet and 6,061 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: AMAZING investment opportunity in thriving Picfair Village on a beautiful, tree-lined street! Here is your chance to own a charming, 2-Unit DUPLEX with tremendous upside income potential. One unit is VACANT and the other will be by 5/31/21. Both units are 2BR/1BA (est. 943 SF +/- each). Classic details & sunlit spaces highlight this 1930s property which boasts many charming characteristics - original refinished hardwood floors, XL picture windows, coved ceilings, and built-ins. UPDATES include NEW paint, stainless steel appliances, recessed lighting, ceiling fans, newer bathroom fixtures and lights, and newer electric driveway gate. Each unit has their own laundry room which leads directly to the yard with a newer pergola to sit under & enjoy. Long driveway leads down to TWO 2-CAR GARAGES. May be able to create an ADU/Guest Suite adding even more income potential. Buyer to verify with the City. Close to some of LA's best foodie spots, shops & entertainment, freeways, public transportation. If you're looking for a smart investment opportunity and/or would like to live in one unit & rent the other, then this is your perfect chance.

Listed by Simone Poingsett | BRE #01894240 | Redfin
Last checked: 24 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
6,061
HOA Dues
$0/mo
Year built
1937
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21723096
City
Los Angeles
County
Los Angeles
Time on Site
1225 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 20
  • Gross Scheduled Income: --
  • Net Operating Income: $55,700
  • Gross Operating Income: $69,600
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 1438 S Stanley Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside, Individual Room
Room Information
  • Flooring: Tile, Wood
  • Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Oven, Range
Interior Features
  • Recessed Lighting
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Side by Side, Shared Driveway, Gated
Lot Information
  • Lot Features: Front Yard, Yard, Landscaped
Property Information
  • Total # of Units: 2
  • Parcel Number: 5069018011
  • Architectural Style: Traditional
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: East of Fairfax, South of Pico, West of Hauser, North of Venice.
View more facts & features

Local Los Angeles Agent

Sale History for 1438 S Stanley Ave

Last sold for $1,356,000 on June 7th, 2021

  • June, 2021

  • Jun 8, 2021

    Date

    Sold

    CRMLS: 21723096

    $1,356,000

    Price

  • May 20, 2021

    Date

    Pending

    CRMLS: 21723096

    $1,399,000

    Price

  • May 8, 2021

    Date

    Active Under Contract

    CRMLS: 21723096

    $1,399,000

    Price

  • Apr 23, 2021

    Date

    Active

    CRMLS: 21723096

    $1,399,000

    Price

  • April, 2011

  • Apr 22, 2011

    Date

    Sold (Public Records)

    Public Records

    $701,000

    Price

  • January, 2011

  • Jan 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $25,000

    Price

Show More

Tax History for 1438 S Stanley Ave

Assessed Value (2020): $821,195
Year Land Value Improved Value Assessed Value
2020 $585,733 $235,462 $821,195

Home Value Compared to the Market

This property vs the competition

1438 S Stanley Ave sold on June 7, 2021 for 24.91% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $741.78 per/sqft which puts the price per square foot 2.46% higher than the current median sale per square foot for the city of Los Angeles.

About 1438 S Stanley Ave

Detailed summary of property

1438 S Stanley Ave is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,886 living square feet, and sits on an approximately 6,061 square foot lot. 1438 S Stanley Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $1,356,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.91% higher than the current median priced home. Local homes that are currently for sale include 1356 Meadowbrook Ave, 6064 Cashio St and 6064 Horner St. While the average home in Los Angeles, CA is selling in 106 days, 1438 S Stanley Ave has a days on market of 13 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1438 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 1438 S Stanley Ave

Public county record property details
Beds
4
Baths
2
Year built
1937
Sq. Ft.
1,886
Lot Size
6,060
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5069-018-011

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
$1,450,000
Median List Price/Sq.Ft.
$703
Median Sold Price
$1,277,500
Median Sold Price/Sq.Ft.
$715
Total Inventory
95
Median Sale to List Price %
98.65%
Avg Days on Market
29
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (20%)

Thinking of Selling?

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(714) 706-1823

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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.

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