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1703 Stoner Ave, Los Angeles, CA 90025
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1703 Stoner Ave Los Angeles, CA 90025

$2,800,000 Sold Price as of 12/15/2023
  • 59 Beds
  • 59 Baths
  • 9,056 Sq.Ft.
Sold
$2,800,000 Sold Price as of 12/15/2023 Refinance Your Mortgage
Map preview of 1703 Stoner Ave, Los Angeles, CA 90025

Property Overview: 1703 Stoner Ave Los Angeles, CA has 59 bedrooms, 59 bathrooms, 9,056 living square feet and 7,385 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is a great opportunity to purchase a WLA, 9 unit building which consists of one (1) two-story townhome, along with eight (8)additional units. The units consist of three (3), two-bedroom, two bath (2+2) and five (5), one-bedroom, one-bath (1+1). This large,two-story 9,056 square foot building is situated over two separate parking garages. The first garage has seven (7) individual parking spaces and the second garage has four (4) tandem spaces for a total of 15 parking spaces. There is additional room to add some building amenities such as bicycle parking, BBQ, tenant storage or outdoor pet pet area. The property is zoned [Q]R3-1 and is situated on a 7,385 square foot parcel.

Listed by D. Timothy Byrne | BRE #01186465 | Compass
Co-listed by Maureen Kennedy | BRE #01924841 | Compass
Last checked: 2 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 29

Home details

Lot Sq. Ft
7,385
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23322827
City
Los Angeles
County
Los Angeles
Time on Site
208 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,612
  • Total Rent: $2,612
  • Pro Forma/Market Rent: $4,250
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,172
  • Total Rent: $1,172
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,937
  • Total Rent: $1,937
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,430
  • Total Rent: $1,430
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,624
  • Total Rent: $1,624
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,300
  • Total Rent: $2,300
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,389
  • Total Rent: $1,389
  • Pro Forma/Market Rent: $3,800
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $2,250
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 9
  • # of Units: 9
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,306
  • Total Rent: $1,306
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.49%
  • Gross Rent Multiplier: 17
  • Gross Scheduled Income: --
  • Net Operating Income: $114,282
  • Gross Operating Income: $192,240
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1703 Stoner Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Radiant
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 15
  • Has Parking
  • Parking Features: Subterranean
Property Information
  • Total # of Units: 9
  • Parcel Number: 4262016001
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: On the corner of Iowa Avenue & Stoner Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 1703 Stoner Ave

Last sold for $2,800,000 on December 15th, 2023

  • December, 2023

  • Dec 15, 2023

    Date

    Sold

    CRMLS: 23322827

    $2,800,000

    Price

  • Oct 17, 2023

    Date

    Active

    CRMLS: 23322827

    $3,275,000

    Price

  • July, 2020

  • Jul 10, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 2016

  • Dec 6, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1703 Stoner Ave

Assessed Value (2020): $883,257
Year Land Value Improved Value Assessed Value
2020 $363,443 $519,814 $883,257

Home Value Compared to the Market

This property vs the competition

1703 Stoner Ave sold on December 15, 2023 for 175.21% 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 $361.64 per/sqft which puts the price per square foot 52.1% lower than the current median sale per square foot for the city of Los Angeles.

About 1703 Stoner Ave

Detailed summary of property

1703 Stoner Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered 59 bedrooms, 59 bathrooms, roughly 9,056 living square feet, and sits on an approximately 7,385 square foot lot. 1703 Stoner Ave was first listed on ArdentRealEstateGroup.com on October 18, 2023. The homeowner sold the property for $2,800,000. 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 175.21% higher than the current median priced home. Local homes that are currently for sale include 12028 Venice Blvd, 3344 Keystone Ave and 3709 S Bentley Ave. While the average home in Los Angeles, CA is selling in 94 days, 1703 Stoner Ave has a days on market of 29 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1703 Stoner Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1703 Stoner Ave

Public county record property details
Beds
13
Baths
14
Year built
1973
Sq. Ft.
9,056
Lot Size
7,384
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4262-016-001

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,149,000
Median List Price/Sq.Ft.
$739
Median Sold Price
$1,100,935
Median Sold Price/Sq.Ft.
$698
Total Inventory
111
Median Sale to List Price %
104.95%
Avg Days on Market
32
Loan Type
Conventional (13.64%), FHA (0%), VA (0%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

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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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