336 N Stanley Ave, Los Angeles, CA 90036
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336 N Stanley Ave Los Angeles, CA 90036

$2,190,000 Sold Price as of 03/17/2022
  • 4 Beds
  • 4 Baths
  • 4,408 Sq.Ft.
Sold
$2,190,000 Sold Price as of 03/17/2022 Refinance Your Mortgage

Map preview of 336 N Stanley Ave, Los Angeles, CA 90036

Property Overview: 336 N Stanley Ave Los Angeles, CA has 4 bedrooms, 4 bathrooms, 4,408 living square feet and 6,501 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present for sale 336 N. Stanley Ave, a 4-unit apartment building built in 1927 and located in the highly desirable Mid-Wilshire neighborhood.Situated on a 6,501 SF lot, the property consists of 4,408 rentable SF and features a total of four (4) spacious 1 bedroom/1 bath units, each of which boasts approximately 900-1000 SF of living space.The property also comes with 5 parking spaces already equipped with electric charging. Two of the units have undergone extensive renovations and have been tastefully designed while preserving the historical details of the property. Some of the unit renovations include refinishedhardwood flooring, new kitchens, and new bathrooms. Additional major improvements were made throughout the property including new plumbing, electrical panels, exterior paint, updated landscaping, and new water heaters in each unit. Separately, the roof was recently sealed andhas a 10-year with warranty. Lastly, there is roughly 300 SF of storage space located the back area, which could be an excellent opportunity for a buyer looking to create an ADU, gym, office, or storage rental.Incredibly located steps away from Beverly Blvd and just a short walk to The Grove, residents enjoy convenient access to an array of daily errands, retail stores, restaurants, and entertainment venues.Due to the abnormally high starting points for homes in the area, this is a unique opportunity for an investor looking for a property with owner/user potential. There are currently two vacant units on site, one of which was left in its original condition, therefore offering upside potential for investors interested in rising rental income.The subject property allows an astute investor to acquire an exceptionally well-located property in a strong rental market

Listed by Saadia 'Sam' Liberow | BRE #01933858 | Marcus & Millichap
Last checked: 8 minutes ago | Last updated: March 30th, 2022 | Source CRMLS | DOM: 11

Home details

Lot Sq. Ft
6,501
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22128755
City
Los Angeles
County
Los Angeles
Time on Site
868 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,463
  • Total Rent: $1,463
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,650
  • Total Rent: $2,650
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.59
  • Gross Scheduled Income: --
  • Net Operating Income: $72,011
  • Gross Operating Income: $108,926
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 336 N Stanley Ave

Interior Features
Heating Information
  • No Heating
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Covered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5526042021
Location / Neighborhood
Location Information
  • Directions: Near the corner of N. Stanley and Bevelry Blvd.
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Sale History for 336 N Stanley Ave

Last leased for $3,300 on March 29th, 2022
  • March, 2022

  • Mar 29, 2022

    Date

    Leased

    CRMLS: 22138713

    $3,300

    Price

  • Mar 22, 2022

    Date

    Active

    CRMLS: 22138713

    $3,300

    Price

  • Listing provided courtesy of CRMLS

    An impeccably renovated and perfectly located Mid-City Gem peacefully nestled in a quaint building just a short stroll from the Grove, Pan Pacific Park and everything that Melrose & La Brea Avenue has to offer. This large, bright one bedroom unit has beautiful hardwood floors, one fully renovated bathroom, a large renovated kitchen, ample closet space and in unit washer and dryer. It's the type of space you'll never want to leave, except that it is also happens to be one of those rare LA opportunities to park your car and live your best life free of your auto. Your new neighborhood awaits you!

  • March, 2022

  • Mar 17, 2022

    Date

    Sold

    CRMLS: 22128755

    $2,190,000

    Price

  • Feb 17, 2022

    Date

    Active

    CRMLS: 22128755

    $2,200,000

    Price

  • May, 2009

  • May 19, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 336 N Stanley Ave

Assessed Value (2020): $124,141
Year Land Value Improved Value Assessed Value
2020 $64,091 $60,050 $124,141

Home Value Compared to the Market

This property vs the competition

336 N Stanley Ave sold on March 17, 2022 for 72.68% 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 $499.09 per/sqft which puts the price per square foot 36.9% lower than the current median sale per square foot for the city of Los Angeles.

About 336 N Stanley Ave

Detailed summary of property

336 N Stanley Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 4,408 living square feet, and sits on an approximately 6,501 square foot lot. 336 N Stanley Ave was first listed on ArdentRealEstateGroup.com on February 17, 2022. The homeowner sold the property for $2,190,000. 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 72.68% higher than the current median priced home. Local homes that are currently for sale include 823 N Harper Ave, 812 Alandele Ave and 7401 Fountain Ave. While the average home in Los Angeles, CA is selling in 100 days, 336 N Stanley Ave has a days on market of 11 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 336 N Stanley Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 336 N Stanley Ave

Public county record property details
Beds
4
Baths
4
Year built
1927
Sq. Ft.
4,408
Lot Size
6,500
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
340
APN
5526-042-021

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$2,150,000
Median List Price/Sq.Ft.
$963
Median Sold Price
$2,310,000
Median Sold Price/Sq.Ft.
$778
Total Inventory
39
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 336 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.