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

$2,070,000 Sold Price as of 12/28/2022
  • 8 Beds
  • 4 Baths
  • 5,383 Sq.Ft.
Sold
$2,070,000 Sold Price as of 12/28/2022 Refinance Your Mortgage
Map preview of 419 N Stanley Ave, Los Angeles, CA 90036

Property Overview: 419 N Stanley Ave Los Angeles, CA has 8 bedrooms, 4 bathrooms, 5,383 living square feet and 6,354 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 419 N Stanley Ave, a 4-unit Spanish-style apartment complex located in the Beverly/Fairfax Historic District, one of the most desired residential neighborhoods in Los Angeles. The 5,383 square foot property was built in 1927 and is comprised of (4) two bed / one bath units, two-up and two-down. The charming property has been under the same ownership for over 60 years and provides large and bright units with hardwood flooring throughout, averaging over 1,300 SQFT each. One of the upstairs units has been recently renovated with a remodeled bathroom, and the rest well-maintained. The property was previously owner-occupied, so one of the downstairs units will be delivered VACANT at sale as well. Many of the building's charming pre-war design elements remain intact, and the windows have been fitted with beautiful wrought iron railings. Additionally, the long driveway leads to four private parking garages in the backyard. Substantial upside in rents provide potential investors and owner-occupiers with an opportunity to add-value to a beautifully constructed asset in the prime Beverly/Fairfax neighborhood.

Listed by Daniel Withers | BRE #01325901 | Matthews Real Estate Investment Services
Last checked: 2 minutes ago | Last updated: January 4th, 2023 | Source CRMLS | DOM: 68

Home details

Lot Sq. Ft
6,354
HOA Dues
$0/mo
Year built
1927
Garage
4 Car
Property Type:
Multi Family
Status
Sold
MLS#
22199655
City
Los Angeles
County
Los Angeles
Time on Site
657 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $4,000
  • Total Rent: $4,000
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,265
  • Total Rent: $1,265
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $4,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $4,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.56%
  • Gross Rent Multiplier: 17.89
  • Gross Scheduled Income: --
  • Net Operating Income: $76,598
  • Gross Operating Income: $116,575
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 419 N Stanley Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Forced Air
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 4
Property Information
  • Total # of Units: 4
  • Parcel Number: 5527026013
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: Located on Stanley Ave between Oakwood and Rosewood.
View more facts & features

Local Los Angeles Agent

Sale History for 419 N Stanley Ave

Last sold for $2,070,000 on December 28th, 2022

  • December, 2022

  • Dec 28, 2022

    Date

    Sold

    CRMLS: 22199655

    $2,070,000

    Price

  • Sep 14, 2022

    Date

    Active

    CRMLS: 22199655

    $2,595,000

    Price

  • March, 1998

  • Mar 10, 1998

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • September, 1997

  • Sep 22, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 419 N Stanley Ave

Assessed Value (2020): $334,821
Year Land Value Improved Value Assessed Value
2020 $179,717 $155,104 $334,821

Home Value Compared to the Market

This property vs the competition

419 N Stanley Ave sold on December 28, 2022 for 68.76% 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 $399.41 per/sqft which puts the price per square foot 49.51% lower than the current median sale per square foot for the city of Los Angeles.

About 419 N Stanley Ave

Detailed summary of property

419 N Stanley Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 8 bedrooms, 4 bathrooms, roughly 5,383 living square feet, and sits on an approximately 6,354 square foot lot. 419 N Stanley Ave was first listed on ArdentRealEstateGroup.com on September 14, 2022. The homeowner sold the property for $2,070,000. 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 68.76% higher than the current median priced home. Local homes that are currently for sale include 126 S Kings Rd, 7401 Fountain Ave and 6347 Orange St. While the average home in Los Angeles, CA is selling in 100 days, 419 N Stanley Ave has a days on market of 68 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 419 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 419 N Stanley Ave

Public county record property details
Beds
8
Baths
4
Year built
1927
Sq. Ft.
5,383
Lot Size
6,353
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
369
APN
5527-026-013

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
40
Median Sale to List Price %
94.29%
Avg Days on Market
28
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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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