856 S Stanley Ave, Los Angeles, CA 90036
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856 S Stanley Ave Los Angeles, CA 90036

$2,200,000 Sold Price as of 06/13/2023
  • 4 Beds
  • 3 Baths
  • 3,433 Sq.Ft.
Sold
$2,200,000 Sold Price as of 06/13/2023 Refinance Your Mortgage

Map preview of 856 S Stanley Ave, Los Angeles, CA 90036

Property Overview: 856 S Stanley Ave Los Angeles, CA has 4 bedrooms, 3 bathrooms, 3,433 living square feet and 5,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This Magnificently Restored Moroccan Mediterranean Oasis with it's unique design and Art Deco flare, is ideally located as owner user masterpiece w its original 1930's character. Its endless possibilities are an investor's hidden treasure, and the entire property will be delivered completely VACANT! 2 ADU's can be added! This gem offers two spacious redone residences, both w tons of windows flooded w sun & natural light, huge chefs kitchens w Viking gas stoves, over stove pot fillers, stainless steel, handcrafted cabinets, lrg bar area & ample counters. Each w formal dining & huge living rms, hi ceilings, wd burning F/P, beautiful stained glass west facing windows w city views! - ideal for entertaining. Spacious beds w decorative ceiling light canopies, pretty garden setting windows. Upper unit w fabulous sunny bonus rm off living w tons of windows -perfect for family rm, art studio or guest bed & stunning brand new master bath meticulously designed w bright white hand cut marble mosaic tiles, top-of-the-line fixtures, double sinks, skylights & frosted glass wall/doors. Second bths restored w nu fixtures, tons of original charm. Refinished upstairs, new downstairs hardwd flrs. Wainscoting, vast arches & ceiling accents. Heat & central air! Washer/Dryer hookups in both. Basement. New electrical and copper plumbing! Refinished Terracotta stairs w decorative Spanish tiles lead to serene landscaped front & spacious elegant rear outdoor living areas w manicured gardens, flowing fountains, fruit trees, mature foliage, lush greenery, fresh herbs, magnolias & rosemary. Cool exterior Lime paint. Check w city regarding 2ADU's! up to 1200 sq ft each - Convert existing structure in rear to 1 ADU and/or build 2nd ADU on top or revert back to garage. Property falls within Historic Preservation Overly Zone (HPOZ). Perfect for owner-user to live in one & rent other to offset mortgage, or for investor looking for prime vacant property in excellent location for long-term appreciation and/or development. Ideally located on quiet residential street just blocks to LACMA, La Brea Tar Pits, Grammy & Peterson Museums, new Purple Line Metro Station. Extremely walkable to plenty of dining, historic Farmers Market & The Grove.

Listed by Lauren Swartzberg | BRE #01011053 | Beverly and Company, Inc.
Last checked: 9 minutes ago | Last updated: June 15th, 2023 | Source CRMLS | DOM: 10

Home details

Lot Sq. Ft
5,500
HOA Dues
$0/mo
Year built
1934
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
23264925
City
Los Angeles
County
Los Angeles
Time on Site
472 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $6,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $7,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.34
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 856 S Stanley Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Wood
  • Bonus Room, Center Hall, Converted Bedroom, Art Studio
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Vented Exhaust Fan, Oven, Double Oven
Interior Features
  • Recessed Lighting
  • Levels: Two
  • Window Features: French/Mullioned
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Driveway, Garage - Two Door, Concrete, Side by Side, Guest
Property Information
  • Has View
  • View: Courtyard, City Lights, Park/Greenbelt
  • Total # of Units: 2
  • Parcel Number: 5089014001
  • Architectural Style: Mediterranean
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Fairfax. South of Wilshire
View more facts & features

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Sale History for 856 S Stanley Ave

Last sold for $2,200,000 on June 13th, 2023
  • June, 2023

  • Jun 13, 2023

    Date

    Sold

    CRMLS: 23264925

    $2,200,000

    Price

  • Apr 28, 2023

    Date

    Active

    CRMLS: 23264925

    $2,285,000

    Price

  • December, 2022

  • Dec 8, 2022

    Date

    Canceled

    CRMLS: 22193893

    $2,285,000

    Price

  • Aug 27, 2022

    Date

    Active

    CRMLS: 22193893

    $2,358,000

    Price

  • Listing provided courtesy of CRMLS

    This Magnificently Restored Moroccan Mediterranean Oasis w Art Deco flare is ideally located as owner user masterpiece w its original 1930's character. Its endless possibilities are an investor's hidden treasure, and the entire property will be delivered completely VACANT! and 2 ADU's can be added! This gem offers two spacious redone residences, both w tons of windows flooded w sun & natural light, huge chefs kitchens w Viking gas stoves, over stove pot fillers, stainless steel, handcrafted cabinets, lrg bar area & ample counters. Each w formal dining & huge living rms, hi ceilings, wd burning F/P, beautiful stained glass west facing windows w city views! - ideal for entertaining. Spacious beds w decorative ceiling light canopies, pretty garden setting windows. Upper unit w fabulous sunny bonus rm off living w tons of windows -perfect for family rm, art studio or guest bed & stunning brand new master bath meticulously designed w bright white hand cut marble mosaic tiles, top-of-the-line fixtures, double sinks, skylights & frosted glass wall/doors. Second bths restored w nu fixtures, tons of original charm. Refinished upstairs, new downstairs hardwd flrs. Wainscoting, vast arches & ceiling accents. Heat & central air! Washer/Dryer hookups in both. Basement. New electrical and copper plumbing! Refinished Terracotta stairs w decorative Spanish tiles lead to serene landscaped front & spacious elegant rear outdoor living areas w manicured gardens, flowing fountains, fruit trees, mature foliage, lush greenery, fresh herbs, magnolias & rosemary. Cool exterior Lime paint. Check w city regarding 2ADU's! up to 1200 sq ft each - Convert existing structure in rear to 1 ADU and/or build 2nd ADU on top or revert back to garage. Property falls within Historic Preservation Overly Zone (HPOZ). Perfect for owner-user to live in one & rent other to offset mortgage, or for investor looking for prime vacant property in excellent location for long-term appreciation and/or development. Ideally located on quiet residential street just blocks to LACMA, La Brea Tar Pits, Grammy & Peterson Museums, new Purple Line Metro Station. Extremely walkable to plenty of dining, historic Farmers Market & The Grove. Seller requires not to be solicited. Property will be relisted next year.

  • August, 2022

  • Aug 27, 2022

    Date

    Canceled

    CRMLS: 22171930

    $2,358,000

    Price

  • Aug 19, 2022

    Date

    Active

    CRMLS: 22171930

    $2,358,000

    Price

  • Listing provided courtesy of CRMLS

    This Magnificently Restored Moroccan Mediterranean Oasis w Art Deco flare could be just the property you've been waiting for! Ideally located as owner user masterpiece w its original 1930's character, its endless possibilities are an investor's hidden treasure. To add to its appeal, the entire property will be delivered completely VACANT! and 2 ADU's can be added! This gem offers two spacious redone residences, both w tons of windows flooded w sun & natural light, huge chefs kitchens w Viking gas stoves, over stove pot fillers, stainless steel, handcrafted cabinets, lrg bar area & ample counters. Each w formal dining & huge living rms, hi ceilings, wd burning F/P, beautiful stained glass west facing windows w city views! - ideal for entertaining. Spacious beds w decorative ceiling light canopies, pretty garden setting windows. Upper unit w fabulous sunny bonus rm off living w tons of windows -perfect for family rm, art studio or guest bed & stunning brand new master bath meticulously designed w bright white hand cut marble mosaic tiles, top-of-the-line fixtures, double sinks, skylights & frosted glass wall/doors. Second bths restored w nu fixtures, tons of original charm. Refinished upstairs, new downstairs hardwd flrs. Wainscoting, vast arches & ceiling accents. Heat & central air! Washer/Dryer hookups in both. Basement. New electrical and copper plumbing! Refinished Terracotta stairs w decorative Spanish tiles lead to serene landscaped front & spacious elegant rear outdoor living areas w manicured gardens, flowing fountains, fruit trees, mature foliage, lush greenery, fresh herbs, magnolias & rosemary. Cool exterior Lime paint. Check w city regarding zoning & permitting 2ADU's! up to 1200 sq ft each - Convert existing structure in rear to 1 ADU and/or build 2nd ADU on top, OR revert existing area back to garage. Property falls within Historic Preservation Overly Zone (HPOZ). Perfect for owner-user to live in one & rent other to offset mortgage, or for investor looking for prime vacant property in excellent location for long-term appreciation and/or development. Ideally located on quiet residential street just blocks to LACMA, La Brea Tar Pits, Grammy & Peterson Museums, new Purple Line Metro Station. Extremely walkable to plenty of dining, historic Farmers Market & The Grove. Gross income is projected and does not include ADU's!

  • April, 2019

  • Apr 18, 2019

    Date

    Leased

    CRMLS: 19446922

    $4,495

    Price

  • Mar 25, 2019

    Date

    Active Under Contract

    CRMLS: 19446922

    $4,495

    Price

  • Mar 23, 2019

    Date

    Price Change

    CRMLS: 19446922

    $4,495

    Price

  • Mar 22, 2019

    Date

    Active

    CRMLS: 19446922

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated Mediterranean with soft water flowing fountains, this lower duplex unit has all the contemporary updated features yet maintains the original character of the '30's. This home has hardwood floors, high coved ceilings with recessed lighting, formal entry, archway from living room to dining room, large arched stained glass window, and fireplace. Yet you have a newly renovated kitchen with high end appliances, white subway tiles, corian countertops, two sinks which opens to dining room. Their is a separate laundry room with back door to yard surrounded by greenery and fruit trees. The bedrooms are both spacious and bathroom has been renovated but original style maintained. Centrally located in Miracle mile close to downtown, Century City, and Beverly Hills. Available now.

  • August, 1999

  • Aug 20, 1999

    Date

    Sold (Public Records)

    Public Records

    $492,500

    Price

Show More

Tax History for 856 S Stanley Ave

Assessed Value (2020): $692,128
Year Land Value Improved Value Assessed Value
2020 $463,765 $228,363 $692,128

Home Value Compared to the Market

This property vs the competition

856 S Stanley Ave sold on June 13, 2023 for 104.02% 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 $665.6 per/sqft which puts the price per square foot 8.07% lower than the current median sale per square foot for the city of Los Angeles.

About 856 S Stanley Ave

Detailed summary of property

856 S Stanley Ave is a multi family that recently sold in Los Angeles, CA 90036. This multi family property offered 4 bedrooms, 3 bathrooms, roughly 3,433 living square feet, and sits on an approximately 5,500 square foot lot. 856 S Stanley Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,200,000. 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 104.02% higher than the current median priced home. Local homes that are currently for sale include 1236 Hi Point St, 826 S Sycamore Ave and 1424 Meadowbrook Ave. While the average home in Los Angeles, CA is selling in 106 days, 856 S Stanley Ave has a days on market of 10 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 856 S 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 856 S Stanley Ave

Public county record property details
Beds
4
Baths
2
Year built
1934
Sq. Ft.
3,433
Lot Size
5,499
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
71
APN
5089-014-001

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
$2,199,000
Median List Price/Sq.Ft.
$937
Median Sold Price
$1,675,000
Median Sold Price/Sq.Ft.
$754
Total Inventory
31
Median Sale to List Price %
95.71%
Avg Days on Market
31
Loan Type
Conventional (16.67%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 856 S 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.