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Sold for $1,804,000 on 04/09/24
  • Listing Provided by: 

    Felipe Crook DRE #02047440 213-268-6832,

    eXp Realty of California Inc

    Bought with: Compass
    $1,804,000

    1654 S Stanley Ave, Los Angeles, CA 90019

    5beds
    3baths
    2,208sqft
    Duplex
    Built in 1932
    -- sqft lot
    $1,765,200 Zestimate®
    $817/sqft
    $3,365 Estimated rent

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    $3,365/mo

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    $11,225/mo

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    $11,225/mo

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    What's special

    Discover an exceptional Picfair Village duplex now on the market for the first time in over 17 years, offering a rare investment opportunity. Minutes away from Culver City, West Hollywood, and Beverly Hills, this property features a mix of units: a 3-bedroom 1.5-bath, and a 2-bedroom 1-bath, each designed to maximize comfort and appeal to a wide range of tenants. Each unit has its own private outdoor space making this an attractive duplex for owner-occupants or investors. The units have a history of generating significant income through short-term monthly rentals. The property includes stamped and APPROVED plans to convert the garage into a luxurious 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with 800 sqft of living space and a rooftop deck with views of Century City. This addition enhances the property's value and promises to increase its income-generating capabilities. Whether you choose to occupy one unit and lease the others, or capitalize on the full rental capacity, this property is poised to deliver an attractive annual income. With the flexibility to adjust rents in line with market conditions, this investment stands out as a not-to-be-missed opportunity for those seeking a property with strong income potential and growth. The neighborhood boasts lots of restaurants and amenities just a short distance away.

    Zillow last checked: 8 hours ago

    Listing updated: April 10, 2024 at 09:41pm

    Listing Provided by:

    Felipe Crook DRE #02047440 213-268-6832,

    eXp Realty of California Inc

    Bought with:

    Tina L. Cameron, DRE #01248345

    Compass

    Source: CRMLS,MLS#: PW24045370MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Gas Range, Refrigerator, Water Heater, Dryer, Washer
    • Laundry: Inside
    Features
    • Quartz Counters, All Bedrooms Down
    • Flooring: Tile, Wood
    • Windows: Shutters
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 2,208
    • Total interior livable area: 2,208 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front door
    • Pool features: None
    • Spa features: None
    • Fencing: Block,Chain Link
    • Has view: Yes
    • View description: None
    Lot
    • Size: 6,955 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5069016012
    • Zoning: LAR1
    • Special conditions: Notice Of Default

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Foundation: Raised
    • Roof: Flat,Tile
    Condition
    • New construction: No
    • Year built: 1932

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan
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    Estimated market value
    $1,765,200