745 Stanford Avenue presents an opportunity to acquire a 9-unit multifamily property located in the heart of Downtown Los Angeles. The property features an excellent unit mix consisting of (2) 2-bedroom/1-bath units and (7) 1-bedroom/1-bath units, catering to a wide range of renter demand in this highly competitive rental market.
The property offers investors a rare chance to immediately implement a value-add strategy through unit renovations and repositioning. The combination of substantial rental upside and strong long-term demand in Downtown Los Angeles creates a compelling investment opportunity.
For sale
Listing Provided by:
Garrett Blair DRE #02026908 949-251-8800,
Morgan Skenderian,
Rick Applebaum DRE #01273871,
Morgan Skenderian
Price cut: $50K (10/16)
$1,150,000
745 Stanford Ave, Los Angeles, CA 90021
22beds
18baths
4,714sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$1,137,300 Zestimate®
$244/sqft
$-- HOA
What's special
- 46 days |
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