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$ 1,150,000
Est. payment /mo
Price Dropped by $50K
745 Stanford Avenue Los Angeles, CA 90021
5 Beds
3,110 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25197418
Bedrooms 5
Lot Size 3,110 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction On the corner of Stanford Avenue and Agatha Street.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 5146031035
Acceptable Financing Cash
Listing Terms Cash
Listed by Garrett Blair Morgan Skenderian