1049 S Stanley Avenue

    Los Angeles (City), CA 90019
    • $1,699,000
    • STATUS: Active
    • ON SITE: 18 days
    • ID#: 18402726
    Price Reduced
    UPDATED: 50 min ago
    $1,699,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $850
      $/SQFT
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    A rare find with actual (not projected) 4.1% cap, with excellent rental income. Renovated side by side duplex with pool. Each unit features Living room Batchelder tile decorative fireplaces, hardwood floors throughout, 2 bedrooms, 1.75 baths, inside laundry, and central hvac systems. First unit has a newer kitchen, master bedroom with expanded closets and access to a private front yard perfect for outdoor entertaining. The 2nd unit has stainless kitchen appliances, 2 similar sized bedrooms- great for roommates, and opens to a resort style back yard with the heated dipping pool, sun deck and an outdoor bar. Gated, hedged and private, with great entertaining spaces, this amazing oasis in the city offers a fantastic location close to the soon-to-be new Purple line metro station, Beverly Hills, Downtown, the beach and 10 FWY!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T08:28:17.697. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/89053033

    1049 S Stanley Avenue Los Angeles (City), CA 90019

    • Price: $1,699,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 18402726
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    2,000
    SQFT
    $850
    $/SQFT
    1924
    Built
    Neighborhood:
    C19 - Beverly Center-Miracle Mile
    County:
    Los Angeles
    Area:
    C19 - Beverly Center-Miracle Mile
    Property Description
    A rare find with actual (not projected) 4.1% cap, with excellent rental income. Renovated side by side duplex with pool. Each unit features Living room Batchelder tile decorative fireplaces, hardwood floors throughout, 2 bedrooms, 1.75 baths, inside laundry, and central hvac systems. First unit has a newer kitchen, master bedroom with expanded closets and access to a private front yard perfect for outdoor entertaining. The 2nd unit has stainless kitchen appliances, 2 similar sized bedrooms- great for roommates, and opens to a resort style back yard with the heated dipping pool, sun deck and an outdoor bar. Gated, hedged and private, with great entertaining spaces, this amazing oasis in the city offers a fantastic location close to the soon-to-be new Purple line metro station, Beverly Hills, Downtown, the beach and 10 FWY!
    Exterior Features

    Lot Size Units Square Feet Parking Features Shared DrivewayGatedDriveway - ConcreteGarage - Single DoorStreetDrivewayPermit/DecalUnassignedUncovered Parking YN Yes Pool Features Heated Pool Private YN Yes

    Interior Features

    Appliances Ice MakerRefrigeratorFreezerDishwasher Appliances YN Yes Cooling Central Cooling YN Yes Fireplace Features DecorativeLiving Room Fireplace YN Yes Flooring Wood Laundry Features Electric Dryer HookupDryer IncludedSee RemarksGas Dryer HookupWasher IncludedGas & Electric Dryer HookupIn Closet Room Type Two Masters

    Property Features

    Cap Rate 4.10 Gross Multiplier 17.90 Gross Operating Income 94800.00 Improvements Amount 200334 Land Value 659641 Laundry YN Yes Net Operating Income 69260.00 Special Listing Conditions Standard Total Expenses 25540.00 Utilities Cable Available Zoning Lar2

    Listing provided courtesy of Merrie Kung of Rodeo Realty - Beverly Hills and Binyamin Ben-Liaou of Rodeo Realty - Beverly Hills.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-20T08:28:17.697. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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