745 Stanford AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90021
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25197418
HOA Y/N No
Year Built 1925
Annual Tax Amount $14,396
Lot Size 3,110 Sqft
Property Sub-Type Apartment
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
Area C42 - Downtown L.A.
Zoning LAM2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features None
Pool None
Community Features Sidewalks
Utilities Available Electricity Connected,Sewer Connected,Water Connected
Private Pool No
Building
Lot Description Corner Lot
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5146031035
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard