745 Stanford Avenue, Los Angeles, CA 90021
- $1,070,000
- Sold Price
- $1,070,000
- List Price
- $1,150,000
- Closing Date
- Mar 31, 2026
- Status
- CLOSED
- MLS#
- PW25197418
- Year Built
- 1925
- Lot Size
- 3,110
- Acres
- 0.07
- Lot Location
- Corner Lot
- Days on Market
- 196
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
Seller Financing Available! Contact for Details. 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.
Additional Information
- Taxes
- $14,396
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s)
- Attached Structure
- Attached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $162,924
- Operating Expense
- 47004
Listing courtesy of Listing Agent: Garrett Blair (gb@morganskenderian.com) from Listing Office: Morgan Skenderian.
Listing sold by Jacqueline Valentin from Freedom Homes
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.