Multi-Family•Low-Rise/Garden•For Sale

325 N Stanley Ave, Los Angeles, California 90036

Sale Price $2,600,000
Zoning LARD1.5
Year Built 1928
Cap Rate 3.07%
Gross Bldg 5,374 SqFt
Land Area .15 Acres
Project Size 4
Net Op Inc $79,773.95
Market Fairfax
SVN and Westside Property Management are pleased to present 325 N Stanley Ave., Los Angeles, CA 90036. This Fourplex consists of (2) 2+2 Br Units and (2) 2+1.5 Br Unit and is an approximate size of 5,374 SF situated on an estimated 6,354 SF lot. It is in the charming Fairfax neighborhood, located just above the main thoroughfare of Beverly Boulevard. With a Walk Score of 91, this location is a "Walker’s Paradise" (daily errands do not require a car). The area is known to be densely populated, great rental growth market with extremely low vacancy rates. It also supports one of the most robust employment centers in the Los Angeles MSA and offers close accessibility to a wide range of entertainment and media companies such as Paramount Studios, CBS Studios, and Netflix. The famous local industry has contributed over two million square feet of commercial/office space presently under development in the nearby Hollywood submarket, representing project costs estimated to be over $1.5 Billion and almost 6,500 new employment opportunities. Located in the charming Fairfax neighborhood just North of Beverly Blvd (Closest Main Cross Street is N Fairfax Ave), Minutes away from the extremely well-known chic mall with upscale shops and theater known as The Grove. Centrally located to provides Tenants with lively nightlife, exceptional eateries and coffee shops, retail shops, and easy access to main thoroughfares.
  • Located in the Fairfax neighborhood, North of Beverly Blvd.
  • Walking Distance from the Grove
  • In Close Proximity to the Wilshire Country Club
  • Units have Charming and Well Maintained Interiors
  • 4 Units - (2) 2+1.5 & (2) 2+1.5
  • Approximately 20% Upside in Rents
  • "Walker’s Paradise" - Walk Score of 91
  • Located a few blocks away from distinguished cafes, restaurants, bars, entertainment, and nightlife
  • Ideal Value-Add play by modernizing and upgrading the building
  • 2 Parking Spaces per Unit
  • 1 Washer / 1 Dryer Installed in Every Unit
11/8/2019 11:20:37 PM 11/12/2019 6:31:50 AM
Alejandro Hinostroza
Advisor
SVN | Rich Investment Real Estate Partners

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