1240 South Stanley Avenue

Los Angeles, CA 90019

$1,725,000
Price
4
Beds
2
Baths
2,852 Sq. Ft.
$605 / Sq. Ft.
2,852
Sq. Ft.
$605
per Sq. Ft.

Description

Excellent opportunity to own a gorgeous, completely renovated duplex in the coveted Wilshire Vista neighborhood of vibrant Los Angeles. The exterior and interior architectural components of this duplex are rich in detail and beauty. Both 2 bedroom and 1 bathroom upper and lower units are incredibly spacious with abundant natural light and boast formal entries, large living rooms with fireplaces, formal dining rooms, large kitchens, breakfast nook or office flex space, and private laundry rooms. The...Excellent opportunity to own a gorgeous, completely renovated duplex in the coveted Wilshire Vista neighborhood of vibrant Los Angeles. The exterior and interior architectural components of this duplex are rich in detail and beauty. Both 2 bedroom and 1 bathroom upper and lower units are incredibly spacious with abundant natural light and boast formal entries, large living rooms with fireplaces, formal dining rooms, large kitchens, breakfast nook or office flex space, and private laundry rooms. The lush greenery in front and large backyard is perfect for relaxing or entertaining. The two-car garage located in the back could be perfect as an ADU.
  1. Listed by Randy Plaskoff • DRE #00906006 • Brokerage DRE #00858724 • Rodeo Realty- Brentwood

Property Details for 1240 South Stanley Avenue

Zoning
LAR1
Style
Spanish
Parcel Number
5085022016
Total Units
2.0
Living Area
2852
Source Living Area
Vendor Enhanced
Area
Beverly Center-Miracle Mile (C19)
Vacancy Rate
0
LISTING UPDATED: 12/16/2024 12:01 AM

Property Details for 1240 South Stanley Avenue

StatusActive
MLS #24-470793
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size0.17 AC / 7,264 SF
CountyLos Angeles County

Building Information for 1240 South Stanley Avenue

Stories2Residences-Year Built1930Building Size-Lot Size0.17 AC / 7,264 SF

Property Information for 1240 South Stanley Avenue

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Apartment
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
  • Building Permit: Yes
Contract Info
Contract Info
  • Disclosures: Property Report, Rent Control
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $85,980
  • Net Operating Income: $56,364.00
  • Gross Income: $85,980
  • Gross Rent Multiplier: $20.00
  • Total Annual Expense: 29616
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1668
  • Lot Size Square Feet: 7264
  • Lot Features: Back Yard, Landscaped, Front Yard, Lawn, Rectangular Lot
  • Lot Description: Back Yard, Fenced Yard, Gutters, Landscaped, Front Yard, Lawn, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Street Asphalt, Street Lighting
Parking Details
Parking Details
  • Parking Garage: Driveway - Pavers, Driveway Gate, Garage - 2 Car, Garage Is Detached
  • Total Parking: 8
  • Garage Spaces Total: 2
  • Parking Features: Paved, Garage - Two Door
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Air Conditioning
  • Heating: Wall Furnace, Combination
  • Heating Type: Wall, Combination
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Cable, Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer, Vented Exhaust Fan
  • Interior Features: Ceiling Fan(s)
  • Laundry: In Unit
  • Laundry Equipment: Own
Exterior Features
Exterior Features
  • New Construction: No
  • Construction MVO: Frame and Stucco
  • Other Structural Features: Full Copper Plumbing, Barbecue Private
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-09-2024
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $4,100.00
  • Unit Actual Rent: $4,100.00
  • Unit Projected Rent: $4,100.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,065.00
  • Unit Actual Rent: $3,065.00
  • Unit Projected Rent: $3,065.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $50,868.00
  • Assessed Improvement Percent: 54.55
  • Assessed Land Value: $42,383.00
  • Assessed Land Percent: 45.45
  • Assessed Total Value: $93,251.00

Property History for 1240 South Stanley Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1240 South Stanley Avenue

Taxable ValueLand$43,230Additions$52,245Total$95,475
Tax Record2024$1,488 ($124 / month)
Home Facts
Total Finished SqFt2,852 SqFtAbove Grade Finished SqFt2,852 SqFtLot Size7,262 SqFtStyleDuplexYear Built1930ZoningLAR1CountyLOS ANGELESAPN5085-022-016

Schools near 1240 South Stanley Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Saturn Street Elementary School
PublicK to 5

Emerson Community Charter School
Charter6 to 8

Fairfax Senior High School
Public9 to 12

New Los Angeles Charter School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1240 South Stanley Avenue is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on December 8, 2024 by Rodeo Realty- Brentwood, it's currently listed at $1,725,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Saturn Street Elementary School, Emerson Community Charter School and Fairfax Senior High School. 1240 South Stanley Avenue is a 4-bed, 2-bath, 2,852 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rodeo Realty- Brentwood, Randy Plaskoff, DRE #00906006

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.