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Image 1 - 712 S Stanley Ave, Los Angeles, California, 90036 - House for sale
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S Stanley Ave, Los Angeles, Home For Sale
712 S Stanley Ave, Los Angeles, California, 90036

S Stanley Ave, Los Angeles, Home For Sale

house for sale
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Listed: 07/25/24

712 S Stanley Ave, Los Angeles, California, 90036

10 Bed:
8 Bath:
6,950 Sq Ft Living Area:
Save
Price
$ 3M

About This House

We are excited to present a unique opportunity to purchase 712 S Stanley Ave, a fully vacant 4-unit apartment building centrally located in the highly sought-after Miracle Mile district of Los Angeles. Constructed in the 1920s with a Spanish architectural flair, the property offers a gross square footage of approximately6, 950and is situated on a 0.16-acre (6, 963 sq ft) lot. This property includes two spacious 2-bedroom, 2-bathroom units each approximately1, 350sq ft and two very large 3-bedroom, 2-bathroom units, each approximately1, 950sq ft. A key highlight is the full vacancy of the property upon purchase, allowing for immediate renovations and leasing, thereby enabling investors to realize the property's full income potential after their renovation is completed. This is particularly …  Full description

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Miracle Mile Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.