$2,795,000
$3,095,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/17/2016
Key Details
Sold Price $2,795,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 16156594
Sold Date 11/17/16
HOA Y/N No
Year Built 1959
Property Description
We are pleased to present for sale 1047 North Stanley Avenue located in the heart of West Hollywood, California. Located just south of Santa Monica Boulevard and a few blocks east of Fairfax, this two-story building provides excellent access to The Grove, the famed Sunset Strip and multiple cultural attractions. Additionally, 1047 North Stanley is just minutes from Hollywood, Beverly Hills and the 10 and 405 Freeways. 1047 North Stanley Avenue is a ten-unit building offering a desirable unit mix of one and two-bedroom units. This property includes ample subterranean parking, and on-site laundry facilities. A new boiler was installed in the last few years and four units have been remodeled. The property is subject to rent control but a long-term holder will recognize that there is significant rental upside.
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR3C*
Interior
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, See Remarks
Exterior
Parking Features Covered
Total Parking Spaces 10
Building
Story 2
Others
Tax ID 5530016025
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Saadia Liberow • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
24251 Town Center Dr Suite 201, Valencia, California, 91355, United States