553 Stanford Avenue
Los Angeles, CA 90013
MLS #17216460

Income
  • 15units
  • 7,400sq ft
Pending Sale $1,000,000
Est. P&I payment: $3819.32/mo
553 Stanford Avenue, Los Angeles, CA 90013
  • 553 Stanford Avenue, Los Angeles, CA 90013 Photo 1
  • 553 Stanford Avenue, Los Angeles, CA 90013 Photo 2
  • 553 Stanford Avenue, Los Angeles, CA 90013 Photo 3
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Description for 553 Stanford Avenue, Los Angeles, CA 90013
3 units are 1 bedroom and 1 bath, 12 units are Bachelors with Common Bathrooms. Units are individually metered for electric and gas. Month to month tenancies under Los Angeles City Rent Control.
MLS #17216460
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My Notes for MLS #17216460

General Features

  • Number Of Buildings: 1
  • Number Of Units Total: 15
  • Year Built: 1907
  • Zoning: LAM2
  • Improvements Amount: 48,441
  • Land Value: 16,749

Exterior Features

  • Construction Materials: Brick
  • Stories Total: 3
  • Lot Size SqFt: 2,750
  • Lot Size Units: Square Feet
  • Common Walls: No Common Walls

Utility Features

  • Cooling: None
  • Laundry Features: None
  • Appliances: None

Financial Features

  • CapRate: 5
  • Net Operating Income: 50,217
  • Price Per SqFt: 135.14
  • Total Expenses: 46,140
  • Gross Multiplier: 10.38
  • Gross Operating Income: 96,357

Miscellaneous Features

  • Building Area Total: 7,400
  • Days On Market: 11
  • Lot Size Source: Assessor
  • Special Listing Conditions: Standard
  • Cumulative Days On Market: 11

Location

 
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Directions to 553 Stanford Avenue, Los Angeles, CA 90013
Between Central and San Pedro Streets, just north of 6th Street
Listing information for 553 Stanford Avenue, Los Angeles, CA 90013 was graciously provided by our friends at the listing brokerage, Metro Resources, Inc. and by listing agent Stahl David DRE# 00891905

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P&I Payment $3819.32
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Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Last Updated 01/17/2018 at 8:09pm
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