553 Stanford Ave
Los Angeles, CA 90013
4 Beds17 Baths7,440 Sq Ft76 Days on Market
For Sale $1,600,000
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Courtesy of Kidder Mathews of California, Inc.
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 7.87% CAP and 6.71 GRM on current rents with upside to operate at a 17.28% CAP and a 3.98 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of 4 one-bedroom units and 13 studio units with 7 of 17 units renovated with one Studio unit delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuel, Bestia, De La Noma and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Apolis: Common Gallery, Arts District Co-op, Buru and Le Labo.
MLS# 24450419 • Data provided by CRMLS
Living Area | 7,440 Sq.Ft. |
---|---|
Lot Size | 2,753 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 17 |
Stories | 3 |
Year Built | 1907 |
Property Type | Multifamily |
Zoning | LAM2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $14,638 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,528,104
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
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HouseCanary, Inc. Brokerage
553 Stanford Ave., Los Angeles, CA 90013
Multifamily4 Beds17 Baths7,440 Sq Ft76 Days on Market
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 7.87% CAP and 6.71 GRM on current rents with upside to operate at a 17.28% CAP and a 3.98 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of 4 one-bedroom units and 13 studio units with 7 of 17 units renovated with one Studio unit delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuel, Bestia, De La Noma and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Apolis: Common Gallery, Arts District Co-op, Buru and Le Labo.
MLS# 24450419 • Data provided by CRMLS
Living Area | 7,440 Sq.Ft. |
---|---|
Lot Size | 2,753 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 17 |
Stories | 3 |
Year Built | 1907 |
Property Type | Multifamily |
Zoning | LAM2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $14,638 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.
553 Stanford Ave
Los Angeles, CA 90013
4 Beds17 Baths7,440 Sq Ft76 Days on Market
Listing Agent & Comments
Casey Lins • Kidder Mathews of California, Inc.
310-692-1814 • Casey.Lins@kidder.com License #01902650We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 7.87% CAP and 6.71 GRM on current rents with upside to operate at a 17.28% CAP and a 3.98 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of 4 one-bedroom units and 13 studio units with 7 of 17 units renovated with one Studio unit delivered VACANT. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuel, Bestia, De La Noma and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Apolis: Common Gallery, Arts District Co-op, Buru and Le Labo.
MLS# 24450419 • Data provided by CRMLS
Living Area | 7,440 Sq.Ft. |
---|---|
Lot Size | 2,753 Sq.Ft. |
Total Rooms | -- |
Bedrooms | 4 |
Bathrooms | 17 |
Stories | 3 |
Year Built | 1907 |
Property Type | Multifamily |
Zoning | LAM2 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $14,638 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,528,104
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties
New
Do you own this home?
Access your homeowner dashboard
For Sale $1,600,000
Request tour
Save
Courtesy of Kidder Mathews of California, Inc.