1654 S Stanley Avenue
Los Angeles, CA 90019

  • – beds
  • – baths
  • – sqft
  • 6,955 sqft lot
  • 1932 build
  • on site

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Discover an exceptional Picfair Village duplex now on the market for the first time in over 17 years, offering a rare investment opportunity. Minutes away from Culver City, West Hollywood, and Beverly Hills, this property features a mix of units: a 3-bedroom 1.5-bath, and a 2-bedroom 1-bath, each designed to maximize comfort and appeal to a wide range of tenants. Each unit has its own private outdoor space making this an attractive duplex for owner-occupants or investors. The units have a history of generating significant income through short-term monthly rentals. The property includes stamped and APPROVED plans to convert the garage into a luxurious 2-bedroom, 2-bath Accessory Dwelling Unit (ADU) with 800 sqft of living space and a rooftop deck with views of Century City. This addition enhances the property's value and promises to increase its income-generating capabilities. Whether you choose to occupy one unit and lease the others, or capitalize on the full rental capacity, this property is poised to deliver an attractive annual income. With the flexibility to adjust rents in line with market conditions, this investment stands out as a not-to-be-missed opportunity for those seeking a property with strong income potential and growth. The neighborhood boasts lots of restaurants and amenities just a short distance away.

California Regional MLS logo Listed By CRMLS_CA / Felipe Crook / eXp Realty of California Inc / 213-268-6832

Last checked: Checking… • Last updated Apr 11, 2024 •

MLS# PW24045370 —

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Sale history

Date Event Source Price % Change
3/24/24
BRIDGE $1,790,000
3/24/24
Sold Subject To Contingencies CRMLS_CA $1,790,000
3/15/24
Price Changed CRMLS_CA $1,790,000 -0.3%

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Multifamily Sold on 4/9/2024

$1,804,000

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Listing provided by broker:

Felipe Crook

eXp Realty of California Inc

213-268-6832

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and eXp Realty of California Inc. Based on information from California Regional Multiple Listing Service, Inc. as of 10:45 on May 17.

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