NOT LISTED FOR SALE

1008 N Stanley Ave West Hollywood, CA 90046

14 Beds
14 Baths
8,632 Sq Ft
6,668 Sq Ft Lot

Last Sold April 28, 2023

Last sale price $3,780,250 $438 Per Sq Ft

249 Days on Market

About This Home

As of April 2023

Prime West Hollywood location, walking distance to The Grove, Original Farmers Market and shops and restaurants along Santa Monica Blvd & Melrose Avenue. Upside potential for an investor to turn units, and achieve market rents.

Last Agent to Sell the Property

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641 Listed on: 07/01/2022

REMAX COMMERCIAL & INVESTMENT REALTY

Last Buyer's Agent

Jake Plewa

REMAX COMMERCIAL & INVESTMENT REALTY License #02041641 Listed on: 07/01/2022

REMAX COMMERCIAL & INVESTMENT REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,668 Sq Ft Lot
  • Lot Dimensions are 50x130

Interior Spaces

  • 8,632 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 14 Bathrooms

Parking

  • 15 Parking Spaces
  • Subterranean Parking

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Community Details

  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 5530-017-016

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 8632
  • Lot Acreage: 0.1531
  • Lot Dimensions: 50x130
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 14
  • Total Bathrooms: 14.00
  • Price Per S Q F T: 451.81

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Subterranean
  • Total Parking: 15

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 51.64
  • Assessed Improvement Value: 401200
  • Assessed Land Percent: 48.36
  • Assessed Land Value: 375681
  • Total Assessed Value: 776881
  • Assessor Parcel Number: 5530-017-016
  • Lot Size Area: 6668

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.80
  • Number Of Units: 10
  • Total Annual Expense: 79023
  • Type Of Units: Large
  • Vacancy Rate: 20%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $3,780,250 -3.1% $438 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
01/25/2023 01/25/23 For Sale $3,900,000 0.0% $452 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
11/02/2022 11/02/22 Price Changed $3,900,000 -7.1% $452 / Sq Ft
08/19/2022 08/19/22 Price Changed $4,200,000 -6.7% $487 / Sq Ft
07/01/2022 07/01/22 For Sale $4,500,000 -- $521 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-174487

The MLS