West Hollywood, CA 90046,1047 N STANLEY AVE

$2,795,000

Est. payment /mo

$3,095,000

9.7%
Est.Price: ?

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1047 N STANLEY AVE West Hollywood, CA 90046

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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California Regional MLS (CRMLS)
Listed by Saadia Liberow • Marcus & Millichap
Bought with Saadia Liberow • Marcus & Millichap

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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