1654 S Stanley Avenue, Los Angeles, CA 90019
Duplex
Sold April 2024
Listing Agent: Felipe Crook (DRE #02047440) · Listing Office: eXp Realty of California Inc · Contact: 213-268-6832 · Bought with: Tina L. Cameron · Compass · MLS #PW24045370 · Source: CRMLS
About this duplex
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.
Listing description from the April 2024 sale, as reported to CRMLS.
Sale history