856 -858 S STANLEY Avenue, Los Angeles, CA 90036

About this property

This Magnificently Restored Moroccan Mediterranean Oasis with it's unique design and Art Deco flare, is ideally located as owner user masterpiece w its original 1930's character. Its endless possibilities are an investor's hidden treasure, and the entire property will be delivered completely VACANT! 2 ADU's can be added! This gem offers two spacious redone residences, both w tons of windows flooded w sun & natural light, huge chefs kitchens w Viking gas stoves, over stove pot fillers, stainless steel, handcrafted cabinets, lrg bar area & ample counters. Each w formal dining & huge living rms, hi ceilings, wd burning F/P, beautiful stained glass west facing windows w city views! - ideal for entertaining. Spacious beds w decorative ceiling light canopies, pretty garden setting windows. Upper unit w fabulous sunny bonus rm off living w tons of windows -perfect for family rm, art studio or guest bed & stunning brand new master bath meticulously designed w bright white hand cut marble mosaic tiles, top-of-the-line fixtures, double sinks, skylights & frosted glass wall/doors. Second bths restored w nu fixtures, tons of original charm. Refinished upstairs, new downstairs hardwd flrs. Wainscoting, vast arches & ceiling accents. Heat & central air! Washer/Dryer hookups in both. Basement. New electrical and copper plumbing! Refinished Terracotta stairs w decorative Spanish tiles lead to serene landscaped front & spacious elegant rear outdoor living areas w manicured gardens, flowing fountains, fruit trees, mature foliage, lush greenery, fresh herbs, magnolias & rosemary. Cool exterior Lime paint. Check w city regarding 2ADU's! up to 1200 sq ft each - Convert existing structure in rear to 1 ADU and/or build 2nd ADU on top or revert back to garage. Property falls within Historic Preservation Overly Zone (HPOZ). Perfect for owner-user to live in one & rent other to offset mortgage, or for investor looking for prime vacant property in excellent location for long-term appreciation and/or development. Ideally located on quiet residential street just blocks to LACMA, La Brea Tar Pits, Grammy & Peterson Museums, new Purple Line Metro Station. Extremely walkable to plenty of dining, historic Farmers Market & The Grove.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$2,200,000

Sold June 2023 · listed $2,285,000, on market April 2023 · MLS #23264925 · Source: CRMLS

Listing Agent: Lauren Swartzberg · Listing Office: Beverly and Company, Inc. · Contact: 818-382-4160 · Bought with: Lauren Swartzberg · Beverly and Company, Inc.

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