2600 Stoner Avenue

Los Angeles, CA 90064

$1,835,000
Last Sold Price
8
Beds
7
Baths
5,036 Sq. Ft.
$364 / Sq. Ft.
5,036
Sq. Ft.
$364
per Sq. Ft.

Description

Impossible to find LAC2-zoned 6-unit garden apartment building in a premier West LA neighborhood featuring an expansive 150-foot frontage and priced at only $333k/unit & $396/sq foot. First time on the market in 55 years and in an incredibly central location nestled between Westwood, Mar Vista, Santa Monica, and Silicon Beach but at a more attractive price. All units come occupied making this an ideal buy and hold or 1031 exchange property and exhibit pride-of-ownership with original details and...Impossible to find LAC2-zoned 6-unit garden apartment building in a premier West LA neighborhood featuring an expansive 150-foot frontage and priced at only $333k/unit & $396/sq foot. First time on the market in 55 years and in an incredibly central location nestled between Westwood, Mar Vista, Santa Monica, and Silicon Beach but at a more attractive price. All units come occupied making this an ideal buy and hold or 1031 exchange property and exhibit pride-of-ownership with original details and spacious floor plans. Excellent unit mix featuring a 2-story 2+1.5 with fireplace, a 2+1, and 4 1+1s. The building enjoys on-site laundry, 4 single car garages and 2 outdoor parking spaces, and impeccable mid-century curb appeal. Don't miss this remarkable value add opportunity; whether you perform basic cosmetic improvements or re-imagine/re-purpose into the structure of your dreams, you'll have Google and a host of new mixed-use projects to influence you. Sold as-is w/ no credits or repairs.

Property Details for 2600 Stoner Avenue

Zoning
LAC2
Style
Mid Century
Parcel Number
4257013024
Total Units
6.0
Living Area
5036
Source Living Area
Assessor
Area
West Los Angeles (WLA)
Vacancy Rate
0

Location

Listing Courtesy of Compass, Eric Akutagawa, DRE #01432257

Sold By S C Real Estate, Vincenzo Altamura, DRE #01901957

Add your commute
LISTING UPDATED: 09/18/2019 01:58 PM

Property Details for 2600 Stoner Avenue

StatusSold
MLS #19-462162
Days on Market88
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1955
Lot Size0.13 AC / 5,609 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Eric Akutagawa, DRE #01432257

Sold By S C Real Estate, Vincenzo Altamura, DRE #01901957

Add your commute

Listing Agent

  1. Eric Akutagawa

    Eric Akutagawa

    Listing Agent

    Compass

    DRE #01432257

Building Information for 2600 Stoner Avenue

Stories2Residences-Year Built1955Building Size-Lot Size0.13 AC / 5,609 SF

Payment Calculator

$8,778 per month

30 year fixed, 3.85% Interest

Principal and Interest

$6,882

Property Taxes

$1,896

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2600 Stoner Avenue

Community / Development
    Community / Development
  • Tax Mello Roos: Unknown
  • Number Of Units: 6
  • Professional Management: 5448.0
Structure Info
    Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 2s and 1s
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Direction Faces: West
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Gas
Contract Info
    Contract Info
  • Probate: No
  • Financing: Cash, Cash To New Loan
  • Disclosures: Trust/Conservatorship, Rent Control, Private Transfer Taxes
  • Listing Type: Exclusive Right (R)
  • Service Level: Full Service
Income & Expenses Information
    Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $88,165
  • Net Operating Income: $46,406.00
  • Gross Income: $90,891
  • Gross Scheduled Income: $94,527
  • Cap Rate: 2.20%
  • Gross Rent Multiplier: $23.05
  • Monthly GrossI Income: $7,574.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 41759
  • Water Expense: $2,800.00
  • Gas Expense: $1,280
  • Electric Expense: $1,524.00
  • Tax Expense: $26,187
  • Gardener Expense: $1,440
  • Expense Licenses: $407.00
Land / Lot Info
    Land / Lot Info
  • Alley: Yes
  • Lot Size Square Feet: 5609
  • Lot Features: Irregular Lot
  • Lot Description: Lot Shape-Irregular
  • Lot Location: Alley Access
  • Geocode Override: 0.0
  • Assessments: Unknown
Parking Details
    Parking Details
  • Parking Garage: Driveway - Concrete, Garage, Garage Is Attached
  • Total Parking: 4
  • Covered Parking: 4
  • Open Other Spaces Total: 2
  • Garage Spaces Total: 4
  • Parking Features: Concrete, Garage
Interior Features
    Interior Features
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Gas
  • Heating Type: Wall Gas
  • Flooring: Wood
  • Equipment: Range/Oven
  • Kitchen Features: Tile Counters
  • Common Walls: Attached
  • Cooking Appliances: Free Standing Gas
  • Laundry: Individual Room, Community
  • Laundry Equipment: Lease
Exterior Features
    Exterior Features
  • Pool: No
  • Private Pool: No
  • Tennis: No
  • Roof: Composition, Shingle
  • Windows: Double Pane Windows
  • Construction: Stucco
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Raised
Lease Terms
    Lease Terms
  • Entry Date: 05-03-2019
  • Listing Terms: Cash, Cash To New Loan
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas
Unit Details
    Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,217.00
  • Unit Actual Rent: $1,217.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
    Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,682.00
  • Unit Actual Rent: $1,682.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
    Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,096.00
  • Unit Actual Rent: $1,096.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
    Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $978.00
  • Unit Actual Rent: $978.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
    Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $951.00
  • Unit Actual Rent: $951.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
    Unit 6 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $2,150.00
  • Like Units: 1
    Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Number of Electric Meters: 6
  • Number of Gas Meters: 6
  • Number Leased: 6
  • Number Range: 6
Tax and Assessed Info
    Tax and Assessed Info
  • Assessed Improvement Value: $88,465.00
  • Assessed Land Value: $431,506.00

Property History for 2600 Stoner Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2600 Stoner Avenue

Taxable ValueLand$1,010,360Additions$843,650Total$1,854,010
Tax Record2021$22,758 ($1,896 / month)
Home Facts
Total Finished SqFt5,036 SqFtAbove Grade Finished SqFt5,036 SqFtLot Size5,609 SqFtStyleMulti-Family Res (5+ Units)Year Built1955Year Renovated1955ZoningLAC2CountyLOS ANGELESAPN4257-013-024

Schools near 2600 Stoner Avenue

This home is within Los Angeles Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - K to 6
Public - 6 to 8
Charter - 9 to 12
RatingSchoolDistance
Nora Sterry Elementary School
PublicK to 5

Richland Avenue Elementary School
PublicK to 6

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. OriginPoint LLC is an affiliate of the Compass companies (OriginPoint LLC and Compass, each an “Affiliate”). As Affiliates, any referral by one Affiliate to the other may provide the referring company, its affiliates, and/or their employees with a financial or other benefit. You are not required to use OriginPoint and are free to shop around and compare the terms of other providers.

Listing Courtesy of Compass, Eric Akutagawa, DRE #01432257

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.