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.
Sold for $1,804,000
Listed by: eXp Realty of California Inc • Felipe Crook • Contact: 888-584-9427
Bought with: Compass
$1,804,000
1654 S Stanley Ave, Los Angeles, CA 90019
5beds
3baths
2,208sqft
Duplex
Built in 1932
-- sqft lot
$1,719,000 Zestimate®
$817/sqft
$3,060 Estimated rent
Home value
$1,719,000
$1.58M - $1.86M
$3,060/mo
Zestimate® history
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$11,444/mo
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Rooftop deck
Zillow last checked:
Listing updated:
Listed by:
Felipe Crook DRE #02047440 213-268-6832,
eXp Realty of California Inc
Bought with:
Tina L. Cameron, DRE #01248345
Compass
Source: CRMLS,MLS#: PW24045370
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Refrigerator, Water Heater, Dryer, Washer
- Laundry: Inside
Features
- Quartz Counters, All Bedrooms Down
- Flooring: Tile, Wood
- Windows: Shutters
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,208
- Total interior livable area: 2,208 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: Front door
- Pool features: None
- Spa features: None
- Fencing: Block,Chain Link
- Has view: Yes
- View description: None
Lot
- Size: 6,955 Square Feet
- Features: 2-5 Units/Acre
Details
- Parcel number: 5069016012
- Zoning: LAR1
- Special conditions: Notice Of Default
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Spanish
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Foundation: Raised
- Roof: Flat,Tile
Condition
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $817/sqft
- Tax assessed value: $1,840,080
- Annual tax amount: $22,260
- Date on market: 3/5/2024
- Cumulative days on market: 17 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/9/2024 | Sold | $1,804,000+131.3%$817/sqft |
Source:  CRMLS #PW24045370 Report a problem | ||
| 3/1/2005 | Sold | $780,000+73.3%$353/sqft |
Source: Public Record Report a problem | ||
| 6/3/2004 | Sold | $450,000$204/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,260 +38% | $1,840,080 +40.1% |
| 2024 | $16,136 +2% | $1,313,504 +2% |
| 2023 | $15,827 +4.9% | $1,287,750 +2% |
| 2022 | $15,094 +1.3% | $1,262,501 +2% |
| 2021 | $14,906 -1% | $1,237,747 +1% |
| 2020 | $15,059 | $1,225,056 +2% |
| 2019 | $15,059 +4.9% | $1,201,036 +2% |
| 2018 | $14,363 | $1,177,488 +2% |
| 2017 | $14,363 +2.2% | $1,154,401 +20.3% |
| 2016 | $14,052 +20.2% | $960,000 +1.6% |
| 2015 | $11,688 -0.8% | $945,000 |
| 2014 | $11,781 | $945,000 +61.5% |
| 2012 | -- | $585,000 |
| 2011 | -- | $585,000 -43.6% |
| 2010 | -- | $1,037,933 -0.2% |
| 2009 | -- | $1,040,400 +2% |
| 2008 | -- | $1,020,000 +2% |
| 2007 | -- | $1,000,000 +25.7% |
| 2006 | -- | $795,600 +22.4% |
| 2005 | -- | $650,250 +65.8% |
| 2004 | -- | $392,134 +1.9% |
| 2003 | -- | $384,948 +2% |
| 2002 | -- | $377,400 +85% |
| 2000 | -- | $204,000 |
Find assessor info on the county website
Neighborhood: Mid City
Nearby homes
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Nearby schools
GreatSchools rating
- 8/10Saturn Street Elementary SchoolGrades: K-5Distance: 0.4 mi
- 7/10Emerson Community Charter SchoolGrades: 6-8Distance: 4.2 mi
- 5/10Fairfax Senior High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$1,719,000
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Estimated market value
$1,719,000
- California
- Los Angeles County
- Los Angeles
- 90019
- Mid City
- 1654 S Stanley Ave
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