Sold for $1,070,000

Listed by: Morgan Skenderian • Garrett Blair • Contact: 949-251-8800

Bought with: Freedom Homes

$1,070,000

745 Stanford Ave, Los Angeles, CA 90021

11beds

9baths

4,714sqft

Multi Family

Built in 1925

-- sqft lot

$1,074,100 Zestimate^®

$227/sqft

$3,608 Estimated rent

Home value

$1,074,100

$977,000 - $1.18M

$3,608/mo

Zestimate^® history

Owner options

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$3,608/mo

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$3,608/mo

Rent Zestimate^®

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$6,907/mo

Est. payment

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$6,907/mo

Est. payment

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What's special

Seller Financing Available! Contact for Details. 745 Stanford Avenue presents an opportunity to acquire a 9-unit multifamily property located in the heart of Downtown Los Angeles. The property features an excellent unit mix consisting of (2) 2-bedroom/1-bath units and (7) 1-bedroom/1-bath units, catering to a wide range of renter demand in this highly competitive rental market. The property offers investors a rare chance to immediately implement a value-add strategy through unit renovations and repositioning. The combination of substantial rental upside and strong long-term demand in Downtown Los Angeles creates a compelling investment opportunity.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 11
Bathrooms: 9

Heating

Wall Furnace

Cooling

None

Appliances

Laundry: None

Features

Ceiling Fan(s)
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 4,714
Total interior livable area: 4,714 sqft

Property

Parking

Parking features: None

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 3,110 Square Feet
Features: Corner Lot

Details

Parcel number: 5146031035
Zoning: LAM2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $227/sqft
Annual tax amount: $14,396
Date on market: 9/2/2025
Cumulative days on market: 196 days
Listing terms: Cash,Cash to New Loan
Total actual rent: 3075
Tenant pays: Trash Collection

Price history

Date	Event	Price
3/31/2026	Sold	$1,070,000-7%$227/sqft
Source: CRMLS #PW25197418 Report a problem
3/17/2026	Contingent	$1,150,000$244/sqft
Source: CRMLS #PW25197418 Report a problem
10/16/2025	Price change	$1,150,000-4.2%$244/sqft
Source: CRMLS #PW25197418 Report a problem
9/3/2025	Listed for sale	$1,200,000$255/sqft
Source: CRMLS #PW25197418 Report a problem