457 Stanley, Los Angeles, CA 90036
Local realty services provided by:ERA Excel Realty
457 Stanley,Los Angeles, CA 90036
$1,950,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: michael hrezo
Office: re/max of santa clarita
MLS#:SR26183908
Source:MLSListings
Price summary
- Price:$1,950,000
About this home
Exceptional four-unit investment and owner-user opportunity in the highly desirable Hancock Park / 90036 submarket, just blocks from Melrose and moments from The Grove, Beverly Grove, West Hollywood, shopping, dining and entertainment. Situated on an approximately 6,362 SF LARD1.5 lot, this classic Los Angeles fourplex offers tremendous long-term value-add potential in one of the city's most sought-after infill locations. One unit is currently vacant, creating an outstanding opportunity for an owner-user to live in the property while generating income from the three remaining units. For the investor, existing rents provide significant future upside as the property currently reflects legacy rental income well below the potential of this prime location. The generous lot and zoning may also offer potential for an ADU, additional improvements, or future redevelopment, subject to Buyer verification of zoning, density, permits, tenant regulations and all applicable City and State requirements. The surrounding neighborhood continues to experience substantial reinvestment, renovation, and new development, further enhancing the long-term appeal of this location. Whether your strategy is owner occupancy, rental repositioning, long-term hold, ADU/value-add improvements or future redevelop...
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Home facts
- Year built:1939
- Listing ID #:SR26183908
- Added:15 day(s) ago
- Updated:September 06, 2026 at 04:31 PM
Structure and exterior
- Year built:1939
- Lot area:0.15 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,950,000
Parking
- Parking description:Attached, Other
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