1703 Stoner Avenue

Los Angeles , CA 90025

MLS#: 25581739

$2,995,000

Status: Active
Listing number: 25581739
Listing provided by: Global Platinum Properties, Inc.
Listing agent phone: None
Last update: 9 hours ago
New on site 1 day ago
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Property

Beds

13

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

9,056

Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story townhome, two-bedroom, two-bath units, and one-bedroom units, totalling 9,064 SF. There's considerable potential to increase rental income through strategic upgrades. The possibility of converting garage areas into additional ADUs provides substantial value-add opportunities. Zoned [Q]R3-1 on a 7,385 square foot lot, the property offers not only immediate income but also long-term growth prospects, making it an exceptional chance to maximize returns on your investment portfolio.

Features & Amenities

Interior

  • Total Bedrooms

    13

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Parking

    Covered

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1696

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,995,000

  • Sq. Footage

    9, 056

  • Price/SqFt

    $330

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    3

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Armin Soleimani , Global Platinum Properties, Inc.

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Discover a prime investment opportunity with this well-located 9-unit building, perfect for savvy real estate investors seeking significant upside in West LA (Sawtelle). This property is an ideal candidate for a Tenants In Common (TIC) development, offering flexible ownership structures that can attract a broader range of investors, with its diverse mix of units, including a spacious two-story townhome, two-bedroom, two-bath units, and one-bedroom units, totalling 9,064 SF. There's considerable potential to increase rental income through strategic upgrades. The possibility of converting garage areas into additional ADUs provides substantial value-add opportunities. Zoned [Q]R3-1 on a 7,385 square foot lot, the property offers not only immediate income but also long-term growth prospects, making it an exceptional chance to maximize returns on your investment portfolio.

1703 Stoner Avenue

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