Check Availability

1012 South Stanley Avenue

1012 South Stanley Avenue, Los Angeles, CA 90019
Multifamily in Miracle Mile
Sold Aug 03, 2020
$1,450,000
$980,000 by United Wholesale Mortgage
Mortgage Due Aug 01, 2050
Sold Mar 11, 2016
$1,180,000
$944,000 by Bank Of America Na
Mortgage Due Apr 01, 2046
Local assessors in Los Angeles, CA have categorized 1012 South Stanley Avenue as a residential type of property. The home was built in 1934 and is 90 years old. The property's lot size has been calculated to be 5,500 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1012 South Stanley Avenue has a total of 2,780 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. Residents rely on air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1012 South Stanley Avenue was last sold in Jul 25, 2020 for $1,450,000. According to our calculations, that's $521.58 per sqft. Prior to that sales transaction, the property was sold for $1,180,000 in Feb 8, 2016. Current property owners are expected to pay $17,600 in taxes per year. The property on 1012 South Stanley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,508,284. To break that down further, the land itself was valued at $1,040,196. While improvements to the property were assessed at a total of $468,088. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Detached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 2,780
  • Gross Building Area: 2,780
  • Building Area: 2,780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5194
  • Land Acres: 0.126
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 5194 LOT/SEC 129

Ownership

  • Current Owner : OSTERBERG GARY R
  • Current Owner 2: OSTERBERG TROY
  • Previous Owner : LEE RAYMOND
  • Owner Before Previous Owner: LEW VICTOR ROBERT
  • Ownership Rights Codes: Family Trust
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 07, 2023

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 216302

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 42-F2
  • Subdivision Tract Number: 5194
  • Parcel: 5085-002-034
  • Lot: 129
  • Municipality: WEST /MID-CITY
  • Latitude: 34.057
  • Longitude: -118.358

    Address

  • Full Address: 1012 S Stanley Ave
  • Address - House Number: 1012
  • Street Direction: S
  • Address - Street Name: Stanley
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C038
  • 4-Digit Zip Code: 6634
  • Zip Code: 90019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,600
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 1,886,702
  • High Value: 2,318,913
  • Low Value: 1,454,492

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Aug 03, 2020
  • First Open Lien Mortgage Loan Amount: $980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,508,284
  • Assessed Land Value: $1,040,196
  • Assessed Improvements Value: $468,088

    Sales

  • Current Sale Contract Date: Jul 25, 2020
  • Current Sale Recording Date: Aug 03, 2020
  • Current Sale Transaction ID: 11775910221
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0877077
  • Previous Sale Recording Date: Mar 11, 2016
  • Previous Sale Contract Date: Feb 08, 2016
  • Previous Sale Amount: $1,180,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Aug 03, 2020
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Mar 11, 2016
  • Previous Mortgage Loan Amount: $944,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Central LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 6280 W 3rd Street, Los Angeles, CA, 90036

$8,570 /mo

  • 3 Beds
  • 3 Baths
  • 1,850 ft²
6280 W 3rd Street, Los Angeles, CA, 90036 Listing by Victoria Cruz-Christian
Unit for rent at 8535 Colgate Ave, LOS ANGELES, CA, 90048

$6,240 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
8535 Colgate Ave, LOS ANGELES, CA, 90048 Listing by Tony Diamond
Unit for rent at 8555 Colgate Ave, Los Angeles, CA, 90048

$5,450 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,350 ft²
8555 Colgate Ave, Los Angeles, CA, 90048 Listing by Daniel Hicks
Unit for rent at 6260 W 3rd St, LOS ANGELES, CA, 90036

$5,890 /mo

  • 2 Beds
  • 2 Baths
  • 1,520 ft²
6260 W 3rd St, LOS ANGELES, CA, 90036 Listing by Victoria Cruz-Christian
Unit for rent at 311 N Doheny Dr, Beverly Hills, CA, 90211

$8,500 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,052 ft²
311 N Doheny Dr, Beverly Hills, CA, 90211 Listing by Brandon Douglas
Unit for rent at 6187 Barrows Dr, LOS ANGELES, CA, 90048

$7,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,928 ft²
6187 Barrows Dr, LOS ANGELES, CA, 90048 Listing by Monique Carrabba
Unit for rent at 426 N Citrus Ave, LOS ANGELES, CA, 90036

$7,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,222 ft²
426 N Citrus Ave, LOS ANGELES, CA, 90036 Listing by Sheri Bienstock

Frequently Asked Questions

What neighborhood is 1012 South Stanley Avenue located in?
The 1012 South Stanley Avenue is a multifamily located in the neighborhood of Miracle Mile in Central LA, Los Angeles.
What is the average sales price for listings in 1012 South Stanley Avenue?
The average sales price for units in 1012 South Stanley Avenue is $0 currently.

Quantcast