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724 South Stanley Avenue

724 South Stanley Avenue, Los Angeles, CA 90036
Property in Miracle Mile
724 South Stanley Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1931 and is 93 years old. The home has a total of 8 bedrooms. Residents will have access to 8 full bathrooms. There are 8 partial bathrooms in the home. In addition, 724 South Stanley Avenue has 9,786 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,533 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. 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, 724 South Stanley Avenue was last sold in Jul 19, 2007 for $495,000. According to our calculations, that's $50.58 per sqft. Current property owners are expected to pay $16,569 in taxes per year. The property on 724 South Stanley Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,312,785. To break that down further, the land itself was valued at $754,835. While improvements to the property were assessed at a total of $557,950. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Parking

Assigned Parking
Gated Parking
Garage Parking
Tandem Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210827 Unit 7
08/27/2021
7
2 Bed
2 Bath
1316 ft²
$749,900
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1316 ft²
-
-
-
Joe Cuadra
Keller Williams - Northridge-Central
20210105 Unit 7
01/05/2021
7
2 Bed
2 Bath
1316 ft²
$675,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1316 ft²
$788,000 +16.74%
11/15/2021
Maria Montoya

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1931
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,533
  • Total Building Area: 9,786
  • Gross Building Area: 9,786
  • Building Area: 9,786
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 9,786
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6421
  • Land Acres: 0.219
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 6421 LOT/SEC 79

Ownership

  • Current Owner : FENTON ROGER I
  • Previous Owner : WAVNE BRAD
  • Previous Owner 2: WAVNE WAYNE ELISA

Neighborhood

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

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 42-F2
  • Subdivision Tract Number: 6421
  • Parcel: 5086-021-028
  • Lot: 79
  • Municipality: WEST /PARK LABREA
  • Latitude: 34.0617
  • Longitude: -118.359

    Address

  • Full Address: 724 S Genesee Ave
  • Address - House Number: 724
  • Street Direction: S
  • Address - Street Name: Genesee
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C069
  • 4-Digit Zip Code: 4528
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,569
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,286,880
  • High Value: 1,571,335
  • Low Value: 1,002,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Jul 31, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,312,785
  • Assessed Land Value: $754,835
  • Assessed Improvements Value: $557,950

    Sales

  • Current Sale Contract Date: Jul 19, 2007
  • Current Sale Recording Date: Jul 31, 2007
  • Current Sale Transaction ID: 1009973040
  • Current Sale Price: $495,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 07-1805132

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Jul 31, 2007
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

About Central LA



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Frequently Asked Questions

What neighborhood is 724 South Stanley Avenue located in?
The 724 South Stanley Avenue is a located in the neighborhood of Miracle Mile in Central LA, Los Angeles.
What is the average sales price for listings in 724 South Stanley Avenue?
The average sales price for units in 724 South Stanley Avenue is $635,000 , or $483/sqft. currently.

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