$1,950,000

457 N Stanley, Los Angeles, CA 90036

  • 2,936 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon6,364sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $664/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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 redevelopment, this property offers multiple paths to create value. Four legal units, one delivered vacant, valuable land, tremendous rental upside and an irreplaceable central Los Angeles location.

Listing Status:
Active
Date Added:
August 21, 2026
Data Last Updated:
August 24, 2026 at 2:19PM
Listing Office:
RE/MAX of Santa Clarita : 661-255-2650
Listing Agent:
Michael Hrezo : 661-255-2650
Contact:
661-212-9900
MLS ID:
SR26183908
  • Laundry: None
  • Fireplace: None
  • Pool: None
  • Parking: ConcreteDoor-MultiDrivewayGarageParking spaces: 6
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • County: Los Angeles
  • Zoning: 5527026040
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

This listing courtesy of Michael Hrezo , RE/MAX of Santa Clarita

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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