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Price Drop: $275K (10/29)
Street View
Listed by: Casey Lins (714) 333-6768 DRE #01902650, Vincent Cook DRE #02012324 | Kidder Mathews of California, Inc. (858) 369-3010
$1,175,000
Monthly Est:$5,848
4 Beds
17 Baths
7,440sqft
553 Stanford Ave, Los Angeles, CA 90013
$1,175,000
$5,848/moEst:
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Multi Family
Built in 1907
$-- HOA
2,752 sqft lot
$158/sq.ft
Description
We are pleased to present 553 Stanford Ave, a 17-unit multifamily community located near the Arts District of Downtown Los Angeles, priced at a 11.49% CAP and 4.50 GRM on current rents with upside to operate at a 17.53% CAP and a 3.59 GRM. The property is a three-story brick building constructed in 1907 with a unit mix of four one-bedroom units and thirteen studio units. 4 studio units and 2 one-bedroom units will be delivered VACANT, for a total of 6 VACANT units. 553 Stanford Ave is centrally located in DTLA near the Arts Districts in close proximity to the 10, 110, 101 and 5 freeway, in one of the most desirable and trendy submarkets that has recently undergone immense transition. The location offers tenants easy access to a plethora of restaurants such as Sushi Gen, Maccheroni Republic, Marugame Monzo, Baroo, Manuela, Bestia, De La Nonna and much more. The Arts Districts also offers amenities and attractions such as ROW DTLA, Art Share LA, Arts District Brewing Company, Angel City Brewery, Hauser & Wirth, as well as retailers such as Arts District Co-op, Buru and Le Labo. Contact the listing broker for additional information.
- Houzeo last checked: 12 hours ago
- Listing updated: October 30, 2026 at 2:27 pm
- Source: California Regional MLS-CA | MLS#: 25620269
This condo is in:
Property Details
Status
Active Under Contract
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1907
HOA Fees
-
Finished Area
7,440 sqft
Lot Size
2,752 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25620269
MLS Status
ActiveUnderContract
Days on Market
350
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 17
Interior
Cooling
None
Utilities & Energy
Parking Features
None
Security Features
Gated Community
Other Features
Community Features
Gated
Price History
| Date | Event | Price |
|---|---|---|
10/29/2026 Source: | Contingent (Active Under Contract) | $1,175,000 $158/sqft |
09/08/2026 Source: | Price Decreased | $1,175,000 -18.97% $158/sqft |
02/23/2026 Source: | Price Decreased | $1,450,000 -6.45% $195/sqft |
11/18/2025 Source: | Listed for Sale | $1,550,000 -3.12% $208/sqft |
10/08/2024 Source: | Off Market | $1,600,000 +90.48% $215/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 02, 2026, 02:15PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage
