$1,375,000
-$75,000553 Stanford Avenue, Los Angeles CA 90013
Multi-Family (17 Units)
Property type
199 days
On market
$185
Price per sqft
N/A
Garage
1907
Year built
2,752 sqft
Lot size
Open Houses
Overview
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 9.73% CAP and 5.24 GRM on current rents with upside to operate at a 14.80% CAP and a 4.20 GRM. The property is a three-story brick building constructed in 1908 with a unit mix of four one-bedroom units and thirteen studio units with...
Listing provided by: Casey Lins DRE #01902650 714-333-6768, Kidder Mathews of California, Inc., Vincent Cook DRE #02012324 213-225-7222, Kidder Mathews of California, Inc
Listing updated: Jun 4, 2026 at 07:48pm.
Last checked: Jun 4, 2026 at 08:30pm
Source: CRMLS #25620269
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $1,659 | $1,659 | $1,950 | Unfurnished |
| 5 | 0 | 1 | — | $1,500 | $1,500 | $1,500 | Unfurnished |
| 8 | 0 | 1 | — | $969 | $969 | $1,500 | Unfurnished |
# of Buildings: 1
# of Units Total: 17
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
5.2x
List Price / Annual Gross Rent
Cap Rate
9.73%
NOI / List Price
Vacancy Allowance Rate: 3%
Net Operating Income: $133,796
Interior
Cooling: None
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Common Walls: One Common Wall
Security Features: Gated Community
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5147020027
Additional Parcels: No
Zoning: LAM2
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 553 Stanford Avenue, Los Angeles, CA 90013. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,100,000
Total Interest
$1,402,989
Total Payment
$2,502,989
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,535
per month
Property History for 553 Stanford Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90013.
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