553 Stanford Ave, Los Angeles, CA, 90013
About This Home
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 9.16% CAP and 5.52 GRM on current rents with upside to operate at a 13.97% CAP and a 4.43 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 five studio units that will be delivered VACANT. 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.
Getting Around
Walker's Paradise
Excellent Transit
Very BikeableSchools
Construction
Condition
- Year built: 1907
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 17
Heating & Cooling
- Heating features: Other
- Cooling features: None
Interior Area
- Total structure area: 7,440
- Total interior livable area: 7,440 sqft
Property
Details
- Zoning: LAM2
- Special condition: Standard
- Other equipment: Other
Features
- Levels: Three Or More
- Stories: 3
Lot
- Lot size: 2,752 sqft
- Features: Single Lot
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,952 | $83,424 |
| Home Insurance * | $235 | $2,820 |
| Property Taxes | $767 | $9,204 |
| Electricity | $1,595 | $19,144 |
| Total | $9,549 | $114,588 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-07 | Listed for rent | $1,650 |
| 2026-02-23 | Price change | $1,450,000 |
| 2025-11-18 | Listed for sale | $1,550,000 |
| 2025-02-05 | Listing removed | $1,600,000 |
| 2025-01-09 | Listed for rent | $1,650 |
| 2024-10-08 | Listed for sale | $1,600,000 |
| 2024-09-10 | Listing removed | $1,598 |
| 2024-08-27 | Listed for rent | $1,598 |
| 2024-04-13 | Listing removed | -- |
| 2024-03-20 | Listed for rent | $2,132 |
| 2022-12-01 | Listing removed | -- |
| 2022-11-06 | Listed for rent | $1,840 |
| 2022-10-27 | Listing removed | -- |
| 2022-10-26 | Listed for rent | $1,660 |
| 2022-10-16 | Listing removed | -- |
| 2022-10-12 | Listed for rent | $1,369 |
| 2022-07-21 | Listing removed | -- |
| 2022-07-16 | Listed for rent | $1,369 |
| 2022-03-30 | Listing removed | -- |
| 2022-03-11 | Listed for rent | $1,605 |
| 2018-02-02 | Sold | $840,000 |
| 2017-04-10 | Pending sale | $1,000,000 |
| 2017-03-31 | Listed for sale | $1,000,000 |
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