822 Stanley $2,095,000

Stunning Updated Duplex in the Heart of Beverly Grove / Melrose District Located in one of Los Angeles’ most desirable and walkable neighborhoods, this beautifully updated side-by-side duplex at 822 & 824 N. Stanley Avenue presents an exceptional opportunity for investors, owner-users, or 1031 exchange buyers. The property offers approximately 2,551 square feet of combined living space on a 6,501 square foot lot and features two attached units, each approximately 1,225 square feet. One unit is vacant and ideal for owner occupancy or immediate rental, while the second unit is tenant-occupied on a month-to-month basis with strong rental appeal. Extensively renovated between 2017 and 2018, the property includes a new roof, new air conditioning units, upgraded electrical panels, new garage doors with openers and pedestrian doors, a fully paved driveway, and comprehensive interior renovations in both units. Both units enjoy access to a shared outdoor space featuring artificial eco-friendly turf in the front and rear yards, landscape lighting, a gas-burning firepit, and an outdoor grilling station with a dedicated gas line and pad. The property also offers separate gas and electric meters, a shared water meter, garages suitable for small to mid-size vehicles, and paved driveway access. Each unit features updated kitchens and bathrooms, modern interior finishes, indoor laundry rooms, fireplaces, and access to the shared yard, creating flexible living options for owner-users or tenants alike. Additional value is provided through included architectural plans for two ADUs, offering future development potential (buyer to verify permitting and feasibility). Situated in the coveted Beverly Grove / Melrose District, this property is minutes from Melrose Avenue, Beverly Boulevard, The Grove, and the Fairfax District. The area is known for its vibrant dining, boutique shopping, fitness studios, and entertainment, along with strong long-term demand and excellent resale appeal.

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