1415 S St Andrews Place, Los Angeles, CA 90019

$1,825,000
12
BD
8
BA
9,268
SqFt

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List Price
$1,825,000
Price Change
▼ $100,000 1783057364
Status
PENDING
MLS#
26833875
Year Built
1922
Bedrooms
12
Bathrooms
8
Living Sq. Ft
9,268
Lot Size
13,166
Acres
0.30
Lot Location
Landscaped, Rectangular Lot
Days on Market
102
Property Type
Multifamily
Style
Traditional
Stories
One Level

Property Description

Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.

Additional Information

Appliances
Gas Oven, Oven, Refrigerator, Dryer
Pool Description
None
Fireplace Description
Dining Room, Kitchen, Living Room
Heat
Natural Gas, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Exterior Construction
Stucco
Roof
Composition, Tile
Garage Spaces Total
8
Sewer
Other, Sewer Tap Paid
Water
Public
Attached Structure
Attached
Number Of Units Total
8

Listing courtesy of Listing Agent: Christophe Choo (Christophe@ChristopheChoo.com) from Listing Office: Coldwell Banker Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.