310 N St Andrews Pl, Los Angeles, CA 90004
- $2,490,000
- 10
- BD
- 8
- BA
- 6,216
- SqFt
- List Price
- $2,490,000
- MLS#
- 26841451
- Year Built
- 1941
- Bedrooms
- 10
- Bathrooms
- 8
- Living Sq. Ft
- 6,216
- Lot Size
- 7,166
- Days on Market
- 110
- Property Type
- Multifamily
- Style
- Other
- Stories
- 2
Property Description
Situated in the highly desirable Mid-Wilshire neighborhood, 310 N. St. Andrews Place offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. Two units recently became vacant and 6 units are occupied by responsible tenants. The property offers a CAP rate of 5.07% and a GRM of 13.70. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.
Additional Information
- Other Buildings
- None
- Heat
- Central
- Cooling
- Wall Unit(s), Window Unit(s)
- Number of Cars in Garage
- Garage - 4+ Car
Mortgage Calculator
Courtesy of Keller Williams Realty Los Feliz, Johnny Cho - CA DRE#01394690
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