1415 S St Andrews Pl, 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 1783054269
MLS#
26833875
Year Built
1922
Bedrooms
12
Bathrooms
8
Living Sq. Ft
9,268
Lot Size
13,166
Days on Market
27
Property Type
Multifamily
Style
Traditional
Stories
2

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

Association Amenities
None
Lot Description
Automatic Gate, Fenced, Fenced Yard, Gated Community, Landscaped, Street Lighting, Street Paved, Street Concrete, Sidewalks, Lot Shape-Rectangular
Other Buildings
None
Pool Description
None
Heat
Wall, Natural Gas
Cooling
Air Conditioning, Wall/Window
View
None
Exterior Construction
Stucco
Number of Cars in Garage
Assigned, Auto Driveway Gate, Community Garage, Controlled Entrance, Covered Parking, Detached, Driveway, Shared Driveway, Uncovered, On street, Other, Garage Is Detached, Garage - 4+ Car, Driveway Gate, Driveway - Concrete
Garage Spaces Total
8
Water
District, Meter on Property, Public

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Calculator source: Real Geeks

Courtesy of Coldwell Banker Realty, Christophe Choo - CA DRE#01027350

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