406 S St Andrews Pl, Los Angeles, CA 90020
- $2,300,000
- 27
- BD
- 28
- BA
- 10,868
- SqFt
- Sold Price
- $2,300,000
- List Price
- $2,475,000
- Closing Date
- Feb 21, 2026
- MLS#
- 25626247
- Year Built
- 1960
- Bedrooms
- 27
- Bathrooms
- 28
- Living Sq. Ft
- 10,868
- Lot Size
- 9,015
- Days on Market
- 60
- Property Type
- Multifamily
- Stories
- 2
Property Description
406 S St Andrews Pl presents a lender-owned multifamily opportunity with seller financing available, offering investors enhanced leverage and flexible acquisition terms. Built in 1960, this 10,868 SF, 11-unit property sits on a 9,015 SF lot and features a well-balanced unit mix in the heart of Koreatown, one of Los Angeles' most supply-constrained rental submarkets. The asset offers stable in-place income with immediate upside through interior renovations and lease-up of current vacancies. The property benefits from rare on-site parking for Koreatown, on-site laundry, and separately metered gas and electric, driving operational efficiency. Located north of Wilshire Boulevard and west of Western Avenue, and within mile of the Wilshire/Western D Line Station, the asset is positioned for both strong long-term tenant demand and future redevelopment potential through ADUs or density bonus programs (buyer to verify). This is a highly executable value-add opportunity with multiple paths to grow NOI and long-term equity.
Additional Information
- Other Buildings
- Other
- Heat
- Other
- Cooling
- Other
- Number of Cars in Garage
- Attached, Covered Parking, Uncovered
Mortgage Calculator
Courtesy of Tony Azzi, Tony Azzi - CA DRE#00910513 Selling Office: .
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