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12-Bedroom ResidentialIncome — 1415 S St Andrews Place, Los Angeles, CA

$1,825,000

1415 S St Andrews Place, Los Angeles, CA

$1,825,000 — 1415 S St Andrews Place, Los Angeles, CA — photo 1 $1,825,000 — 1415 S St Andrews Place, Los Angeles, CA — photo 2 $1,825,000 — 1415 S St Andrews Place, Los Angeles, CA — photo 3 $1,825,000 — 1415 S St Andrews Place, Los Angeles, CA — photo 4 $1,825,000 — 1415 S St Andrews Place, Los Angeles, CA — photo 5
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About this property

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.

Property details

Bedrooms
12
Bathrooms
8
Square feet
9,268
Year built
1922
Property type
ResidentialIncome

Location

1415 S St Andrews Place • Los Angeles, CA 90019

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Listed by

Christophe Choo · Coldwell Banker Realty

Listing courtesy of Coldwell Banker Realty. Information deemed reliable but not guaranteed.

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