1649 S St Andrews Place, Los Angeles, CA 90019

About this property

We are pleased to present this 13 unit offering located in an excellent Western Heights location between Koreatown and Mid-City. The property has an excellent unit mix consisting of (10) 1 Bed/1 Bath, (1) 2 Bed/1Bath, and (2) Single units. Two of the units are newly constructed ADU's that include a single and a 1 Bed/1Bath, both of which have A/C, new appliances, and high-end finishes. The subject property sits on an 8,563square foot lot zoned LAR3 and was built in 1963.The building is well maintained and features on-site laundry and 9 parking spaces, 6 of which are covered spaces. There is NO soft story parking required. There is significant upside in rents (44%) making this an excellent value-add opportunity for an investor.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$2,360,000

Sold November 2023 · listed $2,400,000, on market October 2023 · MLS #23324351 · Source: CRMLS

Listing Agent: William James · Listing Office: Lyon Stahl Investment Real Estate, Inc. · Contact: 310-425-9838 · Bought with: Shawn Mehrannia · Home Team Realty

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