$4,400,000
Active
450 Days Online
21 Beds21 Baths15,606 SQFT
Active

161 S St Andrews Place Los Angeles, CA 90004

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*DO NOT DISTURB TENANTS. We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8, 490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 60 percent remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site449 Days
  • MLS StatusActive
  • MLS ID Number23232447
  • Home Size Source Assessor
  • Year Built1971
  • Lot Size0.1949 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Controlled EntranceSubterraneanGated
  • Parking Spaces 21
  • Number of Stories Three Or More3
  • Acreage 0.1949
  • Zoning LAR3
  • Listing Conditions Standard

Community Features

  • Senior Community No
  • MLS Area C18 - Hancock Park-Wilshire

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Monthly Payment (Est.)

$23,112
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