161 S St Andrews Place Los Angeles, CA 90004
*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