1649 St Andrews Place

Los Angeles, CA 90019

$2,360,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $315 / sqft

1963

calendar_month Built

Property Description

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 Information

Close Price $2,360,000
Close Date Wednesday, November 29th, 2023
Status Closed
MLS 23324351
Type Residential Income
Year Built 1963
Lot Size 8,744
Structure Size N/A
DOM 35
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent William James DRE#01734419
Co-Listing Agent Peter James DRE#01748556

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: William James, Peter James, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Dec 14th, 2023 at 1:09 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.