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Property Description

810 S. St. Andrews Pl is located just two blocks from the intersection of Wilshire Blvd and Western Ave, the heart of Koreatown. The property was built in 1932 and consists of 18 very large one bedroom, one bath units averaging 700sf. The building totals 15,260sf on a 6,875sf lot zoned R4. Currently the property is 100% occupied and there is approximately 35% upside in rents allowing a new investor the ability to increase cash flow with unit turn. The property includes a large basement area where the communal laundry facility and central water heater is located. There are 5 washers and 5 dryers provided income in excess of $5,000 a year. The property is master metered for gas and separately metered for electricity. With a walk score of 97 “Walker’s Paradise,” tenants are walking distance to some of Koreatown’s best restaurants and shops. Public transportation is ample with the Western Metro stop on the Purple line just two blocks away. Contact listing agents for offering memorandum.

Features
: Wall Furnace
: Wall/window Unit(s)
: City Lights
3
1
: Inside, Dryer Included, Washer Included, Community
0
Additional Information
Lyon Stahl Investment Real Estate, Inc.
0
CLW-X93306
CLW-X82195
William
5093002013
: Standard
Multi/Split
32

Multi-Family For Sale

810 St Andrews Place, Los Angeles, California 90005

15,260 Sqft
$4,100,000
Listing ID #24362335
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 24362335
Price : $4,100,000
Living Area : 15,260 Sqft
Lot Size : 6,877 Sqft
Year Built : 1932
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90005
Price Per Square Foot : $269
ModificationTimestamp : 2024-03-05 05:12:30
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