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Property Description

Prime investment opportunity in the heart of LA’s vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA’s hottest growth corridors. Whether you’re seeking stable cash flow, redevelopment upside, or both this is a can’t-miss opportunity.

Features
: No
: natural gas, Wall Furnace
: Wall/window Unit(s)
: No
2
: Dryer Included
0
: Traditional
Additional Information
Coldwell Banker Realty
0
CLW-L13991
CLW-B2000101
Christophe
: Workout Set Up In Garage And Tv Entertainment Center
5073006008
: Standard
8
One,Two
32

Multi-Family For Sale

1415 St Andrews Place, Los Angeles, California 90019

9,268 Sqft
$2,350,000
Listing ID #25561443
Basic Details
Status : Active
DaysOnMarket : 8
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25561443
Price : $2,350,000
Living Area : 9,268 Sqft
Lot Size : 13,166 Sqft
Year Built : 1922
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90019
Price Per Square Foot : $254
ModificationTimestamp : 2025-07-15 05:23:34
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