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$ 2,490,000
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Active
310 N St Andrews Place Los Angeles, CA 90004
6,216 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,216 sqft
Price per Sqft $400
MLS Listing ID CL25519469
HOA Y/N No
Year Built 1941
Lot Size 7,166 Sqft
Acres 0.16
Property Sub-Type Other
Property Description
Situated in the highly desirable Mid-Wilshire neighborhood, 310 N St Andrews Pl offers excellent cash flow (fully occupied), making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. The actual monthly rental income is $15,128. All 8 units are occupied by responsible tenants. The property offers an actual CAP rate of 5.06% and a GRM of 13.72. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Other
Fireplace No
Laundry No Hookups
Building
New Construction No
Others
Tax ID 5522032022
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Johnny Cho • Keller Williams Realty Los Feliz