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$ 2,350,000
Est. payment /mo
Active
1415 S St Andrews Place Los Angeles, CA 90019
9,268 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,268 sqft
Price per Sqft $253
MLS Listing ID CL25561443
HOA Y/N No
Year Built 1922
Lot Size 0.302 Acres
Acres 0.3
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Natural Gas, Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Tile, Vinyl, Wood
Fireplace No
Appliance Dryer
Laundry Dryer
Exterior
Utilities Available Other Water/Sewer
View Y/N false
View None
Building
Water Other
New Construction No
Others
Tax ID 5073006008
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Listed by Christophe Choo • Coldwell Banker Realty