1415 S St Andrews Place, Los Angeles, CA 90019
1415 S St Andrews Place, Los Angeles, CA 90019
1415 S St Andrews Place, Los Angeles, CA 90019
1415 S St Andrews Place, Los Angeles, CA 90019
1415 S St Andrews Place, Los Angeles, CA 90019
1415 S St Andrews Place, Los Angeles, CA 90019
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$ 1,825,000
Est. payment | /mo

9,268 SqFt


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$ 1,825,000
Est. payment | /mo
Save

9,268 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,268 sqft

Price per Sqft $196

MLS Listing ID CL26833875

HOA Y/N No

Year Built 1922

Lot Size 0.302 Acres

Acres 0.3022

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, Laminate, Tile, Vinyl, Wood

Fireplace No

Appliance Dryer

Laundry Dryer

Exterior

View Y/N false

View None

Building

Lot Description Other

Water Other, Public

New Construction No

Others

Tax ID 5073006008

Bridge MLS
Listed by Christophe Choo • Coldwell Banker Realty

Nearby Locations

Nicole Tscherneff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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1415 S St Andrews Place