127 S St Andrews Place
Los Angeles, CA 90004
24
Bed
24
Bath
14,520Sqft
14,205Sqft(Lot)
100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line - with renter demand accelerating ahead of the 2028 LA Olympics!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 24Bathroom Information
Total Baths: 24Flooring Information
Laminate -
Interior Features
Appliances: Dishwasher, Microwave, RefrigeratorLaundry Features: CommonArea -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1961Building Area Total: 14520Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Dimensions: 100x142 Main Square Feet: 14205 Lot Size Acres: 0.3261 Lot Size Square Feet: 14,205
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Listing Price Information
Listing Price: $4490000
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Tax Information
Parcel Number: 5516022017
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Virtual Tour
Parking Information
Parking Total: 23 Assigned, Covered, CommunityStructure
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Location Information
Direction: From Wilshire Blvd, head north on Western Ave, turn left (west) onto Beverly Blvd, then left (south) onto S St. Andrews Pl; property is located on the west side of the street, mid-block between Beverly Blvd and 1st St. Security Features: GatedCommunity
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 211 S Hoover Street, Los Angeles, CA, 90004 | $2,750,000 | 3 | 3 | 6,448 | 7,988 Sq. Ft |
| 548 N Kenmore, Los Angeles, CA, 90004 | $1,595,000 | 8 | 4 | -- | 9,602 Sq. Ft |
| 4214 Rosewood, Los Angeles, CA, 90004 | $1,399,000 | 10 | 4 | -- | 6,475 Sq. Ft |
| 616 N Mariposa Ave Avenue, Los Angeles, CA, 90004 | $3,065,000 | 12 | 16 | -- | 7,124 Sq. Ft |
| 109 S Catalina Street, Los Angeles, CA, 90004 | $1,600,000 | 8 | 4 | 5,540 | 8,529 Sq. Ft |
| 328 N Mariposa, Los Angeles, CA, 90004 | $1,350,000 | 8 | 4 | -- | 8,405 Sq. Ft |
| 422 Normandie Place, Los Angeles, CA, 90004 | $750,000 | 5 | 3 | -- | 4,346 Sq. Ft |
| 422 Normandie Place, Los Angeles, CA, 90004 | $750,000 | 5 | 3 | 1,538 | 4,346 Sq. Ft |
| 4115 Council Street, Los Angeles, CA, 90004 | $949,900 | 4 | 2 | -- | 6,107 Sq. Ft |
| 4452 Rosewood Avenue, Los Angeles, CA, 90004 | $775,000 | 2 | 2 | 1,624 | 4,618 Sq. Ft |
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ByOwner last updated this listing 10/04/2026 @ 06:22
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