Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property’s appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside.
Property Details
Price:
$2,799,000
MLS #:
23305307
Status:
Active
Baths:
0
Address:
1415 S St Andrews Place
Type:
Residential Income
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Aug 28, 2023
State:
CA
ZIP:
90019
Lot Size:
13,166 sqft / 0.30 acres (approx)
Year Built:
1922
Schools
Interior
Appliances
Refrigerator, Gas Oven, Oven
Cooling
Wall/ Window Unit(s)
Fireplace Features
Dining Room, Living Room, Kitchen
Flooring
Carpet, Wood, Tile, Vinyl
Heating
Wall Furnace, Natural Gas
Exterior
Foundation Details
Raised
Garage Spaces
8.00
Parking Features
Assigned, Auto Driveway Gate, Community Structure, Controlled Entrance, Covered, Driveway, Shared Driveway, Uncovered, Street, Concrete
Parking Spots
16.00
Pool Features
None
Roof
Composition, Tile
Security Features
Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Sewer
Other, Sewer Paid
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas
Map
Contact Us
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Courtesy of Coldwell Banker Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1415 S St Andrews Place
Los Angeles, CA
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