133 S St Andrews Pl Los Angeles, CA 90004
Listing Courtesy of: Combined L.A. Westside (CLAW) / Hancock Park / Hong Chul Park
$3,500,000
9
BED
8
BATH
5,980
SQFT

  133 S St Andrews Pl Los Angeles, CA 90004

Active (56 Days)

Description

4% CURRENT CAP RATE, FULLY RENOVATED MARKET RATE 8 UNIT SPANISH COLONIAL ARCHITECTURE WITH EVEN HIGHER UPSIDE POTENTIAL ON R3 TOC TIER 2 LOT 133 S St Andrew is a gorgeous Spanish Colonial architecture originally constructed in 1924 which consists of a unit mix of 1 great sized Two Bedrooms, 4 large One bedrooms, and 3 spacious Studios. Every unit features generous floor plans, an in-unit washer and dryer, a brand new kitchen, a designer-done bathroom, new hardwood flooring, and fresh coat of paint. Boasting almost 6,000 SF of living space, sitting on a tranquil tree-lined street within walking distance to Larchmont Village, this is an incomparable acquisition chance for a stabilized asset with immediate value-add potential. There is approximately 400 SF of storage space in the back structure which can be converted into ADU as a 9th unit. Not only as a value add, but this property also has tremendous potential to build up to a whopping 14 unit apartment complex on this single lot thanks to the TOC Tier 2 R3 Zoned lot. Conveniently located in the strong rental market in the Mid-Wilshire district of Larchmont Village, steps away from Wiltern Theatre, shops, bars, and entertainment venues on bustling Western Ave boasting a Walk Score of 97, a Walker's Paradise. With Purple Line station completion a few blocks south, this is one of the rare opportunities to grab a solid income property with tremendous potential.

MLS #:
22-168213
Lot Size
7,100 SQFT
Type
Multifamily
Year Built
1924
County
Los Angeles County
Bathroom Details
Heating and Cooling
  • None
Basement Information
  • No
Parking
  • Parking Garage: Other
Stories
  • 2
Living Area
  • 5,980 sqft
Location
   
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Coldwell Banker Realty and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.