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$4,400,000
21 bed
15,606 Sqft
8,490 Sqft lot

161 S St Andrews Place, Los Angeles, California 90004

  • Residential Income Property Type
  • 532 Days Time on market
  • $282 Price per sqft
  • 1971 Year Built
Property Description

*DO NOT DISTURB TENANTS. We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village – one of LA’s most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 60 percent remaining rental upside through interior renovations. As a result of the neighborhood’s charm and desirability, there is robust demand for housing and long-term rent growth. The asset’s location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity.

Basic Details
Residential Income
Buy
23232447
$4,400,000
21
15,606 Sqft
1971
8,490 Sqft
Active
Condos/Co-ops
Features
21
$0
Address
CA
Los Angeles
Los Angeles
90004
161 S St Andrews Place
161
Place
0
W119° 41' 18.1''
N34° 4' 16.7''
S
Additional Information
532
3
21
: Three Or More
15,606 Sqft
0 Sqft
0 Sqft
: Assessor
0.19 Sqft
8,490 Sqft
1
0 Sqft
LAR3
5516022023
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
13/01/2023 17:32:41
$4,550,000
: Standard
West of Western Ave between Beverly Blvd and W 3rd St.
Marcus & Millichap
Sean Rosenzweig
CLW-X7515101
CLW-C107850
$0
4.23
1
1
0
0
1
21
342840
US-06037-N-5516022023-R-N
14/01/2023 03:43:15
St Andrews
C18 - Hancock Park-Wilshire
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