1216 N St Andrews Pl - Multi-Family FOR SALE


Los Angeles, CA 90038- Hollywood
$720,000 USD
310-606-0192
1216 N St Andrews Pl, Los Angeles, CA for Sale
$720,000 USD
Multi-Family - FOR SALE
1/14
null | 3.64% Cap Rate

1216 N St Andrews Pl
Los Angeles, CA 90038
Hollywood


HIGHLIGHTS

  • Two 1-bedroom / 1-bathroom units
  • One unit fully renovated with designer finishes
  • Updated electrical panels
  • Hardwood flooring and abundant natural light throughout
  • Secure gated entry

OVERVIEW

Growth Investment Group is proud to present 1216 N St. Andrews Place. This well situated duplex is located in the newly designated St. Andrews Square Historic District in Hollywood, in the Greater Wilshire / Hancock Park corridor of Los Angeles. The property occupies a 2,677SF lot, with a building footprint totaling 1,214SF. An exceptional investment opportunity in the heart of Hollywood, this well-maintained duplex features two 1-bedroom units, one of which has been fully renovated with modern finishes and high-quality upgrades which includes an attached 2 car garage (tandem), which is a valuable amenity in this dense, historic neighborhood. The original structure dates to 1922, and one of the units previously underwent a full renovation, bringing updated finishes and systems while preserving period character. The property’s scale and configuration make it an attractive candidate for long term rental income, value add, or owner/investor occupancy. Situated in the heart of East Hollywood within the St. Andrews Square Historic District, this charming 1922 duplex offers a rare blend of historic character, modern updates, and unbeatable location. The property features two 1-bedroom, 1-bathroom units totaling 1,214 square feet on a 2,677 square foot lot, with one unit renovated in 2015 and the other maintaining its original charm. A standout feature is the detached garage — a valuable amenity in this dense, highly walkable neighborhood. Just blocks from Paramount Studios, Netflix Studios, and The Preserve LA creative campus, the home is also steps from popular local shops, cafés, and restaurants, and in close proximity to Griffith Park, Echo Park, Barnsdall Art Park, and major retailers like Target, Petco, Vons, and Marshalls. The area is experiencing sustained growth, with new multifamily developments and creative workspaces fueling strong demand. Flanked by the prestigious neighborhoods of Hancock Park, Windsor Square and Koreatown to the west and south, the property sits in a dynamic transitional zone between classic residential charm and vibrant urban density. Ideal for investors, owner-occupiers, or those seeking stable rental income, this property is a smart, stylish foothold in one of Los Angeles' most rapidly evolving cultural and creative corridors.

FOR SALE DETAILS

PRICE

$720,000 USD

PRICE/SF

$593 USD /SF

# OF UNITS

2

PRICE/UNIT

$360,000

CAP RATE

3.64%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

St Andrews Duplex - PRIME HOLLYWOOD

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,677 SF

ZONING

LAR3

APN/PARCEL ID

5536-003-010

ASK ABOUT THIS PROPERTY

Justin McCardleGrowth Investment Group CaliforniaMore Info
310-606-0192

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Justin McCardleGrowth Investment Group CaliforniaMore Info
310-606-0192

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.