1649 S St Andrews Pl - Apartments FOR SALE
Los Angeles, CA 90019 |
1649 S St Andrews Pl
Los Angeles, CA 90019
HIGHLIGHTS
- Great Year One Cash Flow listed at a 5.58% cap rate with Upside to a proforma 8.83% cap rate
- 1963 Construction, 13 unit apartment including 2 Brand new ADU units completed in 2023
- 9 Individual Parking Spaces on-site (6) Covered and (3) Open | No Soft Story Parking Retrofit Required
- Excellent Unit Mix of (1) Two Bedroom / One Bath, (10) One Bedroom / One Bath, and (2) Studios
- Tremendous Potential with 44% Rental Upside
- Walk Score of 84 only Two Blocks from Retail Amenities on Western Blvd. Located in Prime Western Heights Submarket of Bordering Mid-city and Koreatown
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
1649 S St Andrews Pl
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
7616
STORIES
2
YEAR BUILT
1963
PARKING SPACES
9
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5073-015-012
