1415 South St. Andrews Place, Los Angeles, CA 90019

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Status:Active

MLS #:5073-006-008

Price:$ 2,799,000

Beds:12

Baths:10 Baths (10 F)

Type:Multi-Family

Size:9,268 ft²

Lot Size:13,166 ft²

Features

Gated property in a desirable rental area and new developments
Compelling investment potential with upside on rents
Pride of ownership building.
4 two-bedroom units & 4 one - bedroom units
8 car garage and 7 additional parking spots.

Remarks

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.