161 S St Andrews Pl

Los Angeles, CA, 90004

$6,000,000

$384 per ft²
$6,000,000
$384 per ft²
Active
Active
 - For Sale
beds
21 Beds
baths
21 Baths
carpenters-square
15,606 ft²
property_type
Multi-family
calendar
Built 1971
I am 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 70 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.
MLS® ID:
23-232447
Listed:
1/12/23
Updated:
1/27/23

Interior Features

Total Bedrooms
21
Total Bathrooms
21
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
8,490 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Controlled Entrance, Subterranean, Gated
Parking Total
21.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LAR3

Courtesy of Marcus & Millichap, Sean Rosenzweig,
Listing Contact:  

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©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 1/27/23

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