310 N St Andrews Place, Los Angeles, CA 90004
- $2,490,000
- 10
- BD
- 8
- BA
- 6,216
- SqFt
- List Price
- $2,490,000
- Status
- ACTIVE
- MLS#
- 26841451
- Year Built
- 1941
- Bedrooms
- 10
- Bathrooms
- 8
- Living Sq. Ft
- 6,216
- Lot Size
- 7,166
- Acres
- 0.16
- Days on Market
- 62
- Property Type
- Multifamily
- Style
- See Remarks
- Stories
- One Level
Property Description
Situated in the highly desirable Mid-Wilshire neighborhood, 310 N. St. Andrews Place offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. Two units recently became vacant and 6 units are occupied by responsible tenants. The property offers a CAP rate of 5.07% and a GRM of 13.70. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.
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Additional Information
- Heat
- Central
- Attached Structure
- Detached
- Number Of Units Total
- 8
Listing courtesy of Listing Agent: Johnny Cho (JohnnyCho@kw.com) from Listing Office: Keller Williams Realty Los Feliz.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.