$2,350,000

1415 S St Andrews Place, Los Angeles, CA 90019

  • 12 beds |
  • 8 baths |
  • 9,268 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1922
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon 8 car garage
  • Property Price Per Square Feet Icon $254/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.

Listing Status:
Active
Date Added:
July 7, 2025 at 05:00AM
Listing Office:
Coldwell Banker Realty : 310-777-6200
Listing Agent:
Christophe Choo : 310-777-6342
MLS ID:
25561443
  • Appliances: Gas OvenOvenRefrigeratorDryer
  • Flooring: CarpetTileVinylWood
  • A/C: Wall/Window Unit(s)
  • Heating: Natural GasWall Furnace
  • Fireplace: Dining RoomKitchenLiving RoomFireplace
  • General: None
  • Style: Traditional
  • Pool: None
  • Parking: AssignedControlled EntranceConcreteCoveredDrivewayElectric GateCommunity StructureShared DrivewayOn StreetUncoveredParking spaces: 16
  • Roofing: CompositionTile
  • General: Stucco1Raised
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR35073006008
  • View: None
  • Water: Public
  • Sewer: OtherSewer Tap Paid
  • Source: CRMLS_CL
  • Exclusions: All tenant owned appliances

This listing courtesy of Christophe Choo, Coldwell Banker Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Los Angeles Elementary

1211 S Hobart Blvd, Los Angeles, CA, 90006

Grades KG-5

0.41 miles away

P

Pico Pico Middle School

1512 Arlington Ave, Los Angeles, CA, 90019

Grades 6-8

0.30 miles away

J

Joseph Pomeroy Widney Career Preparatory and Transition Center

2302 S Gramercy Pl, Los Angeles, CA, 90018

Grades 11-12

0.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

1415 S St Andrews Place, Los Angeles, CA 90019
Multi-Family Home For Sale

$2,799,000

  • 12 bed |
  • 8 bath |
  • 9,268 sqft |
  • 0.3 acre lot
1415 S St Andrews Place Los Angeles, CA 90019

#23305307 - Coldwell Banker Realty