Under Contract
161 S St Andrews Pl
Los Angeles CA, 90004
$4,550,000
$291.55 per sqft
Under Contract
21 Beds
15,606 sqft
Residential
Built in 1971
We are 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 60 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.
23-232447
MLSⓇ ID
January 13, 2023
Listed
April 12, 2024
Updated
Map
161 S St Andrews Pl
Los Angeles CA, 90004
Interior Features
Total Stories
3
Bedrooms
21 Beds
Appliances
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.19 Acres
Other Property Details
Area Name
Hancock Park-Wilshire
Days on Market
452
Garage
No
Parking
Controlled Entrance, Subterranean, Gated
Parking Total
21
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing History
Date | Event | Price |
|---|---|---|
4/9/2024 | Under Contract | — |
10/21/2023 | Price Change | $4,550,000 -9% |
10/21/2023 | Active | — |
9/19/2023 | Under Contract | — |
Listed by Sean Rosenzweig with Marcus & Millichap
Listing Contact: 310-513-3144
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Susan Smith shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 4/12/2024
