406 S St Andrews Place Los Angeles, CA ^$ 3,799,000

406 S St Andrews Place

^$ 3,799,000

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406 S St Andrews Place

Los Angeles, CA, 90020

^$ 3,799,000

Bedrooms17 Baths18.0 Sq 10,868

Monthly Estimate*

^$ 26,537

Listed by Christie's AKG

406 S St Andrews Place, Los Angeles, CA 90020 - Image 1

406 S St Andrews Place, Los Angeles, CA 90020 - Image 2

406 S St Andrews Place, Los Angeles, CA 90020 - Image 3

406 S St Andrews Place, Los Angeles, CA 90020 - Image 4

406 S St Andrews Place, Los Angeles, CA 90020 - Image 5

406 S St Andrews Place, Los Angeles, CA 90020 - Image 6

406 S St Andrews Place, Los Angeles, CA 90020 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $3,799,000 with 17 bedrooms and 18 full baths. This 10,868 square foot home was built in 1960 on a lot size of 0.207.

Excellent Location! Situated in the vibrant heart of Korea Town, this property boasts an 11-unit Apartment Buildingthat faces the West and North directions. Positioned within Korea Town's premier rental market, there is significant potential for increased rental yields. The upgraded units showcase an inviting Open Floor Plan, flooded with naturallight, and boasting contemporary kitchen designs. Each unit includes a covered parking space and hassle-free access to a Gated Parking area. The property offers exceptional convenience, as its within easy walking distance of renowned restaurants, supermarkets, pharmacies, shops, schools, entertainment venues, and Metro Stations. Additionally, the building holds promising prospects and growth potential, with numerous trendy developments and constructions in progress nearby. This presents a remarkable opportunity for property value appreciation in the near future.

Multi-Family Active

Price

^$ 3,799,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.207

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23303561

Days on Market

255

Features

General

Heating Central

Cooling WallWindowUnits

Appliances Dishwasher

Zoning LAR4

Year Built 1960

Levels MultiSplit

Gross Income 296053.0

County Los Angeles

Net Operating Income 256178.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Please refer to google maps.

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 11

MLS Area C18 - Hancock Park-Wilshire

Lot Size Square Feet 9015.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name St Andrews

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 181

Standard Status Active

Cap Rate 6.1

Exterior

Parking Features Assigned Gated

Total Parking 20.0

Lot Size Area 9015.0

Number of Buildings 1

Spa N

Building Area Total 10868.0

Lot Size Acres 0.207

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 3

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Place

Total Bedrooms 17

Electric On Property Y/N N

Total Baths 18

Internal Only

Street Number 1 406

* Excluded Features

List By

Christie's Akg

Broker

(310) 871-6089

Phone

Affordability Calculator

$26,537

Per Month

Monthly Principal & Interest: $26,537
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,020,253

Percent of Sale Price 47%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/16/2024	$3,799,000	-7.23%	Price Down
9/27/2023	$4,095,000	-2.50%	Price Down
8/23/2023	$4,200,000		Listed Price

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406 S St Andrews Place, Los Angeles, CA, 90020 is a Multi-Family Home for sale at $3,799,000 with 10,868 sqft and a lot size of 0.207. 406 S St Andrews Place has 17 bedrooms, 18.0 baths, and was built in 1960. The property's zip code is 90020 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/3/2024. 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.

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406 S St Andrews Place

Multi-Family Home for sale in Los Angeles, CA

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