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

Los Angeles, CA, 90020
$ 3,799,000
Baths0.0 Sq 10,868

Monthly Estimate*

$ 26,537

406 South St Andrews Place, Los Angeles, CA 90020 - Image 1
406 South St Andrews Place, Los Angeles, CA 90020 - Image 2
406 South St Andrews Place, Los Angeles, CA 90020 - Image 3
406 South St Andrews Place, Los Angeles, CA 90020 - Image 4
406 South St Andrews Place, Los Angeles, CA 90020 - Image 5
406 South St Andrews Place, Los Angeles, CA 90020 - Image 6
406 South St Andrews Place, Los Angeles, CA 90020 - Image 7
Studio

Multi-Family Home for sale in Los Angeles, CA

for $3,799,000. This 10,868 square foot home was built in 1960 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 3,799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.21

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023303561

Features
General
Heating Central
Cooling Wall/Window Unit(s)
Zoning LAR4
Year Built 1960
Levels Multi/Split
County Los Angeles
Net Operating Income 256178.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area HPK - Hancock Park
Lot Size Square Feet 9015.0
Street Name St Andrews
Standard Status Active
Buyer Agent Compensation Type %
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Interior
Kitchen Appliances Dishwasher
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Place
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 9015.0
Building Area Total 10868.0
Lot Size Acres 0.21
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded Features
List By
Dominic Kennedy

Listing Agent

Christie's Akg

Broker

Affordability Calculator

$26,537
Per Month
100%
0%
0%
Monthly Principal & Interest
$26,537
Monthly Property Taxes
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Monthly Home Insurance
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/16/2024$3,799,000 -7.23% Price Down
9/28/2023$4,095,000 -2.50% Price Down
8/23/2023$4,200,000 Listed Price

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406 South 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 0.21. 406 South St Andrews Place is a studio with 0.0 baths and was built in 1960. The property's zip code is 90020 which is in Los Angeles, CA