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406 South St Andrews Place Los Angeles, CA $ 2,475,000
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$ 2,475,000 Get more info
406 South St Andrews Place
$ 2,475,000
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406 South St Andrews Place

Los Angeles, CA, 90020
$ 2,475,000
Baths0.0 Sq 10,868

Monthly Estimate*

$ 15,239

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,475,000. This 10,868 square foot home was built in 1960 on a lot size of 0.21.

406 S St Andrews Pl presents a lender-owned multifamily opportunity with seller financing available, offering investors enhanced leverage and flexible acquisition terms. Built in 1960, this 10,868 SF, 11-unit property sits on a 9,015 SF lot and features a well-balanced unit mix in the heart of Koreatown, one of Los Angeles' most supply-constrained rental submarkets. The asset offers stable in-place income with immediate upside through interior renovations and lease-up of current vacancies. The property benefits from rare on-site parking for Koreatown, on-site laundry, and separately metered gas and electric, driving operational efficiency. Located north of Wilshire Boulevard and west of Western Avenue, and within mile of the Wilshire/Western D Line Station, the asset is positioned for both strong long-term tenant demand and future redevelopment potential through ADUs or density bonus programs (buyer to verify). This is a highly executable value-add opportunity with multiple paths to grow NOI and long-term equity.

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Multi-Family Contingent

Price

$ 2,475,000

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

0025626247
Features
General
Living Area 10868.0
Zoning LAR4
Year Built 1960
Levels Two
County Los Angeles
Net Operating Income 208301.0
New Construction No
Property Type C
HOA No
Contingency Active Under Contract
Status Active Under Contract
City Los Angeles
Senior Community Y/N No
MLS Area HPK - Hancock Park
Lot Size Units Square Feet
Lot Size Square Feet 9015.0
Standard Status Active Under Contract
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Exterior
Parking Features Uncovered Covered
Lot Size Area 9015.0
Pool Y/N? Yes
Building Area Total 10868.0
Lot Size Acres 0.21
Land Lease Type Fee
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Interior
Total Stories 2
Total Baths 0
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* Excluded Features
List By
Tony Azzi

Listing Agent

Tony Azzi

Broker

Affordability Calculator

$15,239
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,239
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/17/2026$2,475,000 -11.29% Price Down
12/6/2025$2,790,000 Listed Price

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406 South St Andrews Place, Los Angeles, CA, 90020 is a Multi-Family Home for sale at $2,475,000 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

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