127 S St Andrews Place Los Angeles, CA $ 4,490,000
127 S St Andrews Place
$ 4,490,000
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127 S St Andrews Place

Los Angeles, CA, 90004
$ 4,490,000
Bedrooms24 Baths16.0 Sq 14,520

Monthly Estimate*

$ 28,350

Listed by Urban Real Estate, Inc.
127 S St Andrews Place, Los Angeles, CA 90004 - Image 1
127 S St Andrews Place, Los Angeles, CA 90004 - Image 2
127 S St Andrews Place, Los Angeles, CA 90004 - Image 3
127 S St Andrews Place, Los Angeles, CA 90004 - Image 4
127 S St Andrews Place, Los Angeles, CA 90004 - Image 5
127 S St Andrews Place, Los Angeles, CA 90004 - Image 6
127 S St Andrews Place, Los Angeles, CA 90004 - Image 7

Multi-Family Home for sale in Los Angeles, CA

for $4,490,000 with 24 bedrooms and 16 full baths. This 14,520 square foot home was built in 1961 on a lot size of 0.3261.

100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line - with renter demand accelerating ahead of the 2028 LA Olympics!

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Multi-Family Active

Price

$ 4,490,000

Bedrooms

24

Full Bath

16

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3261

Year Built

1961

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26858349

Days on Market

2

Features
General
Living Area 14520
Heating Wall Furnace
Possession Close Of Escrow
Appliances Dishwasher Microwave Refrigerator
Zoning LAR3
Architectural Style Contemporary
Pool Features None
Security Features Gated Community
Year Built 1961
Tenant Pays Electricity Gas Water
Stories Count 2
Levels Two
Gross Income 394422
Community Features Gated
County Los Angeles
Net Operating Income 279389
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions From Wilshire Blvd head north on Western Ave turn left (west) onto Beverly Blvd then left (south) onto S St. Andrews Pl; property is located on the west side of the street mid-block between Beverly Blvd and 1st St.
City Los Angeles
Disclosures Trust/Conservatorship
Entry Location Main Level
Senior Community Y/N false
High School District Los Angeles Unified
Number Of Units Total 20
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 14205
Spa Features None
Property Attached Y/N true
Property Condition Updated/Remodeled
Standard Status Active
Cap Rate 6.22
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Interior
Flooring Laminate
Total Stories 0
Common Walls 1 Common Wall
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area
Total Bedrooms 24
Total Baths 24
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Exterior
Parking Features Assigned Covered Community Structure
Total Parking 23
Lot Size Area 14205
Number of Buildings 1
Spa false
Building Area Total 14520
Lot Dimensions 100x142
Lot Size Acres 0.3261
Private Pool false
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* Excluded Features
List By
Urban Real Estate, Inc.

Broker

kohyongsu@gmail.com

Email

Affordability Calculator

$28,350
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Monthly Principal & Interest
$28,350
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Default based on a 30-year fixed rate of 6.49% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/10/2026$4,490,000 Listed Price

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127 S St Andrews Place, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $4,490,000 with 14,520 sqft and a lot size of 0.3261. 127 S St Andrews Place has 24 bedrooms, 16.0 baths, and was built in 1961. The property's zip code is 90004 which is in Los Angeles, CA