1645 S St Andrews Place Los Angeles, CA $ 1,900,000
1645 S St Andrews Place
$ 1,900,000
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1645 S St Andrews Place

Los Angeles, CA, 90019
$ 1,900,000
Bedrooms8 Baths7.0 Sq 6,827

Monthly Estimate*

$ 13,123

Listed by Taylor Avakian, Lyon Stahl Investment Real Estate, Inc., taylor@lyonstahl.com
1645 S St Andrews Place, Los Angeles, CA 90019 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,900,000 with 8 bedrooms and 7 full baths. This 6,827 square foot home was built on a lot size of 0.2089.

1645 S St Andrews Pl | 13-Unit Value-Add Multifamily, Mid-City Los Angeles. 1960-built asset totaling 6,827 SF on a 9,277 SF LAR3 lot, one block west of Western Avenue with Koreatown to the north and quick access to the I-10 and the Metro E Line's Expo/Western station. The property features (7) studios averaging 410 SF, (4) 1BR/1BA units averaging 600 SF, and (2) 2BR/1BA units averaging 765 SF, plus 10 on-site parking spaces. Twelve of 13 units are occupied, with in-place rents averaging $1,299 against $1,820 at market a 40% gap and one studio delivered vacant for immediate lease-up. Offered at $1,900,000 ($146,154/unit | $278.31/SF) with a 5.52% current cap rate, the real story is turnover RSO units that reset to market at each vacancy, a 9.42% pro forma cap with no capital program assumed, and pricing 7% below the average of six recent comparable sales.

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Multi-Family Active

Price

$ 1,900,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2089

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26102021

Days on Market

16

Features
General
Living Area 6827
Heating None
Cooling None
Zoning LAR3
Levels Multi/Split
Gross Income 202695
County Los Angeles
Net Operating Income 104807
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Near the corner of S St Andrews Pl and W 18th St
City Los Angeles
Senior Community Y/N false
Number Of Units Total 13
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 9101
Standard Status Active
Cap Rate 6.31
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Interior
Total Stories 0
Air Conditioning Y/N false
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 8
Total Baths 13
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Exterior
Parking Features Driveway Down Slope From Street
Total Parking 10
Lot Size Area 9101
Number of Buildings 1
Building Area Total 6827
Lot Dimensions 52x178
Lot Size Acres 0.2089
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* Excluded Features
List By
Taylor Avakian

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

taylor@lyonstahl.com

Email

Affordability Calculator

$13,123
Per Month
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Monthly Principal & Interest
$13,123
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Default based on a 30-year fixed rate of 7.375% 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
10/14/2026$1,900,000 11.76% Price Up
10/14/2026$1,700,000 Listed Price

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1645 S St Andrews Place, Los Angeles, CA, 90019 is a Multi-Family Home for sale at $1,900,000 with 6,827 sqft and a lot size of 0.2089. 1645 S St Andrews Place has 8 bedrooms and 7.0 baths. The property's zip code is 90019 which is in Los Angeles, CA