702 S St Andrews Place Los Angeles, CA 90005

$5,000,000
702 S St Andrews Place, Los Angeles, CA 90005
OC18217041

Apartment for sale in Los Angeles, CA

for $5,000,000. This apartment was built in 1957 on a lot size of 9352.00 Sqft..

Property Information

  • $5,000,000
  • Apartment
  • Contemporary
  • Active
  • Lot size of 9352.00 Sqft.
  • Built in 1957
  • Los Angeles, CA
  • Wilshire Neighborhood
  • Los Angeles County
  • MLS/Web ID is OC18217041

Description

The Royce is a beautifully remodeled 16 unit apartment building that is located in trendy and dynamic Koreatown. All 16 units interiors, exteriors and common areas have been remodeled to condo quality. The complex has been re-branded with strategic exterior enhancements and details. Spacious and efficient floor plans with well-appointed living areas. The subject property consists of a two story wood frame apartment complex built in 1957 and completely renovated in 2017. Unit mix of 8 one bedroom one bath and 8 studios all with modern kitchens, stainless steel appliances, upgraded bathrooms with tiled bathrooms and luxury fixtures. New roof, windows, cabinets, laminate flooring, recessed lighting, new copper plumbing, quartz counter tops, landscaping and exterior paint. The building is walking distance to popular Koreatown shops, restaurants, and entertainment destinations. The Wilshire/Western Metro Station is two blocks away. Walk score of 94. Cap rate of 5.12%

Room Information

  • Laundry Room

Interior 9

Appliances

  • Gas Oven
  • Gas Range
  • Other
  • Refrigerator

Building Amenities

  • Laundry

Cooling System

  • Other

Flooring

  • Laminate Flooring

Heating System

  • Other
  • Wall Unit

Interior

  • Recessed Lighting

Room Features

  • Individual Laundry

Sewer

  • Connection
  • Sewer Tap Paid

Water Source

  • Public Water

Exterior 8

Construction

  • Frame/Wood

Exterior

  • Double Paned Windows
  • Other Windows
  • Sprinkler

Fence

  • Chain Link
  • Fenced

Foundation

  • Concrete

Garage

  • 1-15 Spaces

Land Improvements

  • Sidewalks
  • Storm Drains
  • Street Lights

Parking

  • Assigned Parking
  • Parking

Roof

  • Composition

Miscellaneous 3

Location

  • Near Public Transportation
  • Urban
  • Walking Distance - Public Access

Other

  • Copper Plumbing

Utilities

  • Electric
  • Gas
  • Water

Rental 1

Tenant Pays

  • Electric
  • Gas

† Excluded Feature

Listed By

Broker: BERNAL CAPITAL GROUP

702 S St Andrews Place, Los Angeles, CA, 90005 is a Apartment for sale at $5,000,000 with a lot size of 9352.00 Sqft.. 702 S St Andrews Place has 0.0 baths and was built in 1957. The property's zip code is 90005 which is in Los Angeles, CA

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Pricing History

Date Price Price Change Description
10/4/2018 $5,000,000 -1.86 % Price Change
9/5/2018 $5,095,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $1,985,790 60 % below $910,000 82 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363