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406 S St Andrews Place Los Angeles, CA $ 2,790,000
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406 S St Andrews Place
$ 2,790,000
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406 S St Andrews Place

Los Angeles, CA, 90020
$ 2,790,000
Bedrooms27 Baths8.0 Sq 10,868

Monthly Estimate*

$ 17,406

Listed by Tony Azzi
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Multi-Family Home for sale in Los Angeles, CA

for $2,790,000 with 27 bedrooms and 8 full baths. This 10,868 square foot home was built in 1960 on a lot size of 0.207.

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 Active

Price

$ 2,790,000

Bedrooms

27

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.207

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25626247

Days on Market

28
Features
General
Living Area 10868
Zoning LAR4
Year Built 1960
Stories Count 2
Levels Two
Gross Income 310114
County Los Angeles
Net Operating Income 192051
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Conveniently located near the Wilshire/Western corridor in the heart of Koreatown. The property sits just south of Wilshire Blvd with easy access from surrounding major streets.
City Los Angeles
Senior Community Y/N false
Number Of Units Total 11
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 9015
Standard Status Active
Cap Rate 6.89
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 27
Total Baths 28
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Exterior
Parking Features Covered Uncovered
Total Parking 20
Lot Size Area 9015
Number of Buildings 1
Building Area Total 10868
Lot Size Acres 0.207
Lot Size Source Other
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* Excluded Features
List By
Tony Azzi

Broker

tazzi@theazzigroup.com

Email

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$17,406
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Monthly Principal & Interest
$17,406
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Default based on a 30-year fixed rate of 6.375% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/5/2025$2,790,000 Listed Price

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406 S St Andrews Place, Los Angeles, CA, 90020 is a Multi-Family Home for sale at $2,790,000 with 10,868 sqft and a lot size of 0.207. 406 S St Andrews Place has 27 bedrooms, 8.0 baths, and was built in 1960. The property's zip code is 90020 which is in Los Angeles, CA

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