310 N St Andrews Pl, Los Angeles, CA 90004
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310 N St Andrews Pl, Los Angeles, CA 90004
310 N St Andrews Pl, Los Angeles, CA 90004
310 N St Andrews Pl, Los Angeles, CA 90004
310 N St Andrews Pl, Los Angeles, CA 90004
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Cristian Farias

Cristian Farias

Engel & Völkers

+1(619) 808-6567
$ 2,490,000
Est. payment /mo
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Active

310 N St Andrews Pl Los Angeles, CA 90004

10 Beds

8 Baths

6,216 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,216 sqft

Price per Sqft $400

MLS Listing ID 26841451

Style Other

Bedrooms 10

Year Built 1941

Lot Size 7,166 Sqft

Acres 0.1645

Property Sub-Type Multi-Family

Property Description

Situated in the highly desirable Mid-Wilshire neighborhood, 310 N. St. Andrews Place offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. One unit is vacant and 7 units are occupied by responsible tenants. The property offers a CAP rate of 5.11% and a GRM of 13.62. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Wall Unit(s), Window Unit(s)

Equipment Other

Laundry None

Exterior

Parking Features Garage - 4+ Car

Garage Spaces 7.0

Building

Story 2

Architectural Style Other

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty Los Feliz
Cristian Farias

Cristian Farias

Advisor

+1(619) 808-6567

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310 N St Andrews Pl