161 St Andrews Place

Los Angeles, CA 90004

$4,550,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $291 / sqft

1971

calendar_month Built

Property Description

We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 60 percent remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 161 St Andrews Place
City Los Angeles
State CA
Zip 90004
County Los Angeles
Listing Agent Sean Rosenzweig DRE#01406343
Courtesy Of Marcus & Millichap
MLS 23232447
List Price $4,550,000
Status Active Under Contract
Type Residential Income
Structure Size N/A
Lot Size 8,490
Year Built 1971
DOM 453

Exterior Information

Maps

Listing information courtesy of: Sean Rosenzweig, Marcus & Millichap . *Based on information from the Association of REALTORS/Multiple Listing as of Apr 9th, 2024 at 9:46 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.