100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line – with renter demand accelerating ahead of the 2028 LA Olympics!
Property Details
Price:
$4,490,000
MLS #:
26858349
Status:
Active
Beds:
24
Baths:
24
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Jul 10, 2026
Finished Sq Ft:
14,520
Total Sq Ft:
14,520
Lot Size:
14,205 sqft / 0.33 acres (approx)
Year Built:
1961
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Appliances
DW, MW, RF
Flooring
LAM
Heating
WL
Laundry Features
CM
Levels
U
Exterior
Architectural Style
CNT
Common Walls
_1CW
Parking Spots
23
Parking Total
23
Security Features
GC
Spa Features
NO
Financial
Map
Community
- Address127 S St Andrews PL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Jul 17, 2026
7,415
Single Family Listed
83
Avg DOM
436
Avg $ / SqFt
$1,654,681
Avg List Price
Property Summary
- 127 S St Andrews PL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $4,490,000 and features 24 beds, 24 baths, and has approximately 14,520 square feet of living space, and was originally constructed in 1961. The current price per square foot is $309. The average price per square foot for Single Family listings in Los Angeles is $436. The average listing price for Single Family in Los Angeles is $1,654,681.
Similar Listings Nearby
Courtesy of Urban Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.127 S St Andrews PL
Los Angeles, CA