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:
Sep 29, 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
Microwave, Refrigerator, Dishwasher
Flooring
Laminate
Heating
Wall Furnace
Laundry Features
Community
Levels
Two
Exterior
Architectural Style
Contemporary
Common Walls
1 Common Wall
Parking Features
Covered, Assigned, Community Structure
Parking Spots
23
Parking Total
23
Security Features
Gated Community
Spa Features
None
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 Oct 28, 2026
5,820
Single Family Listed
94
Avg DOM
512
Avg $ / SqFt
$1,917,691
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 $512. The average listing price for Single Family in Los Angeles is $1,917,691.
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127 S St Andrews PL
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