Located in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles’ most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown’s renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown’s bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth.
Property Details
Price:
$4,895,000
MLS #:
25501039
Status:
Active
Baths:
0
Address:
839 S St Andrews Place
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Feb 20, 2025
State:
CA
ZIP:
90005
Lot Size:
7,506 sqft / 0.17 acres (approx)
Year Built:
1929
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Schools
Interior
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
4
Financial
Map
Community
- Address839 S St Andrews Place Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90005
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839 S St Andrews Place
Los Angeles, CA
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