We are delighted to present for sale a six-unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought-after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two-bedroom/two-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Amenities comprise an on-site laundry facility, on-site parking, and individual metering for electricity and gas. To provide further details, the installation of the water heater and the seismic retrofit have been recently completed and five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below-market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.
Property Details
Price:
$1,990,000
MLS #:
25497465
Status:
Active
Baths:
0
Address:
947 S St Andrews Place
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Feb 12, 2025
State:
CA
ZIP:
90019
Lot Size:
6,132 sqft / 0.14 acres (approx)
Year Built:
1963
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Schools
Interior
Appliances
Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Wood
Heating
Wall Furnace, Central
Exterior
Parking Features
Carport, Assigned
Parking Spots
5.00
Stories Total
2
Financial
Map
Community
- Address947 S St Andrews Place Los Angeles CA
- AreaC18 – Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90019
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947 S St Andrews Place
Los Angeles, CA
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