947 S St Andrews Place

Los Angeles, CA 90019

PRICE REDUCED

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-$150,000 (-6.38%)

$2,200,000

List Price

12

bed Beds

10

shower Baths

5,368 sqft

straighten / sqft

1963

calendar_month Built

Property Description

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.

Listing Information

List Price $2,200,000
Status Active
MLS 24420645
Type Residential Income
Year Built 1963
Lot Size 6,132
Structure Size 5,368
DOM 28
Courtesy Of Epique Realty
Listing Agent Hyun Jin IM DRE#01989280
Co-Listing Agent Eric Kim DRE#02132637

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 10
Flooring Information
Material Wood
Cooling Type
Cooling Type Central Air, Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Hyun Jin IM, Eric Kim, Epique Realty . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 26th, 2024 at 1:25 PM 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.