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1415 S St Andrews Pl, Los Angeles, CA 90019
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1415 S St Andrews Pl Los Angeles, CA 90019

$2,799,000
  • 12 Beds
  • 10 Baths
  • 9,268 Sq.Ft.
For Sale
$2,799,000 Get Pre-Qualified
Map preview of 1415 S St Andrews Pl, Los Angeles, CA 90019

Property Overview: 1415 S St Andrews Pl Los Angeles, CA has 12 bedrooms, 10 bathrooms, 9,268 living square feet and 13,166 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Nestled within the sought-after 90019 zip code, this stunning, pride of ownership 8-unit building presents a rare opportunity to own a piece of timeless elegance in a vibrant and culturally rich neighborhood. Boasting a harmonious blend of classic architecture and modern conveniences, this property is perfectly poised to captivate discerning investors. This thoughtfully designed building features an ideal mix of floor plans, with 4 spacious two-bedroom units and 4 inviting one-bedroom units. Each unit has been meticulously maintained or remodeled to maximize comfort and functionality, offering residents a comfortable retreat that is both welcoming and stylish. For investors seeking an asset with both immediate and long-term potential, this building presents a compelling opportunity. The unit mix caters to a wide range of renters, ensuring a steady stream of income. The sought-after location and impeccable design further contribute to the property's appreciation potential. With a substantial 13,166 square foot lot and many newer developments in this area, this is also a terrific opportunity to build to suit. Below market rents with long term tenants with substantial rent upside.

Listed by Christophe Choo | BRE #01027350 | Coldwell Banker Realty
Last checked: 15 minutes ago | Last updated: January 20th, 2024 | Source CRMLS | DOM: 229
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Home details

Lot Sq. Ft
13,166
HOA Dues
$0/mo
Year built
1922
Garage
8 Car
Property Type:
Multi Family
Status
Active
MLS#
23305307
City
Los Angeles
County
Los Angeles
Time on Site
248 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $978
  • Total Rent: $978
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,392
  • Total Rent: $2,392
  • Pro Forma/Market Rent: $2,650
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $941
  • Total Rent: $941
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $954
  • Total Rent: $954
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,001
  • Total Rent: $1,001
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,965
  • Total Rent: $1,965
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,976
  • Total Rent: $1,976
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.3%
  • Gross Rent Multiplier: 20.26
  • Gross Scheduled Income: --
  • Net Operating Income: $92,842
  • Gross Operating Income: $138,111
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1415 S St Andrews Pl

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Property Details for 1415 S St Andrews Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas
Laundry Information
  • Has Laundry
  • Dryer Included
Fireplace Information
  • Has Fireplace
  • Dining Room, Living Room, Kitchen
Room Information
  • Flooring: Carpet, Wood, Tile, Vinyl
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Oven, Oven
Interior Features
  • Levels: One, Multi/Split
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Tile
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 8
  • # of Parking Spaces: 16
  • Has Parking
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Controlled Entrance, Covered, Driveway, Shared Driveway, Uncovered, Street, Concrete
Lot Information
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 8
  • Parcel Number: 5073006008
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other, Sewer Paid
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 1 block south of Pico, three blocks west of Western and 4 blocks east of Wilton Place
View more facts & features

Local Los Angeles Agent

Sale History for 1415 S St Andrews Pl

Last sold on October 16th, 2013

  • August, 2023

  • Aug 28, 2023

    Date

    Active

    CRMLS: 23305307

    $2,799,000

    Price

  • October, 2013

  • Oct 16, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • October, 2005

  • Oct 26, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,600,000

    Price

Show More

Tax History for 1415 S St Andrews Pl

Assessed Value (2020): $1,442,425
Year Land Value Improved Value Assessed Value
2020 $941,995 $500,430 $1,442,425

Home Value Compared to the Market

This property vs the competition

1415 S St Andrews Pl is listed 128.49% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $302.01 per/sqft which puts the price per square foot 60.98% lower than the median price per square foot for the city of Los Angeles.

About 1415 S St Andrews Pl

Detailed summary of property

1415 S St Andrews Pl is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 12 bedrooms, 10 bathrooms, roughly 9,268 living square feet, and sits on an approximately 13,166 square foot lot. 1415 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on August 29, 2023. The homeowner is currently asking $2,799,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 128.49% higher than the median priced home. Local competing homes currently for sale include 1250 5th Ave, 1121 5th Ave and 838 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 96 days, 1415 S St Andrews Pl has a days on market of 229 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1415 S St Andrews Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1415 S St Andrews Pl

Public county record property details
Beds
12
Baths
8
Year built
1922
Sq. Ft.
9,268
Lot Size
13,165
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
7
APN
5073-006-008

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,675,000
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
66
Median Sale to List Price %
95.58%
Avg Days on Market
21
Loan Type
Conventional (18.18%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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