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1541 S St Andrews Pl, Los Angeles, CA 90019
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1541 S St Andrews Pl Los Angeles, CA 90019

$2,588,900 Sold Price as of 09/03/2020
  • 19 Beds
  • 13 Baths
  • -- Sq.Ft.
Sold
$2,588,900 Sold Price as of 09/03/2020 Refinance Your Mortgage
Map preview of 1541 S St Andrews Pl, Los Angeles, CA 90019

Property Overview: 1541 S St Andrews Pl Los Angeles, CA has 19 bedrooms, 13 bathrooms, -- living square feet and 13,143 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to exclusively present this three-story garden-style walk-up apartment building, located just south of Pico and west of Western in the City of Los Angeles. This on the rise submarket offers easy access to the 10 freeway and a short drive to Koreatown, Miracle Mile and DTLA.Originally built in 1969, this complex features both front and rear staircases connected by mostly exterior walkways. There is no elevator.The parking is gated with remote access. There are 10 open spaces and 6 covered for a total of 16 parking spaces. The building has gated entry with an intercom system. There's a laundry room with a washer and a dryer leased from Wash.The units are individually metered for both gas and electric. Gas wall heaters, galley kitchens with dual sinks, gas stovetop / ovens and laminate plank flooring. They are clean, but mostly original; Value-Add Opportunity. RE-DEVELOPMENT OPPORTUNITY: PROPERTY BACKS UP TO 1540 GRAMERCY PLACE, ALSO BEING SOLD BY THE SAME SELLER

Listed by David Kaufman | BRE #01217537 | David Ballin Kaufman
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 101

Home details

Lot Sq. Ft
13,143
HOA Dues
$0/mo
Year built
1969
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20556480
City
Los Angeles
County
Los Angeles
Time on Site
1235 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 13
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 7
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,296
  • Total Rent: $9,070
  • Pro Forma/Market Rent: $11,900
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,258
  • Total Rent: $7,548
  • Pro Forma/Market Rent: $12,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.17
  • Gross Scheduled Income: --
  • Net Operating Income: $111,101
  • Gross Operating Income: $196,162
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1541 S St Andrews Pl

Lot Details / Garage and Parking
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 13
  • Parcel Number: 5073007005
Location / Neighborhood
Location Information
  • Directions: Starting at Venice Blvd and S. Western Ave: Travel west on Venice, make a right on S. St. Andrews, the property will be on the left side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 1541 S St Andrews Pl

Last sold for $2,588,900 on September 3rd, 2020

  • September, 2020

  • Sep 8, 2020

    Date

    Sold

    CRMLS: 20556480

    $2,588,900

    Price

  • May 20, 2020

    Date

    Pending

    CRMLS: 20556480

    $2,850,000

    Price

  • Feb 24, 2020

    Date

    Active

    CRMLS: 20556480

    $2,850,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Sold (Public Records)

    Public Records

    $2,589,000

    Price

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Tax History for 1541 S St Andrews Pl

Assessed Value (2020): $292,984
Year Land Value Improved Value Assessed Value
2020 $58,033 $234,951 $292,984

Home Value Compared to the Market

This property vs the competition

1541 S St Andrews Pl sold on September 3, 2020 for 139.5% higher than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1541 S St Andrews Pl

Detailed summary of property

1541 S St Andrews Pl is a multi family that recently sold in Los Angeles, CA 90019. This multi family property offered 19 bedrooms, 13 bathrooms, roughly -- living square feet, and sits on an approximately 13,143 square foot lot. 1541 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $2,588,900. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 139.5% higher than the current median priced home. Local homes that are currently for sale include 913 S Wilton Pl, 1121 5th Ave and 838 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 95 days, 1541 S St Andrews Pl has a days on market of 101 days. There are currently 3751 homes for sale in the Los Angeles real estate market and 2535 of them are single family homes while 1119 of them are condos and 91 are townhomes. For more information on this home for sale at 1541 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 1541 S St Andrews Pl

Public county record property details
Beds
19
Baths
13
Year built
1969
Sq. Ft.
10,246
Lot Size
13,143
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5073-007-005

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.
$690
Median Sold Price
$1,620,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
67
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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Recently Sold Homes Near 1541 S St Andrews Pl

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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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