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4371 S St Andrews Pl, Los Angeles, CA 90062
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4371 S St Andrews Pl Los Angeles, CA 90062

$675,000 Sold Price as of 09/29/2021
  • 6 Beds
  • 2 Baths
  • 1,544 Sq.Ft.
Sold
$675,000 Sold Price as of 09/29/2021 Refinance Your Mortgage
Map preview of 4371 S St Andrews Pl, Los Angeles, CA 90062

Property Overview: 4371 S St Andrews Pl Los Angeles, CA has 6 bedrooms, 2 bathrooms, 1,544 living square feet and 6,255 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit is currently vacant, but Seller is considering rental applicants. There are separate meters for gas and electricity to keep monthly expenses low. Buyer and buyer's agent to check with the City and rely on their own findings regarding bedroom-bathroom count, square footage, zoning and permitted and non-permitted rooms and usage. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection. Do not use ShowingsPlus.

Listed by Jerome McAlpin | BRE #00939725 | McAlpin & Company
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 134

Home details

Lot Sq. Ft
6,255
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21702260
City
Los Angeles
County
Los Angeles
Time on Site
1150 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,750
  • Total Rent: $2,750
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,250
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.65
  • Gross Scheduled Income: --
  • Net Operating Income: $42,000
  • Gross Operating Income: $60,000
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 4371 S St Andrews Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5022008001
  • Architectural Style: Contemporary
Location / Neighborhood
Location Information
  • Directions: West of Western, on the corner of Vernon and St. Andrews Place
View more facts & features

Local Los Angeles Agent

Sale History for 4371 S St Andrews Pl

Last sold for $675,000 on September 29th, 2021

  • July, 2021

  • Jul 22, 2021

    Date

    Pending

    CRMLS: 21702260

    $699,000

    Price

  • Mar 9, 2021

    Date

    Active

    CRMLS: 21702260

    $699,000

    Price

  • October, 2017

  • Oct 1, 2017

    Date

    Expired

    CRMLS: 17198572

    $495,000

    Price

  • Sep 25, 2017

    Date

    Active

    CRMLS: 17198572

    $495,000

    Price

  • Sep 22, 2017

    Date

    Pending

    CRMLS: 17198572

    $495,000

    Price

  • May 1, 2017

    Date

    Price Change

    CRMLS: 17198572

    $495,000

    Price

  • Mar 3, 2017

    Date

    Price Change

    CRMLS: 17198572

    $535,000

    Price

  • Feb 1, 2017

    Date

    Active

    CRMLS: 17198572

    $595,000

    Price

  • Listing provided courtesy of CRMLS

    We are proud to present this two unit investment opportunity in South Los Angeles. It is located west of Western Avenue on the corner of Vernon and St. Andrews Place. The complex consists of a four bedroom house and one attached one bedroom unit. The units will produce $3,220 per month when full and the one bedroom is currently vacant. This is a rare situation where it is a great opportunity for both an investor and an owner-user. The units were built in 1920 of wood frame construction. The property is situated on a 6,255 square foot, R4 lot. Separate meters and individual hot water heaters keep expenses low. May be possible to build up to 16 units (Buyer to check with the City to verify). Make offers subject to inspection. PLEASE DO NOT DISTURB TENANTS.

  • December, 1997

  • Dec 18, 1997

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • November, 1996

  • Nov 25, 1996

    Date

    Sold (Public Records)

    Public Records

    $19,900

    Price

Show More

Tax History for 4371 S St Andrews Pl

Assessed Value (2020): $232,295
Year Land Value Improved Value Assessed Value
2020 $163,805 $68,490 $232,295

Home Value Compared to the Market

This property vs the competition

4371 S St Andrews Pl sold on September 29, 2021 for 33.43% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $452.72 per/sqft which puts the price per square foot 38.66% lower than the current median sale per square foot for the city of Los Angeles.

About 4371 S St Andrews Pl

Detailed summary of property

4371 S St Andrews Pl is a multi family that recently sold in Los Angeles, CA 90062. This multi family property offered 6 bedrooms, 2 bathrooms, roughly 1,544 living square feet, and sits on an approximately 6,255 square foot lot. 4371 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on March 9, 2021. The homeowner sold the property for $675,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.43% lower than the current median priced home. Local homes that are currently for sale include 5739 S St. Andrews Pl, 3747 Ruthelen St and 1532 W 58th St. While the average home in Los Angeles, CA is selling in 96 days, 4371 S St Andrews Pl has a days on market of 134 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 4371 S St Andrews Pl Los Angeles, CA 90062 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4371 S St Andrews Pl

Public county record property details
Beds
5
Baths
2
Year built
1920
Sq. Ft.
1,544
Lot Size
6,255
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5022-008-001

The source for these homes facts are from public records.

90062 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,999
Median List Price/Sq.Ft.
$576
Median Sold Price
$760,000
Median Sold Price/Sq.Ft.
$553
Total Inventory
30
Median Sale to List Price %
85.49%
Avg Days on Market
49
Loan Type
Conventional (80%), FHA (20%), VA (0%), Cash (0%), Other (0%)

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Recently Sold Homes Near 4371 S St Andrews Pl

1745 W Vernon Ave, Los Angeles, CA 90062
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$700,000 Last Sold Price
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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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