4805 S St Andrews Pl, Los Angeles, CA 90062
View Photos

4805 S St Andrews Pl Los Angeles, CA 90062

$1,195,000
  • 11 Beds
  • 5 Baths
  • 3,894 Sq.Ft.
For Sale
$1,195,000 Get Pre-Qualified

Map preview of 4805 S St Andrews Pl, Los Angeles, CA 90062

Property Overview: 4805 S St Andrews Pl Los Angeles, CA has 11 bedrooms, 5 bathrooms, 3,894 living square feet and 7,280 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: 6.3% Cap Rate. 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.

Listed by Keith Brennan | BRE #01214434 | Brennen Realty
Last checked: 5 minutes ago | Last updated: September 5th, 2024 | Source CRMLS | DOM: 21

Home details

Lot Sq. Ft
7,280
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24433751
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,495
  • Total Rent: $3,495
  • Pro Forma/Market Rent: $3,495
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,070
  • Total Rent: $1,070
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,113
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $1,995
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,595
  • Total Rent: $2,595
  • Pro Forma/Market Rent: $2,595
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,187
  • Total Rent: $1,187
  • Pro Forma/Market Rent: $1,995
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 10.53
  • Gross Scheduled Income: --
  • Net Operating Income: $75,353
  • Gross Operating Income: $110,114
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4805 S St Andrews Pl

No upcoming open houses

Schedule Tour
Loading...

Property Details for 4805 S St Andrews Pl

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Electric
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 5
  • Parcel Number: 5015005033
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: At the south west corner of 48th St. and S. St. Andrew Pl.
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 4805 S St Andrews Pl

Last sold for $850,000 on September 6th, 2019
  • August, 2024

  • Aug 28, 2024

    Date

    Active

    CRMLS: 24433751

    $1,195,000

    Price

  • August, 2024

  • Aug 1, 2024

    Date

    Withdrawn

    CRMLS: PV24158558

    $1,195,000

    Price

  • Aug 1, 2024

    Date

    Active

    CRMLS: PV24158558

    $1,195,000

    Price

  • Listing provided courtesy of CRMLS

    Five units (2 Two Bed/One Bath, 2 One Bedroom/One Bath, and 1 Three Bedroom/One Bath) located close to USC and the surrounding areas of Jefferson Park and West Adams. The property is a low maintenance building in a quiet residential area. There is onsite parking consisting of a lot with 4 spaces and a garage. The current cap rate is approximately 6.35% with a 10.5 GRM. The market cap rate is approximately 9.35% and with a 7.9 GRM. The tenants pay all utilities with the exception of water. There is a one bedroom ADU that is RTI with bids of $80K and $92K to build.

  • September, 2019

  • Sep 6, 2019

    Date

    Sold (Public Records)

    Public Records

    $850,000

    Price

  • April, 2004

  • Apr 7, 2004

    Date

    Sold (Public Records)

    Public Records

    $370,000

    Price

Show More

Tax History for 4805 S St Andrews Pl

Assessed Value (2020): $850,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $150,000 $850,000

Home Value Compared to the Market

This property vs the competition

4805 S St Andrews Pl is listed 0.42% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $306.88 per/sqft which puts the price per square foot 60.04% lower than the median price per square foot for the city of Los Angeles.

About 4805 S St Andrews Pl

Detailed summary of property

4805 S St Andrews Pl is a multi family located in Los Angeles, CA 90062 and is currently for sale. This multi family property offers 11 bedrooms, 5 bathrooms, roughly 3,894 living square feet, and sits on an approximately 7,280 square foot lot. 4805 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on August 30, 2024. The homeowner is currently asking $1,195,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0.42% lower than the median priced home. Local competing homes currently for sale include 2714 W 43rd Pl, 2722 W 43rd Pl and 3968 Arlington Ave. While the average home in Los Angeles, CA is selling in 106 days, 4805 S St Andrews Pl has a days on market of 21 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 4805 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 4805 S St Andrews Pl

Public county record property details
Beds
7
Baths
5
Year built
1950
Sq. Ft.
3,894
Lot Size
7,277
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5015-005-033

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
$850,000
Median List Price/Sq.Ft.
$557
Median Sold Price
$645,000
Median Sold Price/Sq.Ft.
$477
Total Inventory
42
Median Sale to List Price %
104.88%
Avg Days on Market
19
Loan Type
Conventional (12.5%), FHA (25%), VA (0%), Cash (37.5%), Other (12.5%)

Tour This Home


Image Description
Contact Jon
Los Angeles Agent

Call, Text or Message

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.