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686 S St Andrews Pl, Los Angeles, CA 90005
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686 S St Andrews Pl Los Angeles, CA 90005

$3,450,000 Sold Price as of 12/29/2020
  • 16 Beds
  • 16 Baths
  • 11,600 Sq.Ft.
Sold
$3,450,000 Sold Price as of 12/29/2020 Refinance Your Mortgage
Map preview of 686 S St Andrews Pl, Los Angeles, CA 90005

Property Overview: 686 S St Andrews Pl Los Angeles, CA has 16 bedrooms, 16 bathrooms, 11,600 living square feet and 10,107 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: JUST REDUCED $50,000! 686 S St Andrews Pl is a 16-unit value-add opportunity in the highly desirable Mid-Wilshire/Koreatown submarket. Built in 1957, this Postmodern Pop-style building underwent a facelift remodel in 1989. The 11,600 SF structure is situated on a 10,107 SF, LAR4-2 zoned lot w/ 14 garage parking spaces, communal courtyard + on-site laundry. Approx. 75% of the building's plumbing was upgraded to copper lines. It is separately metered for gas/electric. The 16(1+1) units vary in layout+design w/ select interiors featuring hardwood floors, original tiled bathrooms + stainless steel appliances. Required City of LA Seismic Retrofitting work has not yet been completed. The central location offers easy access to surrounding neighborhoods, including the revitalized West Adams. Close to the 10, 101 + 110 freeways. 2 blocks from the Wilshire/Western Metro Purple Station.

Listed by Matthew R. Kanner | BRE #01349203 | Keller Williams Realty Los Feliz
Last checked: 4 minutes ago | Last updated: January 24th, 2023 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
10,107
HOA Dues
$0/mo
Year built
1957
Garage
14 Car
Property Type:
Multi Family
Status
Sold
MLS#
20625312
City
Los Angeles
County
Los Angeles
Time on Site
1221 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $23,196
  • Pro Forma/Market Rent: $32,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.63
  • Gross Scheduled Income: --
  • Net Operating Income: $174,839
  • Gross Operating Income: $274,198
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 686 S St Andrews Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator, Oven, Range
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 14
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Garage, Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 16
  • Parcel Number: 5093005013
Location / Neighborhood
Location Information
  • Directions: Located in the highly desirable Mid-Wilshire/Koreatown submarket of Los Angeles, just south of Wilshire Boulevard and west of Western Avenue.
View more facts & features

Local Los Angeles Agent

Sale History for 686 S St Andrews Pl

Last sold for $3,450,000 on December 29th, 2020

  • December, 2020

  • Dec 31, 2020

    Date

    Sold

    CRMLS: 20625312

    $3,450,000

    Price

  • Nov 17, 2020

    Date

    Pending

    CRMLS: 20625312

    $3,850,000

    Price

  • Sep 26, 2020

    Date

    Price Change

    CRMLS: 20625312

    $3,850,000

    Price

  • Sep 10, 2020

    Date

    Active

    CRMLS: 20625312

    $3,900,000

    Price

  • December, 2020

  • Dec 29, 2020

    Date

    Sold (Public Records)

    Public Records

    $3,450,000

    Price

  • February, 2020

  • Feb 12, 2020

    Date

    Leased

    CRMLS: 19534274

    $1,645

    Price

  • Dec 3, 2019

    Date

    Active

    CRMLS: 19534274

    $1,645

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops.

  • July, 2019

  • Jul 17, 2019

    Date

    Leased

    CRMLS: 19483396

    $1,845

    Price

  • Jun 28, 2019

    Date

    Active

    CRMLS: 19483396

    $1,645

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops. Pictures are of a similar unit.

  • June, 2019

  • Jun 25, 2019

    Date

    Leased

    CRMLS: 19466858

    $1,645

    Price

  • Jun 12, 2019

    Date

    Price Change

    CRMLS: 19466858

    $1,645

    Price

  • May 30, 2019

    Date

    Price Change

    CRMLS: 19466858

    $1,675

    Price

  • May 15, 2019

    Date

    Active

    CRMLS: 19466858

    $1,695

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops. Pictures are of a similar unit.

  • September, 2018

  • Sep 6, 2018

    Date

    Leased

    CRMLS: 18369226

    $1,575

    Price

  • Jul 26, 2018

    Date

    Active

    CRMLS: 18369226

    $1,575

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops.

  • July, 2018

  • Jul 4, 2018

    Date

    Leased

    CRMLS: 18343704

    $1,575

    Price

  • Jun 14, 2018

    Date

    Price Change

    CRMLS: 18343704

    $1,575

    Price

  • May 14, 2018

    Date

    Active

    CRMLS: 18343704

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops.

  • September, 2017

  • Sep 13, 2017

    Date

    Leased

    CRMLS: 17265016

    $1,595

    Price

  • Aug 28, 2017

    Date

    Active

    CRMLS: 17265016

    $1,595

    Price

  • Listing provided courtesy of CRMLS

    This is a great one bedroom located just south of Wilshire by Koreatown. Full kitchen and bath and one parking space included. Walk to stores and shops.

  • September, 2000

  • Sep 7, 2000

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 686 S St Andrews Pl

Assessed Value (2020): $1,060,951
Year Land Value Improved Value Assessed Value
2020 $510,607 $550,344 $1,060,951

Home Value Compared to the Market

This property vs the competition

686 S St Andrews Pl sold on December 29, 2020 for 223.53% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $331.9 per/sqft which puts the price per square foot 56.04% lower than the current median sale per square foot for the city of Los Angeles.

About 686 S St Andrews Pl

Detailed summary of property

686 S St Andrews Pl is a multi family that recently sold in Los Angeles, CA 90005. This multi family property offered 16 bedrooms, 16 bathrooms, roughly 11,600 living square feet, and sits on an approximately 10,107 square foot lot. 686 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $3,450,000. 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 223.53% higher than the current median priced home. Local homes that are currently for sale include 1243 S Catalina St, 1930 S Oxford Ave and 444 N Lucerne Blvd. While the average home in Los Angeles, CA is selling in 94 days, 686 S St Andrews Pl has a days on market of 64 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 686 S St Andrews Pl Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 686 S St Andrews Pl

Public county record property details
Beds
16
Baths
16
Year built
1957
Sq. Ft.
11,600
Lot Size
10,106
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
64
APN
5093-005-013

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$835,000
Median List Price/Sq.Ft.
$665
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
35
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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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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