702 S St Andrews Pl Los Angeles, CA 90005

$4,950,000 Sold Price as of 01/25/2019

8 Beds
16 Baths
10,082 Sq.Ft.

Off Market

$4,950,000 Sold Price as of 01/25/2019 Refinance Your Mortgage

Map preview of 702 S St Andrews Pl, Los Angeles, CA 90005

Property Overview: 702 S St Andrews Pl Los Angeles, CA has 8 bedrooms, 16 bathrooms, 10,082 living square feet and 9,352 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

702 S St Andrews Pl is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 702 S St Andrews Pl

Last sold for $4,950,000 on January 25th, 2019

January, 2019
Jan 25, 2019

Date

Sold

CRMLS: OC18217041

$4,950,000

Price
Dec 18, 2018

Date

Pending

CRMLS: OC18217041

$4,999,999

Price
Dec 11, 2018

Date

Active

CRMLS: OC18217041

$4,999,999

Price
Nov 26, 2018

Date

Active Under Contract

CRMLS: OC18217041

$4,999,999

Price
Nov 9, 2018

Date

Price Change

CRMLS: OC18217041

$4,999,999

Price
Oct 3, 2018

Date

Price Change

CRMLS: OC18217041

$5,000,000

Price
Sep 5, 2018

Date

Active

CRMLS: OC18217041

$5,095,000

Price
Listing provided courtesy of CRMLS

The Royce is a beautifully remodeled 16 unit apartment building that is located in trendy and dynamic Koreatown. All 16 units interiors, exteriors and common areas have been remodeled to condo quality. The complex has been re-branded with strategic exterior enhancements and details. Spacious and efficient floor plans with well-appointed living areas. The subject property consists of a two story wood frame apartment complex built in 1957 and completely renovated in 2017. Unit mix of 8 one bedroom one bath and 8 studios all with modern kitchens, stainless steel appliances, upgraded bathrooms with tiled bathrooms and luxury fixtures. New roof, windows, cabinets, laminate flooring, recessed lighting, new copper plumbing, quartz counter tops, landscaping and exterior paint. The building is walking distance to popular Koreatown shops, restaurants, and entertainment destinations. The Wilshire/Western Metro Station is two blocks away. Walk score of 94. Cap rate of 5.12%

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January, 2019
Jan 25, 2019

Date

Sold (Public Records)

Public Records

$4,950,000

Price
January, 2019
Jan 14, 2019

Date

Leased

CRMLS: SR19003068

$1,695

Price
Jan 12, 2019

Date

Pending

CRMLS: SR19003068

$1,695

Price
Jan 5, 2019

Date

Active

CRMLS: SR19003068

$1,695

Price
Listing provided courtesy of CRMLS

Look no further for great apartment living in Los Angeles, because you have found it at the ROYCE! Recently remodeled Studio apartment in hip and trendy Koreatown. Spacious Studios with air conditioning, custom tile in bathroom and kitchen, stainless steel appliances including refrigerator, hardwood flooring, new paint, street parking, recessed lighting, secure gated access, ample closets, storage space and shared laundry onsite. Close proximity to The Wiltern Theater, Wiltshire Center, dining, shopping, Metro and bus service. Immediate occupancy. Offered Furnished or Non Furnished. Pet Friendly! Monthly permitted parking offered at the Ramada, only 1 block away for a minimal fee. **Pics might be of unit or similar units in building**

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January, 2019
Jan 5, 2019

Date

Leased

CRMLS: SR19003052

$1,695

Price
Jan 5, 2019

Date

Withdrawn

CRMLS: SR19003052

$1,695

Price
Jan 5, 2019

Date

Active

CRMLS: SR19003052

$1,695

Price
Listing provided courtesy of CRMLS

Look no further for great apartment living in Los Angeles, because you have found it at the ROYCE! Recently remodeled Studio apartment in hip and trendy Koreatown. Spacious Studios with air conditioning, custom tile in bathroom and kitchen, stainless steel appliances including refrigerator, hardwood flooring, new paint, street parking, recessed lighting, secure gated access, ample closets, storage space and shared laundry onsite. Close proximity to The Wiltern Theater, Wiltshire Center, dining, shopping, Metro and bus service. Immediate occupancy. Offered Furnished or Non Furnished. Pet Friendly! Monthly permitted parking offered at the Ramada, only 1 block away for a minimal fee. **Pics might be of unit or similar units in building**

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December, 2018
Dec 1, 2018

Date

Expired

CRMLS: SR18256445

$1,695

Price
Oct 23, 2018

Date

Active

CRMLS: SR18256445

$1,695

Price
Listing provided courtesy of CRMLS

Look no further for great apartment living in Los Angeles, because you have found it at the ROYCE! Recently remodeled Studio apartment in hip and trendy Koreatown. Spacious Studios with air conditioning, custom tile in bathroom and kitchen, stainless steel appliances including refrigerator, hardwood flooring, new paint, street parking, recessed lighting, secure gated access, ample closets, storage space and shared laundry onsite. Close proximity to The Wiltern Theater, Wiltshire Center, dining, shopping, Metro and bus service. Immediate occupancy. Offered Furnished or Non Furnished. Pet Friendly! Monthly permitted parking offered at the Ramada, only 1 block away for a minimal fee. **Pics might be of unit or similar units in building**

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August, 2018
Aug 15, 2018

Date

Expired

CRMLS: 18346744

$5,275,000

Price
May 22, 2018

Date

Active

CRMLS: 18346744

$5,275,000

Price
Listing provided courtesy of CRMLS

702 S. St. Andrews Place is a fully renovated 16-unit investment opportunity located in the highly desirable Koreatown submarket. The Subject Property is a striking two-story structure that has recently undergone a full interior and exterior renovation in 2017. The Property has a total unit mix of eight one bedroom one bath units and eight studios, boasting open and spacious floor plans. All of the 16 units have been immaculately renovated with luxury modern finishes which include: new kitchen cabinets, modern countertops and backsplashes, stainless steel appliances, new laminate flooring, new bathtubs, new vanities, designer interior doors, modern closets with new interior systems, modern bathroom vanities and fixtures, and new AC units and heaters. Additionally, five of the units are equipped with in-unit washer and dryers. The exterior and building upgrades include a new roof, copper plumbing, electrical upgrades, landscaping with a drip system, and new exterior paint.

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June, 2018
Jun 14, 2018

Date

Canceled

CRMLS: OC18093748

$2,250

Price
Jun 13, 2018

Date

Withdrawn

CRMLS: OC18093748

$2,250

Price
Jun 4, 2018

Date

Price Change

CRMLS: OC18093748

$2,250

Price
Apr 23, 2018

Date

Active

CRMLS: OC18093748

$2,150

Price
Listing provided courtesy of CRMLS

Stunning apartment in Koretown. Spectacular recently remodeled apartment in hip and trendy Koreatown. Open floor plan 1 bedroom with air conditioning, custom tile in bathroom and kitchen, stainless steel appliances including refrigerator, hardwood flooring, new paint, garage parking, recessed lighting, secure gated access, ample closets, storage space and laundry onsite. Close proximity to The Wiltern Theater, Wiltshire Center, dining, shopping, Metro and bus service. Immediate occupancy. Walk score of 94. Comes with 2 parking spaces.

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June, 2018
Jun 14, 2018

Date

Canceled

CRMLS: OC18093843

$1,795

Price
Jun 13, 2018

Date

Withdrawn

CRMLS: OC18093843

$1,795

Price
Apr 23, 2018

Date

Active

CRMLS: OC18093843

$1,795

Price
Listing provided courtesy of CRMLS

Stunning apartment in Koretown. Spectacular recently remodeled apartment in hip and trendy Koreatown. Open floor plan Studio with air conditioning, custom tile in bathroom and kitchen, stainless steel appliances including refrigerator, hardwood flooring, new paint, street parking, recessed lighting, secure gated access, ample closets, storage space and laundry onsite. Close proximity to The Wiltern Theater, Wiltshire Center, dining, shopping, Metro and bus service. Immediate occupancy. Walk score of 94.

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March, 2017
Mar 2, 2017

Date

Sold (Public Records)

Public Records

$3,080,000

Price

Tax History for 702 S St Andrews Pl

Assessed Value (2020): $5,052,240

Year	Land Value	Improved Value	Assessed Value
2020	$3,029,400	$2,022,840	$5,052,240

About 702 S St Andrews Pl

Detailed summary of property

702 S St Andrews Pl is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90005 and last sold on January 25, 2019 for $4,950,000. This property has 8 bedrooms, 16 bathrooms, roughly 10,082 living square feet, and sits on an approximately 9,352 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 341.96% higher than the current median priced home. 702 S St Andrews Pl was last sold on January 25, 2019 for $4,950,000. Local nearby listings include 3785 Wilshire Blvd #1805, 3785 Wilshire Blvd #802 and 3785 Wilshire Blvd #1504. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 702 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 702 S St Andrews Pl

Public county record property details

Beds: 8
Baths: 16
Year built: 1957
Sq. Ft.: 10,082
Lot Size: 9,352
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 128
APN: 5093-004-033

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

$839,000

Median List Price/Sq.Ft.

$643

Median Sold Price

$695,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

92.79%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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