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

$4,100,000
  • 18 Beds
  • 18 Baths
  • 15,260 Sq.Ft.
For Sale
$4,100,000 Get Pre-Qualified
Map preview of 810 S St Andrews Pl, Los Angeles, CA 90005

Property Overview: 810 S St Andrews Pl Los Angeles, CA has 18 bedrooms, 18 bathrooms, 15,260 living square feet and 6,877 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: 810 S. St. Andrews Pl is located just two blocks from the intersection of Wilshire Blvd and Western Ave, the heart of Koreatown. The property was built in 1932 and consists of 18 very large one bedroom, one bath units averaging 700sf. The building totals 15,260sf on a 6,875sf lot zoned R4. Currently the property is 100% occupied and there is approximately 35% upside in rents allowing a new investor the ability to increase cash flow with unit turn. The property includes a large basement area where the communal laundry facility and central water heater is located. There are 5 washers and 5 dryers provided income in excess of $5,000 a year. The property is master metered for gas and separately metered for electricity. With a walk score of 97 "Walker's Paradise," tenants are walking distance to some of Koreatown's best restaurants and shops. Public transportation is ample with the Western Metro stop on the Purple line just two blocks away. Contact listing agents for offering memorandum.

Listed by William James | BRE #01734419 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Peter James | BRE #01748556 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 14 minutes ago | Last updated: March 5th, 2024 | Source CRMLS | DOM: 55
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Home details

Lot Sq. Ft
6,877
HOA Dues
$0/mo
Year built
1932
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24362335
City
Los Angeles
County
Los Angeles
Time on Site
67 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 18
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 18
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,592
  • Total Rent: $28,662
  • Pro Forma/Market Rent: $38,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.85%
  • Gross Rent Multiplier: 11.92
  • Gross Scheduled Income: --
  • Net Operating Income: $198,805
  • Gross Operating Income: $338,571
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 810 S St Andrews Pl

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Property Details for 810 S St Andrews Pl

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Community, Inside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator, Range
Interior Features
  • Levels: Multi/Split
  • Window Features: Skylight(s)
  • Security Features: Card/Code Access
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Site
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 18
  • Parcel Number: 5093002013
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Exit Western Ave headed North. Turn West on W. 8th St and South on St. Andrews Pl. Property is located on the East side of the street.
View more facts & features

Local Los Angeles Agent

Sale History for 810 S St Andrews Pl

Last sold on May 8th, 2013

  • February, 2024

  • Feb 26, 2024

    Date

    Active

    CRMLS: 24362335

    $4,100,000

    Price

  • November, 2022

  • Nov 9, 2022

    Date

    Canceled

    CRMLS: 21107176

    $4,500,000

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21107176

    $4,600,000

    Price

  • Listing provided courtesy of CRMLS

    Matthews Real Estate Investment Services proud to present this 18-unit multifamily property located at 810 South Saint Andrews Place in the heart of Koreatown submarket, 90005 zip code. Originally built in 1932, the three-story masonry property consists of eighteen (18) large one-bedroom and one-bathroom units averaging 800 square feet. The 15,260 square foot property offers copper plumbing through, recently added waste lines, and a roof that's 10 years old. This property is zoned LAR4 and lot measures 6,875 square feet. Situated just South of 8th Street and two blocks west of Western Avenue, the property is in close proximity to many restaurants, cafes, coffee shops, boutique sand night life. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Hancock Park, Hollywood and Downtown and Chinatown. Additionally, the building is conveniently located near the 110, 101 and 10 Freeways. This area in Koreatown Los Angeles is extremely desirable and entertainment hub with major production studios in close proximity.

  • November, 2021

  • Nov 1, 2021

    Date

    Active

    CRMLS: 21103077

    $4,600,000

    Price

  • Listing provided courtesy of CRMLS

    Matthews Real Estate Investment Services proud to present this 18-unit multifamily property located at 810 South Saint Andrews Place in the heart of Koreatown submarket, 90005 zip code. Originally built in 1932, the three-story masonry property consists of eighteen (18) large one-bedroom and one-bathroom units averaging 800 square feet. The 15,260 square foot property offers copper plumbing through, recently added waste lines, and a roof that's 10 years old. This property is zoned LAR4 and lot measures 6,875 square feet. Situated just South of 8th Street and two blocks west of Western Avenue, the property is in close proximity to many restaurants, cafes, coffee shops, boutique sand night life. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Hancock Park, Hollywood and Downtown and Chinatown. Additionally, the building is conveniently located near the 110, 101 and 10 Freeways. This area in Koreatown Los Angeles is extremely desirable and entertainment hub with major production studios in close proximity.

  • June, 2018

  • Jun 13, 2018

    Date

    Canceled

    CRMLS: 18347334

    $4,200,000

    Price

  • May 24, 2018

    Date

    Active

    CRMLS: 18347334

    $4,200,000

    Price

  • Listing provided courtesy of CRMLS

    -Located in Prime Koreatown -Significant Rental Upside -All One Bedroom Units -Located within Walking Distance to the Metro Station and Some of Koreatown's Most Popular Shops and Restaurants -Copper Plumbing, New Waste Lines, Approximate 8-Year Old Roof -94 Walk Score - Walker's Paradise - Daily Errands Do Not Require a Car

  • May, 2013

  • May 8, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2009

  • Aug 10, 2009

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 810 S St Andrews Pl

Assessed Value (2020): $1,186,148
Year Land Value Improved Value Assessed Value
2020 $420,043 $766,105 $1,186,148

Home Value Compared to the Market

This property vs the competition

810 S St Andrews Pl is listed 234.69% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $268.68 per/sqft which puts the price per square foot 65.29% lower than the median price per square foot for the city of Los Angeles.

About 810 S St Andrews Pl

Detailed summary of property

810 S St Andrews Pl is a multi family located in Los Angeles, CA 90005 and is currently for sale. This multi family property offers 18 bedrooms, 18 bathrooms, roughly 15,260 living square feet, and sits on an approximately 6,877 square foot lot. 810 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $4,100,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 234.69% higher than the median priced home. Local competing homes currently for sale include 1819 S Gramercy Pl, 204 N Manhattan Pl and 204 N Manhattan Pl. While the average home in Los Angeles, CA is selling in 96 days, 810 S St Andrews Pl has a days on market of 55 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 810 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 810 S St Andrews Pl

Public county record property details
Beds
18
Baths
18
Year built
1932
Sq. Ft.
15,260
Lot Size
6,875
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
14
APN
5093-002-013

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.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
29
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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