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947 S St Andrews Pl, Los Angeles, CA 90019
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947 S St Andrews Pl Los Angeles, CA 90019

$2,400,000
  • 11 Beds
  • 10 Baths
  • 5,368 Sq.Ft.
For Sale
$2,400,000 Get Pre-Qualified
Map preview of 947 S St Andrews Pl, Los Angeles, CA 90019

Property Overview: 947 S St Andrews Pl Los Angeles, CA has 11 bedrooms, 10 bathrooms, 5,368 living square feet and 6,132 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: We are delighted to present for sale a six-unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought-after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two-bedroom/two-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Amenities comprise an on-site laundry facility, on-site parking, and individual metering for electricity and gas. To provide further details, five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below-market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.

Listed by Hyun Jin IM | BRE #01989280 | eXp Realty of Greater Los Angeles
Last checked: 11 minutes ago | Last updated: March 26th, 2024 | Source CRMLS | DOM: 36
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Home details

Lot Sq. Ft
6,132
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24367099
City
Los Angeles
County
Los Angeles
Time on Site
44 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,288
  • Total Rent: $4,576
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,309
  • Total Rent: $2,309
  • Pro Forma/Market Rent: $2,700
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,273
  • Total Rent: $1,273
  • Pro Forma/Market Rent: $1,400
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,051
  • Total Rent: $1,051
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 16.38
  • Gross Scheduled Income: --
  • Net Operating Income: $101,829
  • Gross Operating Income: $143,613
  • Laundry Income: $1,500
Annual Expense Breakdown
  • Total Operating Expense: --
  • New Taxes: $23,383
  • Gardener: $840
  • Insurance: $3,797
  • Professional Management: $4,500
  • Water/Sewer: $6,468

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Property Details for 947 S St Andrews Pl

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Community
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Carport
Property Information
  • Total # of Units: 6
  • Parcel Number: 5081033002
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Olympic Blvd and West of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 947 S St Andrews Pl

Last leased for $3,050 on March 29th, 2024

  • April, 2024

  • Apr 15, 2024

    Date

    Active

    CRMLS: 24381249

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Discover Spacious convenience living in this 2-bedroom, 2-bathroom apartment nestled in the heart of Koreatown. Located on a tranquil street. this condominium-style unit offers comfort and convenience. Enjoy the two parking spaces, all with hardwood floors and AC in each room. The kitchen boasts granite countertops, perfect for culinary enthusiasts. With ample natural light, this bright and airy space provides a welcoming atmosphere for relaxation and entertainment. Don't miss the opportunity to make this stunning apartment your new home. Rent: $2500/month. We accept small pet friends. Trash and water included ; tenant responsible for electric and gas. Make this unit for your next home!!

  • March, 2024

  • Mar 29, 2024

    Date

    Leased

    CRMLS: 24368979

    $3,050

    Price

  • Mar 11, 2024

    Date

    Active

    CRMLS: 24368979

    $3,000

    Price

  • Listing provided courtesy of CRMLS

    Discover spacious convenience living in this enormous 3-bedroom, 2-bathroom apartment nestled in the heart of Koreatown. Located on a tranquil street, this condominium-style unit offers comfort and convenience. Enjoy the two parking spaces, all with hardwood floors and AC in each room. The kitchen boasts granite countertops, perfect for culinary enthusiasts. With ample natural light, this bright and airy space provides a welcoming atmosphere for relaxation and entertainment. Don't miss the opportunity to make this stunning apartment your new home. Rent: $3000/month. Trash and water included; tenant responsible for electric and gas.

  • March, 2024

  • Mar 11, 2024

    Date

    Active

    CRMLS: 24367099

    $2,100,000

    Price

  • October, 2023

  • Oct 5, 2023

    Date

    Canceled

    CRMLS: 23256817

    $2,450,000

    Price

  • Apr 1, 2023

    Date

    Active

    CRMLS: 23256817

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 5 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.This Apartment have 1 three bed two bath, 3 two bed two bath, 1 2bed 1bath, single.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.Do not disturbed tenants

  • April, 2023

  • Apr 1, 2023

    Date

    Expired

    CRMLS: 22171835

    $2,450,000

    Price

  • Jun 22, 2022

    Date

    Active

    CRMLS: 22171835

    $2,450,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 5 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.Do not disturbed tenants

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: 20540148

    $2,349,000

    Price

  • Feb 20, 2020

    Date

    Withdrawn

    CRMLS: 20540148

    $2,349,000

    Price

  • Feb 20, 2020

    Date

    Active

    CRMLS: 20540148

    $2,349,000

    Price

  • Feb 10, 2020

    Date

    Hold

    CRMLS: 20540148

    $2,349,000

    Price

  • Feb 8, 2020

    Date

    Active

    CRMLS: 20540148

    $2,349,000

    Price

  • Jan 29, 2020

    Date

    Hold

    CRMLS: 20540148

    $2,349,000

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: 20540148

    $2,349,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 3 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.Do not disturbed tenants

  • January, 2020

  • Jan 1, 2020

    Date

    Expired

    CRMLS: 19494574

    $2,349,000

    Price

  • Jul 30, 2019

    Date

    Active

    CRMLS: 19494574

    $2,349,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 3 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.Do not disturbed tenants

  • July, 2019

  • Jul 1, 2019

    Date

    Expired

    CRMLS: 19450144

    $2,290,000

    Price

  • Apr 4, 2019

    Date

    Active

    CRMLS: 19450144

    $2,290,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 3 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.

  • April, 2019

  • Apr 1, 2019

    Date

    Expired

    CRMLS: 18387318

    $2,290,000

    Price

  • Sep 17, 2018

    Date

    Active

    CRMLS: 18387318

    $2,290,000

    Price

  • Listing provided courtesy of CRMLS

    We are please to announce the sale of 947 s St Andrews pl 6 unit apartment. Five unit of the Six has been totally remodeled 3 years ago.With new custom kitchen cabinet and granite counter top and new bathroom, new hardwood floor and new air condition.Buyer and buyer's agent to verify and rely on their findings. This property is being "Sold As Is" with no warranty or liability to seller and brokers.

  • October, 2016

  • Oct 26, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,750,000

    Price

  • March, 2015

  • Mar 11, 2015

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

Show More

Tax History for 947 S St Andrews Pl

Assessed Value (2020): $1,857,113
Year Land Value Improved Value Assessed Value
2020 $1,392,835 $464,278 $1,857,113

Home Value Compared to the Market

This property vs the competition

947 S St Andrews Pl is listed 92.15% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $447.09 per/sqft which puts the price per square foot 42.09% lower than the median price per square foot for the city of Los Angeles.

About 947 S St Andrews Pl

Detailed summary of property

947 S St Andrews Pl is a multi family located in Los Angeles, CA 90019 and is currently for sale. This multi family property offers 11 bedrooms, 10 bathrooms, roughly 5,368 living square feet, and sits on an approximately 6,132 square foot lot. 947 S St Andrews Pl was first listed on ArdentRealEstateGroup.com on March 11, 2024. The homeowner is currently asking $2,400,000 and was originally asking $2,100,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 92.15% higher than the median priced home. Local competing homes currently for sale include 1145 S Kingsley Dr, 1121 5th Ave and 727 Crenshaw Blvd. While the average home in Los Angeles, CA is selling in 97 days, 947 S St Andrews Pl has a days on market of 36 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 947 S St Andrews Pl Los Angeles, CA 90019 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 947 S St Andrews Pl

Public county record property details
Beds
12
Baths
11
Year built
1963
Sq. Ft.
5,368
Lot Size
6,004
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
114
APN
5081-033-002

The source for these homes facts are from public records.

90019 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,599,800
Median List Price/Sq.Ft.
$696
Median Sold Price
$1,310,000
Median Sold Price/Sq.Ft.
$676
Total Inventory
58
Median Sale to List Price %
93.57%
Avg Days on Market
38
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (23.08%), Other (15.38%)

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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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