161 S St Andrews Pl

Los Angeles, CA, 90004

$5,500,000

$352 per ft²
$5,500,000
$352 per ft²
Active
Active
 - For Sale
beds
21 Beds
baths
21 Baths
carpenters-square
15,606 ft²
property_type
Multi-family
calendar
Built 1971
I am pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 70 Percent remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity.
MLS® ID:
23-232447
Listed:
1/12/23
Updated:
4/1/23
Keller Williams
Angela Bond
Mobile: (310) 666-5052Email: angela@homewithbond.com

Interior Features

Total Bedrooms
21
Total Bathrooms
21
Cooling
Other
Heating
Other

Exterior/Building Features

Lot Size
8,490 ft² lot
Exterior Features
None

Other Property Details

Garage
No
Parking
Controlled Entrance, Subterranean, Gated
Parking Total
21.0
View
N
County
Los Angeles
Pool
No
Total Stories
3
Zoning
LAR3

Property History

Date
Event
Price
Value
2/9/23
Price Change
$5,750,000
-4%
2/24/23
Price Change
$5,500,000
-4%

Courtesy of Marcus & Millichap, Sean Rosenzweig,
Listing Contact:  

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Angela Bond shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2023 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/1/23

Keller Williams
Angela Bond
Mobile: (310) 666-5052Email: angela@homewithbond.com
Contact