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$1,990,000
Est. payment /mo
12 Beds
10 Baths
5,368 SqFt
UPDATED:
02/20/2025 01:27 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,368 sqft
Price per Sqft $370
MLS Listing ID 25497465
Bedrooms 12
HOA Y/N No
Year Built 1963
Lot Size 6,133 Sqft
Property Description
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, the installation of the water heater and the seismic retrofit have been recently completed and 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.
Location
State CA
County Los Angeles
Area C18 - Hancock Park-Wilshire
Zoning LAR3
Interior
Heating Central, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Wood
Fireplace No
Appliance Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Laundry Common Area
Exterior
Parking Features Assigned, Carport
Total Parking Spaces 5
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5081033002
Special Listing Condition Standard
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Listed by Hyun Jin IM • Epique Realty