Los Angeles, CA 90004,310 N St Andrews Pl
Los Angeles, CA 90004,310 N St Andrews Pl
Los Angeles, CA 90004,310 N St Andrews Pl
28
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$2,490,000
Est. payment /mo
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10 Beds
8 Baths
6,216 SqFt
Active

310 N St Andrews Pl Los Angeles, CA 90004

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,216 sqft

Price per Sqft $400

MLS Listing ID 25519469

Style Other

Bedrooms 10

Year Built 1941

Lot Size 7,166 Sqft

Acres 0.1645

Property Sub-Type Multi-Family

Property Description

Situated in the highly desirable Mid-Wilshire neighborhood, 310 N St Andrews Pl offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. The projected monthly rental income is $15,128. One of the ADU units & a 2 bedroom unit (upper unit) are currently vacant, and the rest of the building is occupied by responsible tenants. The property offers a projected CAP rate of 5.06% and a GRM of 13.72. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Central

Cooling Wall Unit(s), Window Unit(s)

Equipment Other

Laundry None

Exterior

Parking Features Garage - 4+ Car

Garage Spaces 7.0

Building

Story 2

Architectural Style Other

Level or Stories One

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Keller Williams Realty Los Feliz

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agent

Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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310 N St Andrews Pl