310 N St Andrews Place, Los Angeles, CA 90004

$2,490,000 Approx. USD 10 beds, 8 baths
6,216 sqft

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Photo of Jacqueline Alcaraz

Marketed By Jacqueline Alcaraz REALTOR® - Sales Associate 619-616-8550 m
626-440-5100 o
Lic#: 02204293
NRDS ID: 214014709
JacquelineAlcaraz@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120

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Agent Remarks

Situated in the highly desirable Mid-Wilshire neighborhood, 310 N. St. Andrews Place 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. One unit is vacant and 7 units are occupied by responsible tenants. The property offers a CAP rate of 5.11% and a GRM of 13.62. 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.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26841451

Price: $2,490,000

Beds: 10

Baths: 8

Built in 1941

6,216 sqft

1 story

0.16 acres

Lot size: 0.1645