1415 South St. Andrews Place,Los Angeles, CA 90019

$ 2,350,00012beds8baths
    1415 South St. Andrews Place,  Los Angeles, CA 90019
    Status:Active
    MLS #:25561443
    Price:$ 2,350,000
    Beds:12
    Baths:8 Baths (8 F)
    Type:Apartment
    Size:9,268 ft²
    Lot Size:13,166 ft²

    Welcome to 1415SouthStAndrewsPlace.com

    Remarks
    Prime investment opportunity in the heart of LA’s vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers—tear down and build condos or a larger multifamily project in one of LA’s hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both—this is a can’t-miss opportunity.
    General Information
    Zoning:
    LAR3
    Probate Sale:
    No
    APN:
    5073-006-008
    County:
    Los Angeles
    View:
    No
    Building Details
    Year Built:
    1922
    # of Stories:
    2
    Roof Type:
    Flat Roof, Tile, Composition
    Style:
    Traditional
    Heating/Ventilation:
    Wall, Natural gas
    Air Conditioning:
    Wall/Window Unit
    Sewer:
    In Street Paid
    Water:
    District/Public, Meter on Property, Public
    Foundation:
    Raised Foundation
    Garage:
    Assigned, 16 spaces, 1 structure, 8 covered spaces, 8 uncovered
    Exterior:
    Stucco
    Flooring:
    Carpet, Hardwood, Tile, Vinyl
    Pool:
    none
    Basement:
    Partial
    Commercial Details
    Cap Rate:
    3.84
    Annual Gross Income:
    $142,792
    Zoning:
    LAR3
    Annual Operating Expense:
    $52,440
    Price per Square Foot:
    253.56
    Annual Net Income:
    $90,352
    # of Units:
    8
    Unit Rental Price Range:
    $983-$2392
    Amenities
    • Covered Parking
    • Dryer
    • Refrigerator
    Mortgage Calculator
    Price:
    Rate:
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    Terms (in Years):
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    *Rates for August 2025. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.

    Local Schools

    School NameTypeDistanceGreatSchools Rating
    1256 South Van Ness Avenue, Los Angeles CA 90019
    (323) 733-1327
    private
    0.2 mi
    1512 Arlington Avenue, Los Angeles CA 90019
    (323) 733-8801
    public
    0.3 mi
    map link
    1512 Arlington Avenue, Los Angeles CA 90019
    (323) 641-7283
    charter
    0.3 mi
    1211 South Hobart Boulevard, Los Angeles CA 90006
    (323) 734-8233
    public
    0.4 mi
    map link
    2900 West Pico Boulevard, Los Angeles CA 90006
    (323) 737-0012
    private
    0.5 mi
    2029 W Washington Blvd, Los Angeles CA 90018
    (323) 733-8827
    private
    0.6 mi
    3200 West Washington Boulevard, Los Angeles CA 90018
    (323) 766-5500
    public
    0.6 mi
    map link
    980 South Hobart Boulevard, Los Angeles CA 90006
    (213) 386-8661
    public
    0.6 mi
    map link
    980 South Hobart Boulevard, Los Angeles CA 90006
    (213) 224-6800
    charter
    0.6 mi
    map link
    2302 South Gramercy Place, Los Angeles CA 90018
    (323) 731-8633
    public
    0.7 mi
    2632 West 15th Street, Los Angeles CA 90006
    (323) 737-4730
    private
    0.7 mi
    2055 West 24th Street, Los Angeles CA 90018
    (323) 735-0278
    public
    0.8 mi
    map link
    2055 West 24th Street, Los Angeles CA 90018
    (213) 448-9747
    charter
    0.8 mi
    map link
    4001 Venice Boulevard, Los Angeles CA 90019
    (323) 294-4937
    charter
    0.8 mi
    map link
    4001 Venice Boulevard, Los Angeles CA 90019
    (323) 737-1217
    private
    0.8 mi
    911 South Norton Avenue, Los Angeles CA 90019
    (323) 936-2542
    private
    0.8 mi
    1717 7th Avenue, Los Angeles CA 90019
    (323) 735-1021
    public
    0.8 mi
    map link
    1111 Crenshaw Boulevard, Los Angeles CA 90019
    (323) 935-7971
    private
    0.9 mi
    3721 West Washington Boulevard, Los Angeles CA 90018
    (323) 732-0153
    public
    0.9 mi
    1035 Fedora Street, Los Angeles CA 90006
    (213) 380-1010
    private
    0.9 mi
    987 South Mariposa Avenue, Los Angeles CA 90006
    (213) 385-0241
    public
    0.9 mi
    745 South Wilton Place, Los Angeles CA 90005
    (213) 389-1181
    public
    0.9 mi
    map link
    745 South Wilton Place, Los Angeles CA 90005
    (310) 842-8555
    charter
    0.9 mi
    map link
    4066 Johnnie Cochran Vista, Los Angeles CA 90019
    (323) 730-4300
    public
    0.9 mi
    map link
    1901 Venice Boulevard, Los Angeles CA 90006
    (213) 381-5121
    private
    0.9 mi

    Data provided by GreatSchools.org ©2023. All rights reserved.

    Christophe's Bio

    CHRISTOPHE CHOO
    The Christophe Choo Real Estate Group
    Coldwell Banker Global Luxury

    Licensed Broker since 1987 in Beverly Hills & Los Angeles.

    Are you looking to buy or sell a luxury estate, home, condominium or investment property?

    Let us help you find everything you need to know about buying or selling a home! As one of the preeminent professional real estate teams in my community for over 32 years, we are dedicated to providing the finest service available while breaking new ground.

    Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to stay ahead of the game.

    We go the extra mile to help you achieve your goals. That's why we constantly research the market and property values so your home is priced effectively from day one. We also make sure the public knows your home is for sale by using innovative advertising and marketing techniques to attract potential buyers.

    Based in Beverly Hills, California 90210, the Christophe Choo Real Estate Group provides exclusive luxury homes for sale on a local, global and international stage. Hence the tagline: “Locally Known – Globally Connected”. Search for luxury properties in your area, whether in the “Platinum Triangle” areas of the Westside of Los Angeles of Beverly Hills, Holmby Hills and Bel Air or in The Sunset Strip, Hollywood Hills, Brentwood, Westwood, the Wilshire Corridor, Century City, Pacific Palisades, Santa Monica, Malibu, Venice, Marina Del Rey, Cheviot Hills, Rancho Park, Hancock Park, Los Feliz and the key Westside areas of Los Angeles, the Christophe Choo Real Estate Group can help.

    Call or email us today!
    Christophe Choo
    310-777-6342
    Or send me an email: Christophe@ChristopheChoo.com
    www.ChristopheChoo.com
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