1648 South St Andrews Place

Los Angeles, CA 90019

$2,100,000
Price
11
Beds
9
Baths
7,562 Sq. Ft.
$278 / Sq. Ft.
7,562
Sq. Ft.
$278
per Sq. Ft.
a car parked in front of a house
a car parked in front of a building

Description

We are thrilled to present an exceptional investment opportunity in Los Angeles, California, brought to you by Keller Williams Studio City. This remarkable 9-unit apartment building offers a fantastic unit mix, including 2 studios, 3 one-bedroom units with one bathroom, and 4 two-bedroom units with one bathroom. With an attractive assumable loan of $1,195,000 at a fixed rate of 3.39% until June 2027, this property provides favorable financing options. Boasting a great unit mix and the added benefit...We are thrilled to present an exceptional investment opportunity in Los Angeles, California, brought to you by Keller Williams Studio City. This remarkable 9-unit apartment building offers a fantastic unit mix, including 2 studios, 3 one-bedroom units with one bathroom, and 4 two-bedroom units with one bathroom. With an attractive assumable loan of $1,195,000 at a fixed rate of 3.39% until June 2027, this property provides favorable financing options. Boasting a great unit mix and the added benefit of 3 out of 7 units being remodeled, this apartment building presents tremendous potential for both immediate income generation and future growth.
  1. Listed by Yunus Hopkinson • DRE #02071440 • Brokerage DRE #01428774 • Keller Williams Realty-Studio City • 818-984-6964

Property Details for 1648 South St Andrews Place

Parking Spaces Total
0
Private Pool
No
Total Units
9.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
7562
Assessor Parcel Number
5073-012-021
Property Attached YN
true
LISTING UPDATED: 08/02/2024 05:18 AM

Property Details for 1648 South St Andrews Place

StatusActive
MLS #SR24156634
Days on Market109
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1946
CountyLos Angeles County

Building Information for 1648 South St Andrews Place

Building/Complex1648 S St Andrews PlFloor-Stories2Residences-Pet Policy-Year Built1946Building Size-

Property Information for 1648 South St Andrews Place

Income / Expense / Tax Details
Income Details
  • Gross Income: $162,349
  • Gross Scheduled Income: $162,349
  • Vacancy Allowance: 3
  • Gross Operating Income: $157,478
  • Net Operating Income: $106,388
Expense Details
  • Operating Expense: $51,090
  • Fuel Expense: $297
  • Electric Expense: $0
  • Insurance Expense: $6,216
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $51,090
Tax / Assessment Info
  • Tax Tract Number: 13392
  • Tax Census Tract: 2213.02
  • CFD/Mello-Roos Fee: $1,332
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: S St. Andrews Pl
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,116
  • Unit Type Total Rent: $2,116
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,014
  • Unit Type Total Rent: $1,014
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,851
  • Unit Type Total Rent: $1,851
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,392
  • Unit Type Total Rent: $2,392
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,364
  • Unit Type Total Rent: $1,364
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,630
  • Unit Type Total Rent: $1,630
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,119
  • Unit Type Total Rent: $1,119
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,074
  • Unit Type Total Rent: $1,074
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $966
  • Unit Type Total Rent: $966
  • Unit Type Pro Forma: 2100
  • Unit Type Type: 9
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 9

Property History for 1648 South St Andrews Place

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1648 South St Andrews Place

Taxable ValueLand$612,785Additions$826,733Total$1,439,518
Tax Record2024$18,598 ($1,550 / month)
Home Facts
Total Finished SqFt7,562 SqFtAbove Grade Finished SqFt7,562 SqFtLot Size8,120 SqFtStyleMulti-Family Res (5+ Units)Year Built1946ZoningLAR3CountyLOS ANGELESAPN5073-012-021

Schools near 1648 South St Andrews Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Twenty-Fourth Street Elementary School
Public - K to 4
Carson-Gore Academy Of Enviornmental Studies
Public - K to 5
Crown Preparatory Academy
Charter - 5 to 8
Pio Pico Middle School
Public - 6 to 8
Rating
School
Distance
Twenty-Fourth Street Elementary School
PublicK to 4

Carson-Gore Academy Of Enviornmental Studies
PublicK to 5

Crown Preparatory Academy
Charter5 to 8

Pio Pico Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1648 South St Andrews Place, Los Angeles, CA 90019

1648 South St Andrews Place is a multi-family home for sale in Los Angeles, CA 90019. This property was listed for sale on July 30, 2024 by Keller Williams Realty-Studio City, it's currently listed at $2,100,000. It has been on the market for a total of 109 days and was last sold on September 4, 2015. This listing's school district is Los Angeles Unified School District. Nearby schools include Twenty-Fourth Street Elementary School, Carson-Gore Academy Of Enviornmental Studies and Crown Preparatory Academy. 1648 South St Andrews Place is a 11-bed, 9-bath, 7,562 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty-Studio City, Yunus Hopkinson, DRE #02071440

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.