5419 South St Andrews Place

Los Angeles, CA 90062

$889,000
Price
3
Beds
3
Baths
1,970 Sq. Ft.
$451 / Sq. Ft.
1,970
Sq. Ft.
$451
per Sq. Ft.

Description

LOCATION LOCATION LOCATION! This incredible multi-unit investment property in the heart of Los Angeles features 3 units + a 2-car garage primed for possible ADU conversion. Updated electric and heating + washer/dryer hookups in each. All units individually metered for gas and electric. Front unit will be delivered vacant. Centrally located with quick access to Leimert Park, Expo Park, West Adams + DTLA and the 110 FWY. Property to be sold in AS-IS condition. Excellent cash flow potential. Don't miss...LOCATION LOCATION LOCATION! This incredible multi-unit investment property in the heart of Los Angeles features 3 units + a 2-car garage primed for possible ADU conversion. Updated electric and heating + washer/dryer hookups in each. All units individually metered for gas and electric. Front unit will be delivered vacant. Centrally located with quick access to Leimert Park, Expo Park, West Adams + DTLA and the 110 FWY. Property to be sold in AS-IS condition. Excellent cash flow potential. Don't miss this fantastic investment opportunity! NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of four multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5166 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

Listing Agents

  1. Karlyn Nelson

    Karlyn Nelson

    Listing Agent

    Compass

    DRE #02051690

    karlyn.nelson@compass.com

    P: (323)-241-9786

  2. Lacy Register

    Lacy Register

    Alternative Listing Agent

    Compass

    DRE #01980850

    lacy.register@compass.com

    P: (310)-422-7291

Property Details for 5419 South St Andrews Place

Zoning
LAR2
Parcel Number
5005022021
Total Units
3.0
Living Area
1970
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
1
Lot Size Area
6865
LISTING UPDATED: 07/26/2024 02:02 PM

Property Details for 5419 South St Andrews Place

StatusActive
MLS #24-415421
Days on Market126
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.16 AC / 6,865 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Building Information for 5419 South St Andrews Place

Stories-Residences-Year Built1923Building Size-Lot Size0.16 AC / 6,865 SF

Property Information for 5419 South St Andrews Place

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 2
  • Type Of Units: Triplex
  • Direction Faces: East
  • Water: District
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $70,740
  • Net Operating Income: $43,015.00
  • Gross Income: $70,740
  • Gross Rent Multiplier: $17.00
  • Owner Pays: Gardener, Water
  • Total Annual Expense: 9281
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1576
  • Lot Size Square Feet: 6865
Parking Details
Parking Details
  • Parking Garage: Garage Is Detached
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: Decorative
  • Fireplace Rooms: Decorative
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Range/Oven, Dishwasher, Microwave
  • Cooking Appliances: Range, Oven
  • Laundry: In Unit
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: Other
Lease Terms
Lease Terms
  • Entry Date: 07-17-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $1,963.00
  • Unit Projected Rent: $1,963.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $939.00
  • Unit Actual Rent: $939.00
  • Unit Projected Rent: $1,963.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,456.00
  • Unit Actual Rent: $1,456.00
  • Unit Projected Rent: $1,963.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $187,635.00
  • Assessed Improvement Percent: 29.66
  • Assessed Land Value: $444,963.00
  • Assessed Land Percent: 70.34
  • Assessed Total Value: $632,598.00

Property History for 5419 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 5419 South St Andrews Place

Taxable ValueLand$462,939Additions$195,214Total$658,153
Tax Record2024$8,351 ($696 / month)
Home Facts
Total Finished SqFt1,970 SqFtAbove Grade Finished SqFt1,970 SqFtLot Size6,865 SqFtStyleTriplexYear Built1923ZoningLAR2CountyLOS ANGELESAPN5005-022-021

Schools near 5419 South St Andrews Place

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Angeles Mesa Elementary School
PublicK to 5

Western Avenue Technology Magnet
PublicK 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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5419 South St Andrews Place is a multi-family home for sale in Los Angeles, CA 90062. This property was listed for sale on July 17, 2024 by Compass, it's currently listed at $889,000. It has been on the market for a total of 126 days and was last sold on March 2, 2018. This listing's school district is Los Angeles Unified School District. Nearby schools include Angeles Mesa Elementary School, Western Avenue Technology Magnet and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 5419 South St Andrews Place is a 3-bed, 3-bath, 1,970 sqft multi-family home built in 1923.

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 Compass, Karlyn Nelson, DRE #02051690; Compass, Lacy Register, DRE #01980850

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.