Skip To Content

3993 S St Andrews Pl

Los Angeles, CA 90062
  • $1,075,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 21-788304
UPDATED: 40 min ago
$1,075,000
  • 5
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,792
    SQFT
  • $385
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1924
County:

School Ratings & Info

Description

OPPORTUNITY ZONED! GRM 13 CURRENT CAP RATE 5.35% along with 35% Upside Potential! This is the perfect Value Add opportunity you have been waiting for! Property is offered at an extremely low cost per unit of $220K/Unit. Perched at a quiet tree lined corner having alley access, half of this great income property's units come fully renovated with open floor plan, brand new kitchen featuring Quartz style countertops, tastefully upgraded bathroom, hardwood style flooring and Recessed lightings. Well maintained with all new vinyl windows and all utilities separately metered, the property is consisted of 3 efficient 2 Bedroom 1 Bath and 2 solid 1 Bedroom 1 Bath with open floor plans making it easy to rent and much loved by the residents. Steps away from USC Campus and University Village. New Coliseum and Star Wars museum bringing whole new excitement to the area! It is definitely the right time to invest in this up and coming area with lots of neighboring development lots. Featuring trendy shops and restaurants.

Monthly Payment Calculator



Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T09:42:22.53. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.deserthouseseekers.com/homes/121853121
Print Image

3993 S St Andrews Pl Los Angeles, CA 90062

  • Price: $1,075,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 40 min ago
  • MLS #: 21-788304
5
Beds
0
Baths
0
½ Baths
0.13
Acres
2,792
SQFT
$385
$/SQFT
1924
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
OPPORTUNITY ZONED! GRM 13 CURRENT CAP RATE 5.35% along with 35% Upside Potential! This is the perfect Value Add opportunity you have been waiting for! Property is offered at an extremely low cost per unit of $220K/Unit. Perched at a quiet tree lined corner having alley access, half of this great income property's units come fully renovated with open floor plan, brand new kitchen featuring Quartz style countertops, tastefully upgraded bathroom, hardwood style flooring and Recessed lightings. Well maintained with all new vinyl windows and all utilities separately metered, the property is consisted of 3 efficient 2 Bedroom 1 Bath and 2 solid 1 Bedroom 1 Bath with open floor plans making it easy to rent and much loved by the residents. Steps away from USC Campus and University Village. New Coliseum and Star Wars museum bringing whole new excitement to the area! It is definitely the right time to invest in this up and coming area with lots of neighboring development lots. Featuring trendy shops and restaurants.
Exterior Features

Lot Size Area 5696 Other Structures None Parking Garage None Total Parking 0

Interior Features

Baths Total 5.00 Cooling None Equipment None Heating None

Property Features

Assessed Total Value 642029 Gross Income 82651 Gross Operating Income 80172 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Net Operating Income 57296.00 Number Of Buildings 3 Number Of Units 5 Rent Control YN Yes Sale Type Standard Source Living Area Other Source Lot Size Area Assessor Total Annual Expense 22876 Type Of Units Apartments Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Vinnie Park DRE#02015848 of Coldwell Banker Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-11-27T09:42:22.53. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788304-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788304-2.jpg https://bt-photos.global.ssl.fastly.net/carets/orig_boomver_1_21-788304-2.jpg
Logo
Zwemmer Realty Group | Keller Williams Realty
75486 Augusta Drive
Indian Wells CA, 92210