127 S St Andrews Place, Los Angeles, CA — listing photo 1
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FOR SALE

127 S St Andrews Place

Los Angeles, CA 90004
24 Beds
24 Baths
14,520 Sq Ft
Built 1961
$4,490,000

Property Overview

100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line - with renter demand accelerating ahead of the 2028 LA Olympics!

Home Details

Property type
Residential Income
Year built
1961
Living area
14,520 sq ft
Lot size
14,205 sq ft
Parking
23 spaces
Days on market
52
MLS status
Active
Architectural style
Contemporary
Zoning
LAR3

Features & Amenities

Appliances

  • Dishwasher
  • Microwave
  • Refrigerator

Parking

  • Assigned
  • Covered
  • Community Structure

Pool

  • None

Security

  • Gated Community

Community, Schools & Utilities

Community

View
Yes

Schools

School district
Los Angeles Unified

Utilities

Heating
WallFurnace
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Location & Neighborhood

127 S St Andrews Place

Los Angeles, CA 90004

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Frequently Asked Questions About 127 S St Andrews Place

Property type: Residential Income

The current asking price is $4,490,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 127 S St Andrews Place. Our team will confirm availability and timing.
This 24 bedrooms and 24 bathrooms property offers approximately 14,520 square feet of living space. It was built in 1961. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 52 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Yong Su Koh
MLS ID: CLW-C136670

Available property

$4,490,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.