947 St Andrews Place, Los Angeles, CA 90019
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- MLS#: 24420645 ( )
- Street Address: 947 St Andrews Place
- Viewed: 1
- Price: $2,050,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1963
- Bldg sqft: 0
- Days On Market: 161
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90019
- Provided by: Epique Realty
- Contact: Hyun Jin Hyun Jin
- DMCA Notice
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DescriptionWe are delighted to present for sale a six unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two bedroom/two bath units, one two bedroom/one bath unit, and one three bedroom/two bath unit. Amenities comprise an on site laundry facility, on site parking, and individual metering for electricity and gas. To provide further details, the installation of the water heater and the seismic retrofit have been recently completed and five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.
Property Location and Similar Properties
Features
Appliances
- Dishwasher
- Disposal
- Refrigerator
- Vented Exhaust Fan
Building Area Total
- 5368.00
Cooling
- Central Air
- Wall/Window Unit(s)
Country
- US
Electric Expense
- 6468.00
Flooring
- Wood
Gardner Expense
- 840.00
Heating
- Wall Furnace
- Central
Insurance Expense
- 3797.00
Laundry Features
- Community
Laundry Income
- 1500.00
Levels
- Two
Lockboxtype
- None
Netoperatingincome
- 104147.00
Newtaxesexpense
- 23383.00
Parcel Number
- 5081033002
Parking Features
- Carport
- Assigned
Postalcodeplus4
- 2223
Professionalmanagementexpense
- 4500.00
Sourcesystemkey
- 24-420645:CLAW
Totalexpenses
- 41784.00
Year Built
- 1963
Zoning
- LAR3