$4,490,000

127 S St Andrews Place, Los Angeles, CA 90004

  • 14,520 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.33acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $309/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
July 10, 2026
Data Last Updated:
August 24, 2026 at 10:07PM
Listing Office:
Urban Real Estate, Inc. : 213-318-0777
Listing Agent:
Yong Su Koh : 714-319-1441
MLS ID:
CL26858349
  • Laundry: Common Area
  • Flooring: Laminate
  • Heating: Wall Furnace
  • Parking: CoveredAssignedOther
  • County: Los Angeles
  • Zoning: LAR35516022017

This listing courtesy of Yong Su Koh , Urban Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby

810 S Berendo Street, Los Angeles, CA 90005
other For Sale

$4,500,000

  • 12,747 sqft |
810 S Berendo Street Los Angeles, CA 90005

#CL26868705 - Lyon Stahl Investment Real Estate, Inc.

720 S Plymouth Boulevard, Los Angeles, CA 90005
other For Sale

$3,950,000

  • 14,410 sqft |
  • 0.3 acre lot
720 S Plymouth Boulevard Los Angeles, CA 90005

#CL26866043 - Marcus & Millichap

1041 S Corning Street, Los Angeles, CA 90035
other For Sale

$4,700,000

  • 16,234 sqft |
  • 0.28 acre lot
1041 S Corning Street Los Angeles, CA 90035

#CL26865467 - Marcus & Millichap

650 S Detroit Street, Los Angeles, CA 90036
other For Sale

$4,000,000

  • 16,290 sqft |
650 S Detroit Street Los Angeles, CA 90036

#CL26864737 - Lyon Stahl Investment Real Estate, Inc.

1627 N Poinsettia Place, Los Angeles, CA 90046
other For Sale

$4,950,000

  • 14,817 sqft |
1627 N Poinsettia Place Los Angeles, CA 90046

#CL26855971 - REMAX COMMERCIAL & INVESTMENT REALTY

1214 W 8th Street, Los Angeles, CA 90017
other For Sale

$3,685,000

  • 12,936 sqft |
1214 W 8th Street Los Angeles, CA 90017

#CL26854765 - Marcus & Millichap