Pleased to present a rare opportunity to acquire a well sought out piece of real estate in one of the most desirable areas in Los Angeles, Hollywood. This charming courtyard style property is located at 714 n st Andrews Pl just north of Melrose Ave, it is comprised of ten, one bedroom, one bathroom spacious units making it a 6,256 SQFT building on a 8,234 SQFT LARD 1.5 lot. Each unit has its own separate gas and electric meter and individual water heaters. This property has been very well maintained, passed its 2017 SCEP inspection, has a new roof, and a few units have also been remodeled and still have lots of upside in their rents. This property is a true value add deal and the perfect property for an investor looking for an income generating property and also a great 1031 exchange candidate. Centrally located, this property is near many popular restaurants, gas station, schools, metro line and 101 freeway.
Off market
Zestimate®
$2,162,600
714 N St Andrews Pl, Los Angeles, CA 90038
10beds
10baths
6,256sqft
MultiFamily
Built in 1923
-- sqft lot
$2,162,600 Zestimate®
$346/sqft
$2,875 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
Heating
- None, Other
Cooling
- None
Features
- Flooring: Other
Interior area
- Total interior livable area: 6,256 sqft
Property
Parking
- Parking features: On-street, None
Features
- Exterior features: Other
Lot
- Size: 8,232 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1923
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- Heating: Wall
- PropertyType: Residential Income
- UnitTypeType: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
- Equipment: Other
- SourceLivingArea: Title Company
- SourceLotSizeArea: Vendor Enhanced
- ParkingGarage: On street
- ListingArea: Hollywood
- ListingStatus: Pending
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Estimated market value
$2,162,600