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Listed by: Yong Su Koh (213) 318-0777 DRE #01978670 | Urban Real Estate, Inc. (213) 318-0777
$4,490,000
Monthly Est:$22,348
24 Beds
24 Baths
14,520sqft
127 S St Andrews Pl, Los Angeles, CA 90004
$4,490,000
$22,348/moEst:
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Multi Family
Built in 1961
$-- HOA
14,205 sqft lot
$309/sq.ft
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!
- Houzeo last checked: 1 minute ago
- Listing updated: September 29, 2026 at 6:58 pm
- Source: California Regional MLS-CA | MLS#: 26858349
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1961
HOA Fees
-
Finished Area
14,520 sqft
Lot Size
14,205 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26858349
MLS Status
Active
Days on Market
92
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 24
Bathrooms: 24
Interior
Appliances
Dishwasher, Microwave, Refrigerator
Heating
Wall Furnace
Flooring
Laminate
Construction
Year Built
Year Built: 1961
Home type
Multi Family
Property Condition
Updated Remodeled
Architectural Style
Contemporary
Utilities & Energy
Pool Features
None
Security Features
Gated Community
Laundry Features
Common Area
Parking Features
Assigned, Covered, Community Structure
Other Features
Tenant Pays
Electricity, Gas, Water
Community Features
Gated
Disclosures
Trust Conservatorship
Price History
| Date | Event | Price |
|---|---|---|
07/10/2026 Source: | Listed for Sale | $4,490,000 -5.47% $309/sqft |
10/31/2025 Source: | Off Market | $4,750,000 $327/sqft |
Hancock Park Ranks #7 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 10, 2026, 08:15PM and /or other sources. 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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