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Listed by: Taylor Avakian (916) 996-4421 DRE #02060040, Freddie Gershinson DRE #02254744 | Lyon Stahl Investment Real Estate, Inc. (310) 425-9838
$1,900,000
Monthly Est:$9,457
8 Beds
13 Baths
6,827sqft
1645 S St Andrews Pl, Los Angeles, CA 90019
$1,900,000
$9,457/moEst:
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Multi Family
Built in -
$-- HOA
9,101 sqft lot
$278/sq.ft
Description
1645 S St Andrews Pl | 13-Unit Value-Add Multifamily, Mid-City Los Angeles. 1960-built asset totaling 6,827 SF on a 9,277 SF LAR3 lot, one block west of Western Avenue with Koreatown to the north and quick access to the I-10 and the Metro E Line's Expo/Western station. The property features (7) studios averaging 410 SF, (4) 1BR/1BA units averaging 600 SF, and (2) 2BR/1BA units averaging 765 SF, plus 10 on-site parking spaces. Twelve of 13 units are occupied, with in-place rents averaging $1,299 against $1,820 at market a 40% gap and one studio delivered vacant for immediate lease-up. Offered at $1,900,000 ($146,154/unit | $278.31/SF) with a 5.52% current cap rate, the real story is turnover RSO units that reset to market at each vacancy, a 9.42% pro forma cap with no capital program assumed, and pricing 7% below the average of six recent comparable sales.
- Houzeo last checked: 3 minutes ago
- Listing updated: October 14, 2026 at 11:52 pm
- Source: California Regional MLS-CA | MLS#: 26102021
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
-
HOA Fees
-
Finished Area
6,827 sqft
Lot Size
9,101 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26102021
MLS Status
Active
Days on Market
3
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 13
Interior
Heating
None
Cooling
None
Utilities & Energy
Parking Features
Driveway Down Slope From Street
Price History
| Date | Event | Price |
|---|---|---|
10/13/2026 Source: | Off Market | $1,900,000 +11.76% $278/sqft |
09/30/2026 Source: | Listed for Sale | $1,700,000 -10.53% $249/sqft |
09/30/2026 Source: | Price Decreased | $1,900,000 -9.52% $278/sqft |
06/19/2021 Source: | Sold | $2,100,000 $308/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 17, 2026, 09:30PM 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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