730 N St Andrews Pl, Los Angeles, CA 90038

Description

We are pleased to present the opportunity to acquire 714 and 730 N. St. Andrews Place, two independently operated multifamily properties offered together in the highly desirable East Hollywood area. The offering consists of 14 residential units across two separate properties, totaling approximately 11,862 gross square feet on a combined 16,466 square feet of land. Located north of Melrose Avenue between Wilton Place and Western Avenue, the properties benefit from a central Los Angeles location with convenient access to Hollywood, Melrose Avenue, Paramount Studios, the 101 Freeway, and a variety of dining, retail, and entertainment destinations. Both properties feature classic courtyard-style architecture and were constructed in the 1920s, with several units having been remodeled and maintaining a mix of original character and updated features. 730 N. St. Andrews Place consists of four spacious 3-bedroom/1-bathroom units, while 714 N. St. Andrews Place comprises 10 units, including eight 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. Together, the properties offer a diverse unit mix and substantial land area within an established rental market. Offered at a combined price of $3,990,000, the two-property offering provides investors with the opportunity to acquire 14 multifamily units across two well-located assets in a desirable and highly accessible Los Angeles submarket.