1415 S St Andrews Place, Los Angeles, CA 90019 (MLS # 25561443)
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Prime investment opportunity in the heart of LA's vibrant 90019 zip code! This charming 8-unit building, set on a large 13,166 SF R3 lot, offers a rare blend of classic architecture, updated interiors, and exceptional long-term upside. The unit mix includes 4 spacious 2-bed units and 4 well-appointed 1-bed units, many of which have been remodeled or meticulously maintained. Pride of ownership is evident throughout. Below-market rents and long-term tenants provide immediate value-add potential. Ideally located near Koreatown, Mid-Wilshire, and Harvard Heights, the property is surrounded by new multifamily developments. With R3 zoning and a sizable lot, this is also a fantastic opportunity for developers to tear down and build condos or a larger multifamily project in one of LA's hottest growth corridors. Whether you're seeking stable cash flow, redevelopment upside, or both this is a can't-miss opportunity.
DAYS ON MARKET | 7 | LAST UPDATED | 7/7/2025 |
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YEAR BUILT | 1922 | COMMUNITY | C16 - Mid Los Angeles |
GARAGE SPACES | 8.0 | COUNTY | Los Angeles |
STATUS | Active | PROPERTY TYPE(S) | Residential Income |
ADDITIONAL DETAILS | |
AIR | Wall/Window Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Dryer, Gas Oven, Oven, Refrigerator |
AREA | C16 - Mid Los Angeles |
CONSTRUCTION | Stucco |
FIREPLACE | Yes |
GARAGE | Yes |
HEAT | Natural Gas, Wall Furnace |
LOT | 0.3022 acre(s) |
LOT DIMENSIONS | 73 x 17825 |
PARKING | Assigned, Concrete, Covered, Driveway, Electric Gate, Community Structure, Shared Driveway, On Street |
POOL DESCRIPTION | None |
SEWER | Other |
STORIES | One, Two |
STYLE | Traditional |
VIEW DESCRIPTION | None |
WATER | Public |
TOTAL MONTHLY PAYMENT
SATELLITE VIEW |
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