127 S St Andrews Pl, Los Angeles, CA 90004
127 S St Andrews Pl, Los Angeles, CA 90004
127 S St Andrews Pl, Los Angeles, CA 90004
127 S St Andrews Pl, Los Angeles, CA 90004
127 S St Andrews Pl, Los Angeles, CA 90004
127 S St Andrews Pl, Los Angeles, CA 90004
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Haley Kettrey

Haley Kettrey

+1(904) 846-3855
$ 4,490,000
Est. payment | /mo

24 Beds

24 Baths

14,520 SqFt

Save
$ 4,490,000
Est. payment | /mo
Save

24 Beds

24 Baths

14,520 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,520 sqft

Price per Sqft $309

MLS Listing ID 26858349

Style Contemporary

Bedrooms 24

Construction Status Updated/Remodeled

Year Built 1961

Lot Size 0.326 Acres

Acres 0.3261

Property Sub-Type Multi-Family

Property 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!

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Air Conditioning

Flooring Laminate

Equipment Dishwasher, Freezer, Microwave, Refrigerator, Range/Oven

Laundry Community

Exterior

Parking Features Assigned, Covered Parking, Community Garage

Garage Spaces 23.0

Pool None

Waterfront Description None

View Y/N Yes

View Walk Street

Building

Architectural Style Contemporary

Level or Stories Two

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Urban Real Estate, Inc.

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Haley Kettrey

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(904) 846-3855

assistant@paradigmvisiongroup.com

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127 S St Andrews Pl