950 S St Andrews Pl | Los Angeles, CA 90019
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- LoopNet Team
950 S St Andrews Pl
Los Angeles, CA 90019
Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Significant Value-Add Opportunity: Opportunity to implement a strategic value enhancement program and increase rental income by approximately 27%
- Unlimited Access to Major Employment Centers: Central location within the City of Los Angeles offers excellent connectivity to surrounding submarkets
- Revival of Miracle Mile: 950 S. St. Andrews Place is situated on the western border of Koreatown, offering residents immediate access to Miracle Mile
- Great Walkability and Access to Public Transit: Boasts a 96 Walk Score and 74 Transit Score, a rare combination for apartment buildings in Los Angeles
- Koreatown is Booming: 950 S. St. Andrews Place is located in the heart of Koreatown, one of the fastest growing submarkets of Los Angeles
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.42 AC |
| Property Type | Multifamily | Building Size | 24,990 SF |
| Property Subtype | Apartment | Average Occupancy | 96% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1964 |
| Zoning | R4-2, Los Angeles | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 24,990 SF |
| Average Occupancy | 96% |
| No. Stories | 3 |
| Year Built | 1964 |
| Zoning | R4-2, Los Angeles |
AMENITIES
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 2 | - | - |
| 1+1 | 16 | - | - |
| 2+2 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 5080-001-017 | Improvements Assessment | $3,014,573 |
| Land Assessment | $4,546,214 | Total Assessment | $7,560,787 |
PROPERTY TAXES
Parcel Number
5080-001-017
Land Assessment
$4,546,214
Improvements Assessment
$3,014,573
Total Assessment
$7,560,787
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