127 S St Andrews Place

Los Angeles , CA 90004

MLS#: 25613491

$4,750,000

Status: Active
Listing number: 25613491
Listing provided by: Urban Real Estate, Inc.
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1961

Sq.Footage

N/A

First time on the market in over 30 years! This well-maintained Koreatown multifamily asset has been owned and operated by the same family trust, presenting an exceptionally rare opportunity for investors. Ideally located just south of Beverly Blvd and east of Western Ave, the property is situated in one of Koreatown's most desirable multifamily corridors, with a nearby Metro station and top amenities just moments away. Set on an expansive 14,201 SF lot, the property features rare on-site surface parking, a highly sought-after feature in Koreatown. Zoned LAR3, the site offers future redevelopment potential, making it an attractive long-term hold with multiple exit strategies. With a submarket vacancy rate of just 3% and strong historical rent growth, this property is located in a high-demand rental area. Current rents are significantly below market, offering 20-30% upside through renovation and unit repositioning. An ideal value-add opportunity for investors seeking stable cash flow and long-term appreciation. Perfect for 1031 exchange buyers, private investors, or owner-users looking for secure, inflation-hedged returns in a central LA location.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.3261

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $4,750,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Water Source

    Public

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of David Hong , Urban Real Estate, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
First time on the market in over 30 years! This well-maintained Koreatown multifamily asset has been owned and operated by the same family trust, presenting an exceptionally rare opportunity for investors. Ideally located just south of Beverly Blvd and east of Western Ave, the property is situated in one of Koreatown's most desirable multifamily corridors, with a nearby Metro station and top amenities just moments away. Set on an expansive 14,201 SF lot, the property features rare on-site surface parking, a highly sought-after feature in Koreatown. Zoned LAR3, the site offers future redevelopment potential, making it an attractive long-term hold with multiple exit strategies. With a submarket vacancy rate of just 3% and strong historical rent growth, this property is located in a high-demand rental area. Current rents are significantly below market, offering 20-30% upside through renovation and unit repositioning. An ideal value-add opportunity for investors seeking stable cash flow and long-term appreciation. Perfect for 1031 exchange buyers, private investors, or owner-users looking for secure, inflation-hedged returns in a central LA location.

127 S St Andrews Place

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

Prime Highland Park 16-Unit Apartment Building with Exceptional ReturnsBuilt in 1986 and offering strong in-place income with clear upside, this 16-unit property presents an excellent opportunity for investors seeking a stabilized asset in a high-demand rental market.The building totals approximately 14,878 square feet on a 22,500-square-foot lot with 27 gated parking spaces. The property is turnkey, featuring two on-site laundry rooms, storage space, two private yards, and a swimming pool.Located in Highland Park, bordering Pasadena and South Pasadena, this asset is near the best shops, cafes, and restaurants along Figueroa and York Blvd., with a park just down the street. A rare, stabilized investment offering both steady performance and long-term growth potential.
#P1-24757

Los Angeles

508 San Pascual Avenue

None Beds

None Baths

14,900 Sq.Ft.

$4,700,000

MLS#: P1-24757

Discover Exceptional Investment Potential in Baldwin Hills / Crenshaw. Rare opportunity to acquire a well-positioned 20-unit apartment complex located in one of Los Angeles’ most rapidly developing neighborhoods. 4723 & 4725 August Street feature two 10-unit low-rise buildings totaling approximately 20,680 sq. ft. on a ±0.38-acre lot. Each building offers a desirable mix of studio-, one-, two-, and three-bedroom units, all separately metered for utilities. Property amenities include gated access, on-site parking, and fully equipped kitchens and heating in every unit. These features support strong tenant retention and stable income. Ideally situated just south of Coliseum Street, the property offers exceptional proximity to Baldwin Hills Crenshaw Plaza, Kenneth Hahn State Recreation Area, and the Destination Crenshaw corridor—a major public and private investment celebrating art, history, and culture. Residents enjoy convenient access to the I-10 and I-105 freeways, the Expo/Crenshaw Metro Line, and LAX, providing easy connectivity throughout Los Angeles. With ongoing neighborhood revitalization, cultural vibrancy, and community pride, Baldwin Hills / Crenshaw stands as one of the city’s most promising multifamily submarkets. Whether for long-term hold or value-add repositioning, 4723 & 4725 August Street presents a compelling opportunity to invest in the growth and transformation of this dynamic area.
#SR25224747

Los Angeles

4723 4725 August

None Beds

None Baths

20,680 Sq.Ft.

$4,400,000

MLS#: SR25224747

We are happy to present a wonderful opportunity in Mid-Wilshire Miracle Mile area in Los Angeles. This property consists of three contiguous parcels located at 4605, 4615, and 4619 West Pico Boulevard in Los Angeles, California, which have been legally tied together to create one unified site. The property offers approximately 2,400 square feet of building space on a lot of about 16,254 square feet (buyer to verify) and is zoned C4, providing flexibility for a variety of automotive, service, or potential redevelopment uses. There are a total of twelve on-site parking spaces, including three ADA-compliant handicap spaces, and the site benefits from excellent street frontage and visibility along the highly traveled Pico Boulevard corridor in the Miracle Mile / Mid-Wilshire area. The property is currently operated as an automotive repair and body shop under the name United Auto Experts, which has been in continuous operation for over six years and has an established online presence with Yelp and Google business pages, as well as a dedicated website at linktr.ee/UnitedAutoExperts. Specialized tools and spray booth equipment are included under an equipment lease of $8,000 per month on a five-year term, of which approximately one and a half years have already been paid. The lease will need to be transferred to the new owner, and the seller can provide the lease and option-to-purchase contracts. Approximately $400,000 has been invested in recent remodeling and facility upgrades, reducing the need for immediate capital improvements. About $31,000 remains to complete the legalization of the spray booth, with most of the required city fees already paid (buyer to verify). Property taxes are approximately $44,000 per year, and the combined business and property insurance costs are about $1,300 per month. This is a rare opportunity to acquire a high-visibility automotive property in a dense, high-traffic Los Angeles location. The site is ideal for an owner-user looking to take over an established, fully operational business or for an investor seeking value-add potential through repositioning, expansion, or future redevelopment.
#SR25245234

Los Angeles

4605 W Pico

None Beds

None Baths

3,120 Sq.Ft.

$3,999,000

MLS#: SR25245234

Price reduced
694 S Burlington Ave is a 32-unit mixed use building located in the Pico Union neighborhood. This massive 30,319 sqft building is offered at only $124k/unit and $131/sqft. The property is currently operating at a 7.22% CAP and 7.67GRM. There is still over 51%+ upside available once the property is stabilized. The property is individually metered for gas and electric. The building is comprised of (26) apartment units and (6) Retail Spaces - consistent of (13) 1-Bed+1-Bath, (13) Studio+1Bath. Currently (2) studio/1-bath units are being delivered vacant, offering immediate upside in rental income. 694 S Burlington Ave is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
#SB25223796

Los Angeles

694 S Burlington Avenue

None Beds

None Baths

30,319 Sq.Ft.

$3,975,000

MLS#: SB25223796

None
#25594099

Los Angeles

5140 Crenshaw Boulevard

None Beds

None Baths

9,165 Sq.Ft.

$5,220,000

MLS#: 25594099

Price reduced
Ideal for manufacturing, R&D, cannabis, studio production, creative, tech., and more. Seller has design plans for the high production level of distribution, manufacturing and cultivation of marijuana. Said design plans will be shared with Buyer upon an accepted offer. Request offering memorandum from Broker.
#OC25219184

Los Angeles

1813 E Washington Boulevard

None Beds

None Baths

22,000 Sq.Ft.

$5,400,000

MLS#: OC25219184

Ground Zero Highland Park retail property for sale on the corner of Figueroa Street and Avenue 57; the property is available for either an owner-user or an investor: Antigua Bread is operated by the owners of the property and has been in business since 2007; ownership will either vacate the premises or execute a long-term lease for the space; other tenants in the building include Kotn, Viva Hair Studio, and a barbershop; the lease for Kotn expires June 30, 2027 with one (1) five (5)- year option to extend at fair market value; Viva Hair Studio and the barbershop are month-to-month; the property is immediately adjacent to a City parking lot and the Metro Gold Line Station; heavy foot and vehicular traffic (20,613 cars per day on Figueroa Street per 2024 MPSI estimate); three (3) tandem parking spaces (possibility to expand to four (4) as Antigua Bread has outdoor seating which occupies one (1) tandem space); very dense in retail shops, services and restaurants in the immediate vicinity including Highland Park Bowl, CVS, Smart & Final, Food 4 Less, Grocery Outlet, Triple Beam Pizza, Hippo, Highland Park Wine, Go Get Em Tiger, Kitchen Mouse, T-Mobile, Kinship Yoga, The Greyhound Bar & Grill, TheBeastBurgerLA, AutoZone, Mendocino Farms, Jeni's Ice Creams, Afters Ice Cream, Baskin Robbins, HomeState, Cookbook, Subway, El Pollo Loco, Taco Bell, Jack in the Box and Starbucks
#GD25214343

Los Angeles

5701 N Figueroa Street

None Beds

None Baths

5,700 Sq.Ft.

$5,200,000

MLS#: GD25214343

Price reduced
2709 Pico Blvd is a 43-unit mixed use building located in the Pico Union neighborhood. This massive 35,982 sqft building is offered at only $119k/unit and $143/sqft. The property is currently operating at a 7.66% CAP and 7.56 GRM. There is still over 55%+ upside available once the property is stabilized. The property is separately metered for gas and electric. The building is comprised of (36) apartment units and (7) commercial spaces - it is broken down in to (4) 1Bed+1Bath, (32) Studio+1Bath, (2) restaurants, (2) retail, (1) discount store, (1) salon and (1) upholstery store. There are (4) studio/1-bath units that are currently vacant, offering immediate upside in rental income. 1262 Fedora St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops, restaurants and amenities nearby, making this an ideal location for renters.
#SB25193347

Los Angeles

2709 W Pico Boulevard

None Beds

None Baths

35,892 Sq.Ft.

$5,150,000

MLS#: SB25193347

Price reduced
*** Prime Commercial Lot ***Development opportunity to Build Retail stores with MultiUnits or a Large Condominium Complex !!! Amazing 5 ~ Parcels totaling over 21,500 square feet. Exceptional opportunity for a large Franchise Business, this property has Access for a " DRIVE THROUGH" This commercial land offers flexibility and potential for a variety of uses and builds. Build your vision on this prime commercial land with 2 separate entrances on a corner lot for unique access. Offering high visibility and strong traffic counts, maximizing exposure for your business. Ideal for creating a landmark destination located in Highland park with hundreds of cars passing by Figueroa & Marmion Way. Corner Lot also allows to build a custom 4- story High End Condominium Complex! Owner has Drawings Engineering plans to build 39 Condos and 52 parking spaces on a Large 65,000 square feet 4- Level Building. Currently the property has an Auto Repair shop, Smog check business. Act now to capitalize on this prime commercial land, A true must See!
#MB25187309

Los Angeles

3900 N Figueroa Street

None Beds

None Baths

7,762 Sq.Ft.

$3,875,000

MLS#: MB25187309

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here