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    4371 S St Andrews Place

    Los Angeles (City), CA 90062
    • $699,000
    • STATUS: Active
    • ON SITE: 65 days
    • ID#: 21702260
    UPDATED: 58 min ago
    $699,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,544
      SQFT
    • $453
      $/SQFT
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Ratings & Info

    Description

    We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit may be delivered vacant. There are separate meters for gas and electricity to keep monthly expenses low. For you developers, the site is zoned LAR4 and may be ideal for a multifamily property development. Buyer and agent to check with the City and rely on their own findings. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T22:34:34.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/114887032
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    4371 S St Andrews Place Los Angeles (City), CA 90062

    • Price: $699,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 21702260
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,544
    SQFT
    $453
    $/SQFT
    1920
    Built
    Neighborhood:
    PHHT - Park Hills Heights
    County:
    Los Angeles
    Area:
    PHHT - Park Hills Heights
    Property Description
    We are pleased to present this two unit investment opportunity in South Los Angeles. The units are ideally located near the intersection of Western and Vernon, providing direct access to public transportation and job centers in DTLA and Leimert Park. The complex consists of a 4 Bedroom 1 Bath house with an updated 2 Bedroom 1 Bath unit in the rear. The front house is currently producing $2,750 per month and the rear unit may be delivered vacant. There are separate meters for gas and electricity to keep monthly expenses low. For you developers, the site is zoned LAR4 and may be ideal for a multifamily property development. Buyer and agent to check with the City and rely on their own findings. Great opportunity for the small, first time investor and the local developer. Please do not walk on property and please do not disturb tenants in any way. All offers to be made subject to inspection.
    Exterior Features

    Architectural Style Contemporary Parking Features Door-SingleGarage

    Interior Features

    Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Buyer Financing CashConventionalFha Gross Income 60000 Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 42000 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 1 Zoning Lar4

    Listing provided courtesy of Jerome Mcalpin of Mcalpin & Company


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-13T22:34:34.677. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
     
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    Team Tami | Palm Realty Boutique
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    Playa Vista CA, 90094