Description
I am pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The property in question is located just south of Beverly Boulevard, three blocks from Larchmont Village, one of Los Angeles' most distinctive and beloved neighborhoods. The property consists of a three-story building, located on an 8,490 square foot lot. Comprised entirely of one-bedroom apartments, the layouts are spacious and feature terraces (86% of units), air conditioning and on-site parking for each unit. The new owner will have the opportunity to add significant value as 70% of the remaining rental potential is achieved through interior renovations. Due to the charm and appeal of this area, housing demand has increased sharply and long-term rental prices have grown. The location of the asset as well as its potential to deliver added value to the new owner make 161 South St Andrews an excellent acquisition opportunity.
Property Details
- Property ID: #21
- Property Type: Residential
- Area: 15,606.00 Sq. Ft
- Livable Area: 10.00 Sq. Ft
- Property Price: € 6,000,000.00
- Structure: Agriculture
- Sub Structure: Barns & Silos
- Age: N/A
- Built In: 2020
- Country: Aland Islands
- State: California
- City: Los Angeles
- Postal Code: 90004
- Face: N/A
- Price Negotiable: no
- Total Floor: N/A
- Property on Floor: N/A
- Floor: N/A
Interior Features
- Beds: 21
- Bathroom: 21
- Laundry: N/A
- Furnishing: N/A
Exterior Features
- Architectual Style: N/A
- Roof: N/A
- Construction Material: N/A
- Foundation: N/A
- New Construction: no
- Property Condition: N/A
Amenities
- Bedrooms
- Bathrooms
- Land Info
- Garage and Parking
- Multi-Unit Info
- Rental Info
- Other Property Info
- Commercial Info
- Building and Construction
Garage/Parking
- Total Parking: N/A
- Garage Space: N/A
- Parking Feature: N/A
Appliances
Utilities
- Heating Feature: N/A
- Cooling Feature: N/A
- Service: N/A
- Pet Policy: N/A
Lot Info
- Lot Size: 12000 Sq. Ft
- Lot Feature: N/A