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.