Description
I am pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8, 490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 70 Percent remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a 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
