Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 8 BR |
| Bathrooms: | 31 |
| Area: | 7506 sq ft |
| Lot Size: | 0.17 Acres |
FinancialsPrice:$4,895,000
DescriptionLocated in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles' most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown's renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown's bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth.
Located in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles' most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown's renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown's bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth.
839 S St Andrews Pl 8.0 LA
DescriptionLocated in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles' most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown's renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown's bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth.
Located in the heart of a vibrant Koreatown pocket, 839 S. St Andrews Place offers a rare opportunity to acquire a charming, 31-unit multifamily property west of Western Avenue, just steps from the prestigious Hancock Park neighborhood. Built in 1929, this Hollywood-style architectural gem exudes timeless character, featuring a grand lobby with a secured entrance, an elevator, and on-site laundry facilities for tenant convenience. The property comprises a desirable unit mix of 23 studio apartments and 8 one-bedroom, one-bathroom (1+1) units, catering to a diverse tenant base in one of Los Angeles' most dynamic and sought-after submarkets. With a Walk Score of 95, residents enjoy unparalleled access to Koreatown's renowned dining, shopping, and entertainment options, including Chapman Plaza, The Line Hotel, and Quarters KBBQ, as well as proximity to local cultural and lifestyle destinations. Strategically positioned in a high-demand rental market, 839 S. St Andrews Place combines historic appeal with modern livability, making it an attractive asset for investors seeking stable cash flow and long-term value appreciation. Its prime location, strong walkability, and proximity to both Koreatown's bustling core and the upscale Hancock Park area further enhance its investment potential. This offering represents a unique chance to own a well-maintained, character-driven property in a thriving urban neighborhood poised for continued growth.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.