- 3 Beds
- 3 Baths
- 14,520 Sqft
- .33 Acres
127 S St Andrews Place
100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line - with renter demand accelerating ahead of the 2028 LA Olympics!
Essential Information
- MLS® #26858349
- Price$4,490,000
- Bedrooms3
- Bathrooms3.00
- Square Footage14,520
- Acres0.33
- Year Built1961
- TypeResidential Income
- StyleContemporary
- StatusActive
Community Information
- Address127 S St Andrews Place
- AreaC18 - Hancock Park-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Amenities
- Parking Spaces23
- PoolNone
Parking
Assigned, Covered, Community Structure
Garages
Assigned, Covered, Community Structure
Interior
- InteriorLaminate
- HeatingWall Furnace
- StoriesTwo
Appliances
Dishwasher, Microwave, Refrigerator
School Information
- DistrictLos Angeles Unified
Additional Information
- Date ListedJuly 10th, 2026
- Days on Market49
- ZoningLAR3
Listing Details
- AgentYong Su Koh
- OfficeUrban Real Estate, Inc.
Yong Su Koh, Urban Real Estate, Inc..
Based on information from California Regional Multiple Listing Service, Inc. as of August 28th, 2026 at 10:21am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.