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$4,490,000
$7,200Reward *
127 S St Andrews Place, Los Angeles, CA 90004Listing ID 26858349

127 S St Andrews Place, Los Angeles, CA 90004

Active
Time on site: 38 days • Last updated: Jul 18, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
24
Bathrooms
Bathrooms
24
Square Feet
Square Feet
14,520
Acres
Acres
0.33
Days on Site
Days on Site
38
Heating
Heating
Wall Furnace
Year Built
Year Built
1961
Stories
Stories
2
Parking
Parking
Assigned, Covered, Community Structure

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!

Property Information

Property Details

Location

Address
127 S St Andrews Place
County
Los Angeles
City
Los Angeles
Zip Code
90004
School District
Los Angeles Unified
MLS Area
C18 - Hancock Park-Wilshire

Interior Features

Beds and Baths

Bedrooms
24

Building

Building Information

Square Feet
14,520
Year Built
1961
Stories
2
Condition
Updated/Remodeled

Financial

Special Conditions
Standard
Yong Su Koh • Urban Real Estate, Inc., (213) 318-0777

Market Report for 90004

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-C136670