CA > Los Angeles
Los Angeles, CA 90004,127 S St Andrews Pl
Los Angeles, CA 90004,127 S St Andrews Pl
Los Angeles, CA 90004,127 S St Andrews Pl
16
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$4,750,000
Est. payment /mo
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24 Beds
24 Baths
14,520 SqFt
New

127 S St Andrews Pl Los Angeles, CA 90004

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Roddy De La Garza

Roddy De La Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 14,520 sqft

Price per Sqft $327

MLS Listing ID 25613491

Bedrooms 24

Year Built 1961

Lot Size 0.326 Acres

Acres 0.3261

Property Sub-Type Multi-Family

Property Description

First time on the market in over 30 years! This well-maintained Koreatown multifamily asset has been owned and operated by the same family trust, presenting an exceptionally rare opportunity for investors. Ideally located just south of Beverly Blvd and east of Western Ave, the property is situated in one of Koreatown's most desirable multifamily corridors, with a nearby Metro station and top amenities just moments away. Set on an expansive 14,201 SF lot, the property features rare on-site surface parking, a highly sought-after feature in Koreatown. Zoned LAR3, the site offers future redevelopment potential, making it an attractive long-term hold with multiple exit strategies. With a submarket vacancy rate of just 3% and strong historical rent growth, this property is located in a high-demand rental area. Current rents are significantly below market, offering 20-30% upside through renovation and unit repositioning. An ideal value-add opportunity for investors seeking stable cash flow and long-term appreciation. Perfect for 1031 exchange buyers, private investors, or owner-users looking for secure, inflation-hedged returns in a central LA location.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Interior

Laundry Laundry Area

Exterior

Garage Spaces 20.0

Building

Story 2

Water District

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Urban Real Estate, Inc.

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Roddy De La Garza

Roddy De La Garza

Broker Associate | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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127 S St Andrews Pl