Sold

$1,075,000

3993 S St Andrews Pl, Los Angeles, CA 90062

5 Beds
5 Baths
2,792 Sq.Ft.
Est. payment from /mo Get Pre-Approved

Property Description

OPPORTUNITY ZONED! GRM 13 CURRENT CAP RATE 5.35% along with 35% Upside Potential! This is the perfect Value Add opportunity you have been waiting for! Property is offered at an extremely low cost per unit of $220K/Unit. Perched at a quiet tree lined corner having alley access, half of this great income property's units come fully renovated with open floor plan, brand new kitchen featuring Quartz style countertops, tastefully upgraded bathroom, hardwood style flooring and Recessed lightings. Well maintained with all new vinyl windows and all utilities separately metered, the property is consisted of 3 efficient 2 Bedroom 1 Bath and 2 solid 1 Bedroom 1 Bath with open floor plans making it easy to rent and much loved by the residents. Steps away from USC Campus and University Village. New Coliseum and Star Wars museum bringing whole new excitement to the area! It is definitely the right time to invest in this up and coming area with lots of neighboring development lots. Featuring trendy shops and restaurants.
OPPORTUNITY ZONED! GRM 13 CURRENT CAP RATE 5.35% along with 35% Upside Potential! This is the perfect Value Add opportunity you have been waiting for! Property is offered at an extremely low cost per unit of $220K/Unit. Perched at a quiet tree lined corner having alley access, half of this great income property's units come fully renovated with open floor plan, brand new kitchen featuring Quartz style countertops, tastefully upgraded bathroom, hardwood style flooring and Recessed lightings. Well maintained with all new vinyl windows and all utilities separately metered, the property is consisted of 3 efficient 2 Bedroom 1 Bath and 2 solid 1 Bedroom 1 Bath with open floor plans making it easy to rent and much loved by the residents. Steps away from USC Campus and University Village. New ...
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Area & Lot

Lot Size
5,696 Sq.Ft.
MLS® ID
21-788304
Type
Multi-Family
Year Built
1924

Exterior & Building

Parking
None
Heat Type
None
Air Conditioning
None
Other Exterior Features
None

Finance

Reduced Price
Price Upon Request
Zoning
LARD1.5
3993 S St Andrews Pl

Work With Vinnie

With over a decade of experience in property management, development, interior design, renovation and sales, Vinnie Park has built a solid reputation as a highly trusted, hardworking broker with extensive market knowledge and unmatched devotion to his clients.