CA > Los Angeles
Los Angeles, CA 90004,310 N St Andrews PL
Los Angeles, CA 90004,310 N St Andrews PL
Los Angeles, CA 90004,310 N St Andrews PL
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$2,490,000
Est. payment /mo
10 Beds
8 Baths
6,216 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,216 sqft

Price per Sqft $400

MLS Listing ID 25519469

Bedrooms 10

HOA Y/N No

Year Built 1941

Lot Size 7,165 Sqft

Property Description

Situated in the highly desirable Mid-Wilshire neighborhood, 310 N St Andrews Pl offers excellent cash flow, making it an ideal investment opportunity! This property features two buildings: a brand-new 750 sf duplex ADU at the rear and a 5,466 sf main building with 6 units. The projected monthly rental income is $15,128 (the duplex is currently vacant and the main building is fully occupied by responsible tenants). The property offers a projected CAP rate of 5.06% and a GRM of 13.72. The main building is well-maintained, featuring copper plumbing throughout, and 5 of the units have updated kitchens and bathrooms. Central heating system for the main building AND split A/C & heating units for the duplex. There are 6 car garages, which currently accommodates 7-8 car parking. Perfectly located adjacent to Hancock Park and minutes from the trendy neighborhoods of Silver Lake, Larchmont Village, and Hollywood. Don't miss out on this opportunity! Water & gas for the water heater for the main building is paid by the property owner. Tenants pay for trash, electricity, & gas (cooking & heating) for the main building. For the new duplex ADU, the property owner pays for water & gas, and the tenants pay for electricity & trash.

Location

State CA

County Los Angeles

Area C18 - Hancock Park-Wilshire

Zoning LAR3

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Total Parking Spaces 7

Building

Story 2

Entry Level One

Architectural Style See Remarks

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5522032022

Special Listing Condition Standard

Read Less Info
California Regional MLS (CRMLS)
Listed by Johnny Cho • Keller Williams Realty Los Feliz

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