Situated in the highly desirable Mid-Wilshire neighborhood, 310 N. St. Andrews Place 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. One unit is vacant and… Read More 7 units are occupied by responsible tenants. The property offers a CAP rate of 5.11% and a GRM of 13.62. 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. Read Less
Courtesy of Keller Williams Realty Los Feliz 323-300-1000
Listing Snapshot
Days Online
42
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,216
Lot Size
0.16 Acres
Year Built
1941
MLS Number
26841451
30 Days Snapshot Of 90004
$2.57M
0%
(avg) sold price
0
-100%
homes sold
143
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Other"
Building
6,216 sq ft, Built in 1941, Levels: "One Level", "Other"
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