$1,195,000
4805 S St Andrews PL Los Angeles, CA 90062
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$1,195,000
Est. payment /mo
7 Beds
5 Baths
3,894 SqFt
UPDATED:
10/31/2024 06:03 PM
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,894 sqft
Price per Sqft $306
MLS Listing ID 24433751
Bedrooms 7
HOA Y/N No
Year Built 1950
Lot Size 7,278 Sqft
Property Description
6.3% Cap Rate. (7.4% Cap Rate after ADU construction). Currently 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LAR2
Interior
Heating Electric
Cooling None
Fireplace No
Appliance Refrigerator
Exterior
Garage None
Parking Type None
Total Parking Spaces 2
Building
Faces North
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5015005033
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Keith Brennan • Brennen Realty
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