$1,075,000
$1,075,000
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3993 S St Andrews PL Los Angeles, CA 90062
2,792 SqFt
Key Details
Sold Price $1,075,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,792 sqft
Price per Sqft $385
MLS Listing ID 21788304
Sold Date 01/24/22
HOA Y/N No
Year Built 1924
Lot Size 5,697 Sqft
Acres 0.1308
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.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Zoning LARD1.5
Interior
Heating None
Cooling None
Fireplace No
Exterior
Garage None
Parking Type None
Building
New Construction No
Others
Senior Community No
Tax ID 5035007023
Special Listing Condition Standard
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Bought with Shawn Raoufpour • Gold Realty