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… Read More 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. Read Less
Courtesy of Keller Williams Realty Los Feliz 323-300-1000
Listing Snapshot
Days Online
14
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,216
Lot Size
0.16 Acres
Year Built
1941
MLS Number
25519469
30 Days Snapshot Of 90004
$1,485k
-35%
(avg) sold price
12
+9%
homes sold
54
+28%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,216 sq ft, Built in 1941, Levels: One
Cooling
Wall Unit(s), Window Unit(s)
Garage
Garage - 4+ Car
Heating
Central
Laundry
None
Lot
LotAcreage: 0.1645, LotSizeArea: 7,166
Parking
TotalParking: 7
Property
NumberOfUnits: 8, Zoning: LAR3
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