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. Two units recently became vacant… Read More and 6 units are occupied by responsible tenants. The property offers a CAP rate of 5.07% and a GRM of 13.70. 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
121
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,216
Lot Size
0.16 Acres
Year Built
1941
MLS Number
26841451
Additional Details
Appliances & Equipment
Other
Building
6,216 sq ft, Built in 1941, Levels: One Level, Other
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
