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Key Details
Sold Price $1,650,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,368 sqft
Price per Sqft $307
MLS Listing ID 25497465
Sold Date 08/19/25
Bedrooms 12
Year Built 1963
Lot Size 6,132 Sqft
Acres 0.1408
Property Sub-Type Multi-Family
Property Description
We are delighted to present for sale a six-unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought-after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two-bedroom/two-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Amenities comprise an on-site laundry facility, on-site parking, and individual metering for electricity and gas. To provide further details, the installation of the water heater and the seismic retrofit have been recently completed and five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below-market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.
Location
State CA
County Los Angeles
Area Hancock Park-Wilshire
Zoning LAR3
Rooms
Other Rooms None
Interior
Heating Wall, Central
Cooling Central, Wall/Window
Flooring Linoleum, Wood
Equipment Range/Oven, Refrigerator, Garbage Disposal, Vented Exhaust Fan, Dishwasher
Laundry Community
Exterior
Parking Features Carport, Assigned
Garage Spaces 5.0
Building
Story 2
Level or Stories Two
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Happy Haus Inc.
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Ivan Perez
Broker Associate | License ID: 01952891
Broker Associate License ID: 01952891