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$1,850,000price
10Beds
10Total Baths
6,256Sqft

Pleased to present a rare opportunity to acquire a well sought out piece of real estate in one of the most desirable areas in Los Angeles, Hollywood. This charming courtyard style property is located at 714 n st Andrews Pl just north of Melrose Ave, it is comprised of ten, one bedroom, one bathroom spacious units making it a 6,256 SQFT building on a 8,234 SQFT LARD 1.5 lot. Each unit has its own separate gas and electric meter and individual water heaters. This property has been very well maintained, passed its 2017 SCEP inspection, has a new roof, and a few units have also been remodeled and still have lots of upside in their rents. This property is a true value add deal and the perfect property for an investor looking for an income generating property and also a great 1031 exchange candidate. Centrally located, this property is near many popular restaurants, gas station, schools, metro line and 101 freeway.

Listing Details

Essential Information

MLS® #: 17231520
Price: $1,850,000
Bedrooms: 10
Bathrooms: 10.00
Square Footage: 6,256
Year Built: 1923
Type: Income
Status: Pending

Community Information

Address: 714 N St Andrews Pl
Area: Hollywood (C20)
City: Los Angeles (City)
County: Los Angeles
State: CA
Country: UNITED STATES OF AMERICA
Zip Code: 90038

Amenities

Parking: On street, None

Interior

Interior Features: Other
Heating: Wall Heater
Cooling: None
# of Stories: 2

Additional Information

Date Listed: May 10th, 2017
Days on Market: 148
Zoning: LARD1.5
HOA Fees: 0.00

Financials

$/SqFt: $296
Listing Agent: Yohann Bensimon (01966630)
Listing Office: Keller Williams Hollywood Hills
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Last updated on November 21st, 2017 at 1:48am PST