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Listing Details

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School Ratings & Info

Description

I am pleased to present the opportunity to acquire 3795 South Saint Andrews Place, an eight-unit (7+1NC) apartment community in Jefferson Park. 3795 South Saint Andrews Place is situated just south of Exposition Boulevard in a dense infill pocket of Los Angeles. The well-maintained property built in 1940 consists of one single, five one-bedroom units and two two-bedroom units. Its 5,255 square foot lot is located within a highly desirable pocket of Jefferson Park Los Angeles. It is walking distance to the main transit intersection of Exposition & Western, enabling resident access to all of Los Angeles through the Los Angeles Metro Rail. This location provides convenient access to daily errands, retail and entertainment venues. The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to upgrade the unrenovated units to achieve superior future returns moving forward makes 3795 South Saint Andrews Place an excellent investment opportunity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/118017936
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3795 S Saint Andrews Pl Los Angeles, CA 90018

  • Price: $1,600,000
  • Status: Active
  • Updated: 33 min ago
  • MLS #: 21-746280
9
Beds
0
Baths
0
½ Baths
0.13
Acres
5,255
SQFT
$304
$/SQFT
1940
Built
Neighborhood:
Park Hills Heights
County:
Los Angeles
Area:
Park Hills Heights
Property Description
I am pleased to present the opportunity to acquire 3795 South Saint Andrews Place, an eight-unit (7+1NC) apartment community in Jefferson Park. 3795 South Saint Andrews Place is situated just south of Exposition Boulevard in a dense infill pocket of Los Angeles. The well-maintained property built in 1940 consists of one single, five one-bedroom units and two two-bedroom units. Its 5,255 square foot lot is located within a highly desirable pocket of Jefferson Park Los Angeles. It is walking distance to the main transit intersection of Exposition & Western, enabling resident access to all of Los Angeles through the Los Angeles Metro Rail. This location provides convenient access to daily errands, retail and entertainment venues. The continued gentrification of the surrounding area along with the remaining value-add potential for a new owner to upgrade the unrenovated units to achieve superior future returns moving forward makes 3795 South Saint Andrews Place an excellent investment opportunity.
Exterior Features

Lot Size Area 5462 Other Structures None Parking Garage Uncovered Total Parking 2

Interior Features

Baths Total 8.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 1114267 Gross Income 119688 Gross Operating Income 116097 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 75885.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 40213 Type Of Units 8 (7+1NC) Year Built Source Assessor Zoning Lar1

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211