5734 S St Andrews Pl

Los Angeles CA 90062

2930 sq. ft.

6048 sq. ft.

Other

Last sold for $1,300,000

Kelly Morgan, last sold this property on 31 October 2023 after 116 days on market.

Overview

*$50K PRICE REDUCTION* Four recently completed & exquisitely renovated units South of USC. Seller is in the process of leasing the last two units and based on the first two units already leased this will be at least a 7.4%+ cap rate presumably higher. The large 3+2 unit has an upper bonus study/living room area and potential FOURTH BEDROOM area. This is a gentrifying location. They recently built the Chesterfield Square mall with Starbucks, Jamba Juice, Walgreens, Panda Express, Food 4 Less, Home Depot, etc. All are a 5 minute walk away. Plus they are building 44 brand new luxury units at the end of the block. This location is Very Walkable - 78 Walk score and is a Transportation Oriented Development area that has attracted $2 Billion Dollars in new development and investors are eyeing additional multi-use developments. All of this is in the marketing package. ***PLEASE REQUEST A MARKETING PACKAGE***

Features

8 bedrooms

6 bathrooms

2930 sq. ft. floor area

6048 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 8 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 5734 S St Andrews Pl

2023

Sold

$1,300,000

31 Oct 2023 by Kelly Morgan, of Houze Real Estate Management

2022

Sold

$630,000

09 Sep 2022 by Lance Potts, of Berkshire Hathaway HomeServices California Properties (Santa Monica, 90403)

Happy sellers in Los Angeles

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