4805 S St Andrews Place
Los Angeles, CA 90062
3894 sqft | 7 beds | 0.17 acres | #24433751
Description
6.3% Cap Rate. (7.4% Cap Rate after ADU construction). Currently 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.
Interior Details
- Bedrooms7
Property Details
- Stories2
Measurements
- Acres0.1671
- Square Feet3894
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1950
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,195,000
Other
- MLS #24433751
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. 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
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Keith Brennan (#CLW-C107723)
Listing Office: Brennen Realty (#CLW-X80016)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
