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810 S St Andrews Pl

18 Unit Apartment Building $5,555,280 CAD ($308,627 CAD/Unit) 5.04% Cap Rate Los Angeles, CA 90005

Investment Highlights

  • 18-Units, built 1932
  • Walk Score of 94 – Walkers Paradise
  • Located in proximity to shopping, dining and entertainment options
  • Unit Mix: (18) 1+1
  • Easy access to the 10, 110, 5 and 60 Freeways
  • 15,260 square foot building on a 6,874 square foot lot zoned LAR4

Executive Summary

Matthews Real Estate Investment Services is excited to present this 18-unit multifamily property located at 810 South Saint Andrews Place, right in the vibrant heart of Hancock Park. Built in 1932, this three-story masonry building showcases timeless charm with eighteen spacious 1-bedroom, 1-bath units, each offering an impressive 850 square feet of living space.
The property spans 15,260 square feet and has been thoughtfully upgraded with copper plumbing and a new waste line just two years ago, offering peace of mind for any investor. Zoned LAR4 and set on a 6,875-square-foot lot, this building is primed for both stability and future potential.
Situated just south of 8th Street and two blocks west of Western Avenue, tenants enjoy easy access to Hancock Park's eclectic mix of restaurants, cafes, boutiques, and nightlife. The Wilshire/Western Station is just a 7-minute walk away, offering exceptional convenience for public transit access. Its location also provides seamless connectivity to Larchmont Village, Miracle Mile, Koreatown, Hollywood, and Downtown LA, with nearby access to the 110, 101, and 10 Freeways. Hancock Park remains one of LA’s most dynamic entertainment hubs, making this property an attractive option for tenants seeking proximity to major production studios and cultural hotspots.

Data Room Click Here to Access

Property Facts

Price $5,555,280 CAD
Price Per Unit $308,627 CAD
Sale Type Investment
Cap Rate 5.04%
Gross Rent Multiplier 10.73
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.16 AC
Building Size 15,260 SF
Average Occupancy 100%
No. Stories 3
Year Built 1932

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 18 - 850
Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5093-002-013
Land Assessment
$3,224,872 CAD
Improvements Assessment
$2,316,044 CAD
Total Assessment
$5,540,916 CAD

zoning

Zoning Code LAR4
LAR4
  • Listing ID: 33858497

  • Date on Market: 2024-11-13

  • Last Updated:

  • Address: 810 S St Andrews Pl, Los Angeles, CA 90005

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