810 S St Andrews Pl
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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.
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.
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Property Facts
Price | $5,555,280 CAD | Apartment Style | Low Rise |
Price Per Unit | $308,627 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.16 AC |
Cap Rate | 5.04% | Building Size | 15,260 SF |
Gross Rent Multiplier | 10.73 | Average Occupancy | 100% |
No. Units | 18 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1932 |
Property Subtype | Apartment |
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 |
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Walk Score ®
Walker's Paradise (95)
Transit Score ®
Excellent Transit (77)
PROPERTY TAXES
Parcel Number | 5093-002-013 | Improvements Assessment | $2,316,044 CAD |
Land Assessment | $3,224,872 CAD | Total Assessment | $5,540,916 CAD |
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 |
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