4805 S St Andrews Place, Los Angeles, CA 90062
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Listed Price :
$1,195,000
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Beds :
7
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Baths :
5
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Property Size :
3,894 sqft
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Year Built :
1950
Property 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 Features
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
5 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
4805 S St Andrews Place |
| City |
Los Angeles |
| State |
CA |
| Zip |
90062 |
| County |
Los Angeles |
| Listing Agent |
Keith Brennan DRE #01214434 |
| Courtesy Of |
Brennen Realty |
| List Price |
$1,195,000 |
| Status |
Active Under Contract |
| Type |
Residential Income |
| Structure Size |
3,894 |
| Lot Size |
7,280 |
| Year Built |
1950 |
Listing information courtesy of: Keith Brennan, Brennen Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 31st, 2024 at 6:03 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
