406 S St Andrews Place, Los Angeles, CA 90020

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
406 S St Andrews Place,Los Angeles, CA 90020
$2,475,000
  • 27 Beds
  • 28 Baths
  • 10,868 sq. ft.
  • Multi-family
  • Active
Listed by: tony azzi
Office: tony azzi
MLS#:25626247
Source:CRMLS

Price summary

  • Price:$2,475,000
  • Price per sq. ft.:$227.73

About this home

406 S St Andrews Pl presents a lender-owned multifamily opportunity with seller financing available, offering investors enhanced leverage and flexible acquisition terms. Built in 1960, this 10,868 SF, 11-unit property sits on a 9,015 SF lot and features a well-balanced unit mix in the heart of Koreatown, one of Los Angeles' most supply-constrained rental submarkets. The asset offers stable in-place income with immediate upside through interior renovations and lease-up of current vacancies. The property benefits from rare on-site parking for Koreatown, on-site laundry, and separately metered gas and electric, driving operational efficiency. Located north of Wilshire Boulevard and west of Western Avenue, and within mile of the Wilshire/Western D Line Station, the asset is positioned for both strong long-term tenant demand and future redevelopment potential through ADUs or density bonus programs (buyer to verify). This is a highly executable value-add opportunity with multiple paths to

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Home facts

  • Year built:1960
  • Listing ID #:25626247
  • Added:56 day(s) ago
  • Updated:January 26, 2026 at 09:28 PM

Rooms and interior

  • Bedrooms:27
  • Total bathrooms:28
  • Living area:10,868 sq. ft.

Structure and exterior

  • Year built:1960
  • Building area:10,868 sq. ft.
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$2,475,000
  • Price per sq. ft.:$227.73
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