406 S St Andrews Place, Los Angeles, CA 90020

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
406 S St Andrews Place,Los Angeles, CA 90020
$2,790,000
  • 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:$2,790,000
  • Price per sq. ft.:$256.72

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:8 day(s) ago
  • Updated:December 06, 2025 at 02:34 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:$2,790,000
  • Price per sq. ft.:$256.72
Based on information from California Regional Multiple Listing Service, Inc. as of December 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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