Properties

Los Angeles, CA 90004 161 S St Andrews Place

Pending
161 S St Andrews Place Los Angeles, CA - Image 1161 S St Andrews Place Los Angeles, CA - Image 2161 S St Andrews Place Los Angeles, CA - Image 3
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Presented By: Sean Rosenzweig with Marcus & Millichap;
  • MLS# 25582121
  • 08/22/2025
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  • Beds • 21
  • Baths • 21
  • SQFT • 15,606
  • Garage • 1

Home Details

We are pleased to offer for sale a 21-unit apartment community located at 161 South St Andrews Place. The subject property is located just south of Beverly Boulevard, three blocks away from Larchmont Village - one of LA's most distinct and well-regarded neighborhoods. The property is comprised of one three story building, situated on an 8,490 square foot parcel. Consisting entirely of one-bedroom units, the layouts are spacious and feature patios (86% of units), A/C units and on-site parking for every unit. New Ownership will have the opportunity to add tremendous value as there is 37% remaining rental upside through interior renovations. As a result of the neighborhood's charm and desirability, there is robust demand for housing and long-term rent growth. The asset's location along with the value-add potential for a new owner make 161 South St Andrews an excellent acquisition opportunity. Disclosure of Legal Proceedings Ownership is currently involved in the following legal matters involving the property: Tenant Habitability Lawsuit: Los Angeles Superior Court Case No. 24STCV03171 Durwood v. Waheed, involving Unit #105 who still resides at the building. Employment-Related Lawsuit: Los Angeles Superior Court Case No. 23STCV03290 Durwood v. Canul, filed by the former on-site manager who has vacated the building. Broker has not independently verified the nature or details of the legal proceedings. Buyer is strongly advised to conduct their own due diligence, including a review of all relevant court documents, with counsel of Buyer's choosing. Buyer acknowledges they may not rely on any statements or information provided by Broker. Broker makes no representations or warranties regarding the status, substance, potential outcomes, or financial, legal, or property implications of any legal proceedings. Buyer assumes sole responsibility for the evaluation of these matters. PLEASE DO NOT DISTURB TENANTS
Presented By: Sean Rosenzweig with Marcus & Millichap;

Interior Features for 161 S St Andrews Place

Bedrooms

Total Bedrooms21

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths21

Other Interior Features

LivingAreaSourceAssessor
Total Stories3

General for 161 S St Andrews Place

Cap Rate5.51
CityLos Angeles
CountyLos Angeles
DirectionsWestern Avenue & Beverly Boulevard
Full Baths
Garage Y/NYes
Gross Income373956
HOANo
LevelsThree Or More
Living Area15606
Lot Size Square Feet8490
Lot Size UnitsSquare Feet
MLS AreaC18 - Hancock Park-Wilshire
Net Operating Income223012
New ConstructionNo
Number Of Units Total21
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1971
Year Built SourceAssessor
ZoningLAR3

Exterior for 161 S St Andrews Place

Building Area Total15606
Lot Size Acres0.1949
Lot Size Area8490
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesGarage
Total Parking21

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $4,050,000
MLS#25582121
List Date 08/22/2025
Property Type Multi-Family
Phone 888.795.6274
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