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8 Beds
13 Baths
6,827 sqft

$1,900,000

1645 S St Andrews Place, Los Angeles CA, 90019

Price per sqft$278.31
Property size6,827 sqft
Property typeResidential
Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Overview

Active

Listed Sep 30, 2026

Updated 10h ago

1645 S St Andrews Pl | 13-Unit Value-Add Multifamily, Mid-City Los Angeles. 1960-built asset totaling 6,827 SF on a 9,277 SF LAR3 lot, one block west of Western Avenue with Koreatown to the north and quick access to the I-10 and the Metro E Line's Expo/Western station. The property features (7) studios averaging 410 SF, (4) 1BR/1BA units averaging 600 SF, and (2) 2BR/1BA units averaging 765 SF, plus 10 on-site parking spaces. Twelve of 13 units are occupied, with in-place rents averaging $1,299 against $1,820 at market a 40% gap and one studio delivered vacant for immediate lease-up. Offered at $1,900,000 ($146,154/unit | $278.31/SF) with a 5.52% current cap rate, the real story is turnover RSO units that reset to market at each vacancy, a 9.42% pro forma cap with no capital program assumed, and pricing 7% below the average of six recent comparable sales.

$12,641/mo

Est. mortgage payment based on a $1,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26102021

Interior Features

Bedrooms
8
Bathrooms
13
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Taylor Avakian CA DRE# 02060040 with Lyon Stahl Investment Real Estate, Inc. 916-996-4421

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/15/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/15/2026 at 5:47 AM UTC Last Checked: 5:47 AM UTC

 

 

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