4805 S St Andrews Place

Los Angeles, CA 90062 Active for $1,195,000
 


Beds: 7  Baths: 5  Structure Size: 3,894 sqft  Lot Size: 7,280 sqft


Property Facts
MLS 24433751
Year Built 1950
Property Type
County Los Angeles
Status Active
Active $1,195,000
Structure Size 3,894 sqft
Lot Size 7,280 sqft
Beds 7
Baths 5

Description

6.3% Cap Rate. 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.

Listing information courtesy of: Keith Brennan, Brennen Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 09/19/2024 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.


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