Active
1619 St. Andrews Pl, Los Angeles
- Totally vacant 4-unit multi-family property on an 8,920 square foot lot
- Development potential – delivered with plans for 23 or 30 residential units
- Excellent location on a quiet residential street in the high demand Arlington Heights neighborhood of Mid-City Los Angeles
- No parking required
- Totally vacant 4-unit multi-family existing
- Plans are currently in city review under planning designation: PL 90019 – Case(s): PAR-2024-5927-AHRF
Property Details
- Units: 4
- Gross Rent Multiplier: 11.16
- Cap Rate: 5.3
Download Offering Memorandum
Contact Listing AgentPrice
$1,125,000
Annual Income
$100,800
Annual NOI
$59,096
Annual Expense
$36,664
Rental Cost Details
| # OF UNITS | # OF BEDROOMS | # OF BATHS | ACTUAL RENT | TOTAL RENT | PRO FORMA | TOTAL PRO FORMA |
| 1 | 2 | 1 | $0 | $0 | $2,300 | $2,300 |
| 1 | 2 | 1 | $0 | $0 | $2,300 | $2,300 |
| 1 | 1 | 1 | $0 | $0 | $1,900 | $1,900 |
| 1 | 1 | 1 | $0 | $0 | $1,900 | $1,900 |
| TOTAL # OF UNITS | TOTAL # OF BEDROOMS | TOTAL # OF BATHS | GRAND TOTAL RENT | GRAND TOTAL PRO FORMA | ||
| 4 | 6 | 4 | $0 | $8,400 |
Let’s Discuss This Property
Please fill out the form below and we’ll get back to you as soon as we can.
