NOT LISTED FOR SALE

686 S St Andrews Place Los Angeles, CA 90005

Koreatown Neighborhood
16 Beds
16 Baths
11,600 Sq Ft
10,107 Sq Ft Lot

Last Sold December 29, 2020

Last sale price $3,450,000 $297 Per Sq Ft

64 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • 14 Car Garage
  • Corner Lot
  • Ceiling Fan
  • North Facing Home

About This Home

As of December 2020

JUST REDUCED $50,000! 686 S St Andrews Pl is a 16-unit value-add opportunity in the highly desirable Mid-Wilshire/Koreatown submarket. Built in 1957, this Postmodern Pop-style building underwent a facelift remodel in 1989. The 11,600 SF structure is situated on a 10,107 SF, LAR4-2 zoned lot w/ 14 garage parking spaces, communal courtyard + on-site laundry. Approx. 75% of the building's plumbing was upgraded to copper lines. It is separately metered for gas/electric. The 16(1+1) units vary in layout+design w/ select interiors featuring hardwood floors, original tiled bathrooms + stainless steel appliances. Required City of LA Seismic Retrofitting work has not yet been completed. The central location offers easy access to surrounding neighborhoods, including the revitalized West Adams. Close to the 10, 101 + 110 freeways. 2 blocks from the Wilshire/Western Metro Purple Station.

Last Agent to Sell the Property

Matthew Kanner

Keller Williams Realty Los Feliz License #01349203 Listed on: 09/09/2020

Keller Williams Realty Los Feliz

Last Buyer's Agent

Matthew Kanner

Keller Williams Realty Los Feliz License #01349203 Listed on: 09/09/2020

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,107 Sq Ft Lot
  • North Facing Home
  • Corner Lot

Parking

  • 14 Car Garage
  • Assigned Parking

Interior Spaces

  • 11,600 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Freezer

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 16 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Central Water Heater

Community Details

  • 16 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5093-005-013

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

14

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 11600
  • Lot Acreage: 0.2320
  • Stories: 2
  • Year Built: 1957
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven, Range
  • Bedrooms: 16
  • Laundry: Laundry Area
  • Total Bathrooms: 16.00
  • Equipment: Ceiling Fan, Range/Oven, Refrigerator, Freezer
  • Price Per S Q F T: 331.90

Exterior Features

  • Direction Faces: North
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 14
  • Parking Garage: Garage, Assigned
  • Total Parking: 14

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Wall/Window, Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessor Parcel Number: 5093-005-013
  • Lot Location: Corner Lot
  • Lot Size Area: 10107

Rental Info

  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.63
  • Number Of Units: 16
  • Rent Control: 100
  • Total Annual Expense: 99360
  • Type Of Units: 16 (1+1)
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $3,450,000 -10.4% $297 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
09/25/2020 09/25/20 Price Changed $3,850,000 -1.3% $332 / Sq Ft
09/09/2020 09/09/20 For Sale $3,900,000 0.0% $336 / Sq Ft
09/12/2017 09/12/17 Rented $1,595 0.0% --
08/28/2017 08/28/17 For Rent $1,595 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matthew Kanner

    Seller's Agent in 2020

    Matthew Kanner

    Keller Williams Realty Los Feliz

    (323) 300-1000

    4 in this area

    18 Total Sales

    Matthew Kanner
    Section Image
  • Cynthia Keyser

    Seller's Agent in 2017

    Cynthia Keyser

    Nest Seekers

    (818) 223-1750

    2 Total Sales

    Cynthia Keyser
    Section Image
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Map

Source: The MLS

MLS Number: 20-625312

The MLS
California Los Angeles County Los Angeles 90005 Koreatown

686 S St Andrews Place, Los Angeles, CA

This home is located at 686 S St Andrews Place, Los Angeles, CA 90005 since 09 September 2020. This property was built in 1957. 686 S St Andrews Place is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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