
863 S St Andrews Place Los Angeles, CA 90005
Koreatown NeighborhoodEstimated payment $7,281/month
About This Home
This well-located R4-zoned duplex is being offered together with the adjacent 32-unit property located at 3701 W. 9th Street. This large 7,505 SF lot features a duplex with 2 Two-Bedroom units and will be delivered with the upstairs unit Vacant. The property is located in a Tier 3 Transit Oriented Community (TOC) allowing for additional density for development. Developers may explore additional incentives such as AB 2097, AB 2345 and ED 1 (Buyer to Verify).
Listing Agent
Greysteel California, Inc. Brokerage Phone: 310-382-6705 License #01991247
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,537
Year Built
- Built in 1909
Lot Details
- 7,507 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,860 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 11 / 5
- Assessor Parcel Number 5092024009
- $540 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $465
- Maintenance Expense $2,600
- Professional Management Expense $3,000
- Water Sewer Expense $2,900
- New Taxes Expense $14,280
- Operating Expense $25,000
- Gross Income $31,800
- Net Operating Income $36,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $7,537 | $583,531 | $468,603 | $114,928 |
2023 | $7,401 | $572,090 | $459,415 | $112,675 |
2022 | $7,074 | $560,873 | $450,407 | $110,466 |
2021 | $6,975 | $549,876 | $441,576 | $108,300 |
2019 | $6,775 | $533,569 | $428,480 | $105,089 |
2018 | $6,589 | $523,108 | $420,079 | $103,029 |
2016 | $6,282 | $502,797 | $403,768 | $99,029 |
2015 | $6,193 | $495,246 | $397,704 | $97,542 |
2014 | $6,225 | $485,546 | $389,914 | $95,632 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/07/2025 04/07/25 | For Sale | $1,200,000 | -- | $420 / Sq Ft |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | None Listed On Document |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $184,000 | Unknown |
Similar Homes in the area
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25075751

APN: 5092-024-009
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