$1,650,000
SOLD AUG 19, 2025
12 Beds
10 Baths
5,368 Sq Ft
6,132 Sq Ft Lot

Recently Sold

$307 Per Sq Ft

17% Below List Price

119 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Laundry Facilities

About This Home

As of August 2025

We are delighted to present for sale a six-unit apartment complex situated at 947 South St. Andrews Place. Ideally positioned between Wilshire Boulevard and Olympic Boulevard, just west of Western Avenue, this property is situated in one of the most sought-after enclaves of Koreatown. Constructed with a wood frame/stucco blend, the property occupies a 6,132 square foot parcel. The unit configurations include one single unit, three two-bedroom/two-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. Amenities comprise an on-site laundry facility, on-site parking, and individual metering for electricity and gas. To provide further details, the installation of the water heater and the seismic retrofit have been recently completed and five of the six units underwent a thorough remodel eight years ago, featuring new custom kitchen cabinets, granite countertops, renovated bathrooms, new hardwood flooring, and updated air conditioning systems. All units have currently below-market lease rates and the new owner will have good space to improve CAP after the completion of the purchase. Close to Transportation, Market, Restaurant, Bar, and Shops. This property is offered "As Is," with no warranty or liability to the seller and brokers. Prospective buyers/agents/brokers are kindly requested not to disturb the current tenants.

Last Agent to Sell the Property

Hyun Jin Im

Epique Realty License #01989280 Listed on: 02/12/2025

Epique Realty

Co-Listed By

Eric Kim

Epique Realty License #02132637

Last Buyer's Agent

Koeun Hwang

Happy Haus Inc. License #01718399

Happy Haus Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 6,132 Sq Ft Lot

Interior Spaces

  • 5,368 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Parking

  • 5 Parking Spaces
  • Carport
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Vented Exhaust Fan
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5081-033-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 5368
  • Lot Acreage: 0.1408
  • Stories: 2
  • Year Built: 1963
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Linoleum, Wood
  • Bedrooms: 12
  • Laundry: Community
  • Total Bathrooms: 10.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal, Vented Exhaust Fan, Dishwasher
  • Price Per S Q F T: 333.46

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Assigned
  • Total Parking: 5

Utilities

  • Cooling: Central, Wall/Window
  • Heating: Wall, Central

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 497797
  • Assessed Land Percent: 75
  • Assessed Land Value: 1493399
  • Total Assessed Value: 1991196
  • Assessor Parcel Number: 5081-033-002
  • Lot Size Area: 6132

Rental Info

  • Total Actual Rent: 149508.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 11.97
  • Number Of Units: 6
  • Total Annual Expense: 44860.56
  • Type Of Units: Multi Units
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

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Range of Values:

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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
08/19/2025 08/19/25 Sold $1,650,000 -7.8% $307 / Sq Ft
06/11/2025 06/11/25 Pending -- -- --
03/24/2025 03/24/25 Price Changed $1,790,000 -10.1% $333 / Sq Ft
02/12/2025 02/12/25 For Sale $1,990,000 0.0% $371 / Sq Ft
12/20/2016 12/20/16 Rented $2,350 -2.1% --
12/12/2016 12/12/16 Price Changed $2,400 -4.0% $0 / Sq Ft
12/08/2016 12/08/16 For Rent $2,500 0.0% --
10/26/2016 10/26/16 Sold $1,750,000 -5.4% $326 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/03/2016 08/03/16 Price Changed $1,850,000 -2.6% $345 / Sq Ft
07/11/2016 07/11/16 For Sale $1,900,000 -- $354 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25497465

The MLS