NOT LISTED FOR SALE

957 N Saint Andrews Place Los Angeles, CA 90038

Hollywood Neighborhood
7 Beds
6 Baths
3,337 Sq Ft
6,076 Sq Ft Lot

Last Sold August 09, 2024

Last sale price $1,050,000 $315 Per Sq Ft

76 Days on Market

Highlights

  • Fireplace in Kitchen
  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • STEM Academy at Bernstein High Rated A-
  • Laundry Room

About This Home

As of August 2024

Located in a prime Hollywood pocket, surrounded by various shops, restaurants and cafes. This apartment consist of 5 units in total. Two out of the four units in the rear are upgraded, as well as the front house. All five units are currently occupied. The unit breakdown includes four 1 bedroom 1 bathroom units and one 3 bedroom 1.25 bathroom front house. There are 4 parking spaces in the back and 2 additional open spaces for the front house. Plumbing was updated last year for both buildings. Just minutes away from Koreatown, Los Feliz, Larchmont Village, Santa Monica Boulevard and much more, this property is a unique find in today's market!

Last Agent to Sell the Property

RICHARD KIM

REAL BROKER Brokerage Phone: 213-434-2253 License #02111101 Listed on: 04/02/2024

Last Buyer's Agent

Fred Nabati

Trimax Realty, Inc. License #01276914

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 6,076 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 3,337 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 14
  • Tax Tract Number 873
  • Assessor Parcel Number 5535005022
  • $924 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $2,136
  • Gardener Expense $960
  • Insurance Expense $2,546
  • Water Sewer Expense $3,905
  • Operating Expense $9,547
  • Gross Income $121,752
  • Net Operating Income $97,352

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • CapRate: 6.95
  • Price Per Unit: 265000
  • Property Attached: Yes
  • Water Sewer Expenses: 3905.00
  • Zoning: LARD1.5
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 5535005022
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Fireplace Features: Family Room, Kitchen, Living Room, Electric, Gas
  • Levels: Two
  • Price Per Square Foot: 314.65

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Natural Gas
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6076.00
  • Lot Size Acres: 0.1395
  • Latitude Manual: 34.08785300

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Fuel Expense: 2136.00
  • Gross Income: 121752.00
  • Gross Scheduled Income: 121752.00
  • Insurance Expense: 2546.00
  • Lot Size Area: 6076.0000 Square Feet
  • Net Operating Income: 97352.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Disposal: 5
  • Number With Range: 5
  • Operating Expense: 24400.00
  • Rent Control: Yes
  • Total Actual Rent: 10146.00
  • Total Expenses: 9547.00

Tax Info

  • Tax Census Tract: 1917.20
  • Tax Lot: 14
  • Tax Tract Number: 873
  • TaxOtherAnnualAssessmentAmount: 924.00

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
08/09/2024 08/09/24 Sold $1,050,000 -20.8% $315 / Sq Ft
06/07/2024 06/07/24 Price Changed $1,325,000 -1.9% $397 / Sq Ft
05/10/2024 05/10/24 Price Changed $1,350,000 -3.6% $405 / Sq Ft
04/02/2024 04/02/24 For Sale $1,400,000 0.0% $420 / Sq Ft
08/08/2023 08/08/23 Rented $3,300 0.0% --
06/29/2023 06/29/23 For Rent $3,300 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24064487

California Regional Multiple Listing Service (CRMLS)