4805 St Andrews Place, Los Angeles, CA 90062
  • MLS#: 24433751 ( )
  • Street Address: 4805 St Andrews Place
  • Viewed: 2
  • Price: $1,195,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 80
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90062
  • Provided by: Brennen Realty
  • Contact: Keith Keith
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    6.3% Cap Rate. (7.4% Cap Rate after ADU construction). Currently 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.
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Features
Appliances
  1. Refrigerator
Building Area Total
  1. 3894.00
Cooling
  1. None
Country
  1. US
Direction Faces
  1. North
Entry Location
  1. Ground Level - no steps
Heating
  1. Electric
Levels
  1. Two
Netoperatingincome
  1. 75353.00
Parcel Number
  1. 5015005033
Parking Features
  1. None
Postalcodeplus4
  1. 2221
Sourcesystemkey
  1. 24-433751:CLAW
Tenant Pays
  1. Electricity
  2. Trash Collection
Totalexpenses
  1. 34761.00
Uncovered Spaces
  1. 6.00
Year Built
  1. 1950
Zoning
  1. LAR2