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$4,490,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 24 Total Beds
  • Updated 20 hours ago
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100% Leased. Stabilized Asset. Perfect for a 1031 Exchange. Offered as a highly motivated Trust Sale! Free and clear of debt, NO court confirmation required! This 20-unit multifamily delivers immediate, verified cash flow at a 6.22% cap rate, with a clear path to 8.41% pro-forma as the ~80% of below-market units turn over. Set at the gateway between Hancock Park and Koreatown, built 1961 on a 14,201 SF LAR3 lot (14,520 SF building); 16 1BD/1BA + 4 2BD/2BA units. A rare 1.15:1 subterranean parking ratio (23 spaces, well above submarket norm) drives strong tenant retention. Individually metered gas & electric, with water sub-metering currently being installed unit-by-unit. Steps to Metro B & D Line - with renter demand accelerating ahead of the 2028 LA Olympics!

Full Property Details for 127 S St Andrews Pl

General

  • Price: $4,490,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26858349
  • Updated: 7/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 24

Bedrooms

  • Total Bedrooms: 24

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Security/Safety: Gated
  • Other Features: None

Parking

  • Garage Description: Assigned, Covered Parking, Community Garage

Location

  • Area: Hancock Park-Wilshire
  • County: Los Angeles
  • Driving Directions: From Wilshire Blvd, head north on Western Ave, turn left (west) onto Beverly Blvd, then left (south) onto S St. Andrews Pl; property is located on the west side of the street, mid-block between Beverly Blvd and 1st St.

School Information

  • School District: Los Angeles Unified

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Architectural Style: Contemporary
  • Common Walls: Attached
  • Entry Location: Main Level
  • Stories/Levels: 0
  • Square Feet: 14,520
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1961
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 20
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 2
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Walk Street
  • Lot Size (Acres): 0.3261
  • Lot Size: 14205
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 100 x 142
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $309.23
  • Assessment Year: 1961
  • Owner Pays: Water
  • Tenant Pays: Gas, Electricity, Water

Disclosures and Reports

  • Disclosures/Reports: Court Approval Not Required, Trust/Conservatorship
  • APN: 5516-022-017

Listed by Urban Real Estate, Inc., Yong Su Koh

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Listing agent

— 127 S St Andrews Pl —

  • Yong Su Koh

    Urban Real Estate, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 127 S St Andrews Pl

School District:Los Angeles Unified School District
NameGradesDistance
Charles H. Kim Elementary School
225 South Oxford Avenue, Los Angeles, CA 90004
K-50.2 mi
John Burroughs Middle School
600 McCadden Place, Los Angeles, CA 90005
7-81.5 mi
Los Angeles Senior High School
4650 West Olympic Boulevard, Los Angeles, CA 90019
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 127 S St Andrews Pl Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/10/2026
Listed
$4,490,000
253.54%
MLS
3/16/1989
Sold
$1,270,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 127 S St Andrews Pl

Year
Property Taxes
Change
Tax Assessment
Change
2025
$30,661
3%
$2,383,278
4%
2023
$29,632
5%
$2,291,454
2%
2022
$28,317
1%
$2,246,539
2%
2021
$27,905
-1%
$2,202,504
1%
2020
$28,169
4%
$2,179,929
2%
2019
$27,105
1%
$2,136,480
2%
2018
$26,883
2%
$2,094,589
2%
2017
$26,285
3%
$2,053,520
2%
2016
$25,563
1%
$2,013,256
2%
2015
$25,206
-1%
$1,983,016
2%
2014
$25,411
—
$1,944,172
—
2013
$25,406
—
$1,935,386
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Urban Real Estate, Inc., Yong Su Koh

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127 S St Andrews Pl, Los Angeles, CA 90004 (MLS# 26858349) is a Multi-Family property with units containing 24 bedrooms and 0 full bathrooms. 127 S St Andrews Pl is currently listed for $4,490,000 and was received on July 10, 2026. Want to learn more about 127 S St Andrews Pl? Do you have questions about finding other Multi-Family real estate for sale in Hancock Park? You can browse all Hancock Park real estate or contact a Coldwell Banker agent to request more information.

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