1619 S St Andrews Place, Los Angeles, Los Angeles County, CA, 90019 Los Angeles CA US

USD 2300000 For Sale
MLS: SB23055620

Property Details

Bedrooms

6

Bathrooms

8

Neighborhood

Harvard Heights

Property Type

MultiFamily

Description

8,920 square foot lot with 4-unit MFR structure with permits ready to issue (RTI) plans for 23 residential units. Excellent location on a quiet residential street in the high demand Arlington Heights neighborhood of Mid-City Los Angeles. SB-8 exempt. Developer-friendly parking configuration with 12 first level covered spaces and bike storage (no subterranean parking). Strong deal economics with a projected exit value of $9,500,000 and 16,824 finished square feet. Attractive IRR possible through immediate ability to start construction after close. 4-Unit multi-family existing property allows for attractive purchase financing. Find out more about this property. Request details here

Location

Address

1619 South Saint Andrew's Place, Los Angeles, California 90019, United States

City

Los Angeles

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Real Estate Broker
Anthony Walker
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