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105 S St Andrews Pl

Los Angeles, CA 90004
  • $3,550,000
  • STATUS: Active Under Contract
  • ON SITE: 121 Days
  • MLS #: 23-340627
Under Contract
$3,550,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

This prime 18-unit multi-family development site is located in Hancock Park, Los Angeles, at 105 S St Andrews Place. The development is currently under construction and the concrete podium has been completed. The location of the site is highly desirable, with close proximity to Downtown Los Angeles, Beverly Hills, and Hollywood. Residents will have easy access to endless local attractions, as well as a variety of restaurants and bars in the area.This Development offers three (3) one-bedroom two-bath affordable housing units measuring approximately 888 square feet, one (1) one-bedroom two-bath unit measuring approximately 888 square feet, four (4) one-bedroom two-bath apartments each measuring approximately 917 square feet, five (5) two-bedroom two-bath units each measuring approximately 870 square feet, and five (5) two-bedroom two-bath units each measuring approximately 888 square feet. There are fourteen (14) parking spaces, single-level subterranean garage. The average unit size is approximately 889 square feet. Three (3) units are designated for affordable housing (ELI). The gym on the ground floor has the potential to be converted into an apartment through the ADU ordinance. Additionally, the one-bedroom apartments with two bathrooms have identical floor plans to the two-bedroom apartments with two bathrooms, which means there is a possibility to eventually convert these one-bedroom units into two-bedrooms. This presents a unique opportunity for those interested in investing in this property.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-03T23:43:14.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.desertarealuxuryhomes.com/homes/146133332
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105 S St Andrews Pl Los Angeles, CA 90004

  • Price: $3,550,000
  • Status: Active Under Contract
  • On Site: 121 Days
  • MLS #: 23-340627
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
Hancock Park-Wilshire
County:
Los Angeles
Area:
Hancock Park-Wilshire
Property Description
This prime 18-unit multi-family development site is located in Hancock Park, Los Angeles, at 105 S St Andrews Place. The development is currently under construction and the concrete podium has been completed. The location of the site is highly desirable, with close proximity to Downtown Los Angeles, Beverly Hills, and Hollywood. Residents will have easy access to endless local attractions, as well as a variety of restaurants and bars in the area.This Development offers three (3) one-bedroom two-bath affordable housing units measuring approximately 888 square feet, one (1) one-bedroom two-bath unit measuring approximately 888 square feet, four (4) one-bedroom two-bath apartments each measuring approximately 917 square feet, five (5) two-bedroom two-bath units each measuring approximately 870 square feet, and five (5) two-bedroom two-bath units each measuring approximately 888 square feet. There are fourteen (14) parking spaces, single-level subterranean garage. The average unit size is approximately 889 square feet. Three (3) units are designated for affordable housing (ELI). The gym on the ground floor has the potential to be converted into an apartment through the ADU ordinance. Additionally, the one-bedroom apartments with two bathrooms have identical floor plans to the two-bedroom apartments with two bathrooms, which means there is a possibility to eventually convert these one-bedroom units into two-bedrooms. This presents a unique opportunity for those interested in investing in this property.
Exterior Features

Lot Description Curbs Lot Location Corner Lot Lot Size Area 8567 View Description None View YN No

Property Features

Cable YN Yes Disclosures Affordable Housing QualifiedBuilding Plans AvailableBuilding Permit Electric On Site Gas On Site Sale Type Standard Site Description City Source Lot Size Area Plans Water On Site Zoning LAR3

Listing provided courtesy of David Kaufman DRE#01217537 of David Ballin Kaufman: 310-877-8600.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2024-04-03T23:43:14.5. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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