4805 S St. Andrews Pl
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4805 S St. Andrews Pl
5 Unit Apartment Building $1,195,000 ($239,000/Unit) 6.31% Cap Rate Los Angeles, CA 90062
Investment Highlights
- Approved permit for ADU garage conversion for one bedroom unit. Market rent is $1,995. The construction bid is $72,000
- Parking on site with access from alley
- Single family neighborhood
- 35% upside in rents
- Tenants pay trash expense
Executive Summary
Approved permit for ADU garage conversion. 35% upside in rents. 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.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $1,195,000 | Apartment Style | Low Rise |
| Price Per Unit | $239,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.31% | Building Size | 3,894 SF |
| Gross Rent Multiplier | 10.53 | No. Stories | 2 |
| No. Units | 5 | Year Built | 1950 |
| Property Type | Multifamily | Parking Ratio | 1.54/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | $1,195,000 |
| Price Per Unit | $239,000 |
| Sale Type | Investment |
| Cap Rate | 6.31% |
| Gross Rent Multiplier | 10.53 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,894 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 1.54/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+2 | 2 | - | - |
| 3+1 | 1 | $3,495 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 5015-005-033 | Total Assessment | $911,369 (2024) |
| Land Assessment | $750,540 (2024) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $160,829 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
5015-005-033
Land Assessment
$750,540 (2024)
Improvements Assessment
$160,829 (2024)
Total Assessment
$911,369 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
zoning
| Zoning Code | LAR2 |
| LAR2 |
-
Keith Brennan -
Brennan Realty
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4805 S St. Andrews Pl
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.