Under Contract

105 S St Andrews Pl

Los Angeles CA, 90004

$3,550,000


$414.38 per sqft

Under Contract

0.2 Acres

Land

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.

23-340627

MLS ID

December 18, 2023

Listed

April 5, 2024

Updated

Map

105 S St Andrews Pl
Los Angeles CA, 90004

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Curbs

Other Property Details

Area Name

Hancock Park-Wilshire


Days on Market

99


Garage

No


View

No


View Description

None


County

Los Angeles


Water Source

On Site


Pool

No


Zoning

LAR3

Listing History

Date

Event

Price

3/26/2024

Under Contract

1/26/2024

Price Change

$3,550,000

-11%

Listed by David Kaufman with David Ballin Kaufman
Listing Contact: 310-877-8600 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 4/5/2024

Powered byLuxury Presence