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$889,000

Beds
3
sq ft
1,970

5419 S St Andrews Pl, Los Angeles, CA 90062

5419 S St Andrews Pl

Los Angeles, CA 90062

  • 65 days on market
LOCATION LOCATION LOCATION! This incredible multi-unit investment property in the heart of Los Angeles features 3 units + a 2-car garage primed for possible ADU conversion. Updated electric and heating + washer/dryer hookups in each. All units individually metered for gas and electric. Front unit will be delivered vacant. Centrally located with quick access to Leimert Park, Expo Park, West Adams + DTLA and the 110 FWY. Property to be sold in AS-IS condition. Excellent cash flow potential. Don't miss this fantastic investment opportunity! NOTE: This property is being sold on its own, but if you are interested in additional properties, this is one of four multi-units in a larger portfolio all within one mile of each other in 90062. Other addresses are 5162 Ruthelen St, 5166 S Manhattan Pl and 5722 S Manhattan Pl. Contact listing agents for more info.

Details

Property type

Est. home value

$827,099

Lot size

6,865 sq ft

Price per sq ft

$452

Year built

1923

HOA

No

Price History

07/17/2024
CLAW

CLAW #24347889

Removed
$889,000
07/17/2024
CLAW

CLAW #24415421

Listed
$889,000
05/31/2024
CLAW

CLAW #24347889

Listed
$889,000

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

East West Bank

Loan start date

January 2021

Original loan amount

$1,400,000

Est. remaining balance

Not provided

Interest rate

2.86%

Loan type

Commercial

Seller

Lunada Bay Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/20/2024 at 9:35 AM

Listing updated: 07/26/2024 at 2:13 PM

Listed by: Karlyn Nelson, Compass Phone #: (310) 230-5478

MLS: CLAW #24415421

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