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406 S St Andrews PlaceLos Angeles, CA 90020

For Sale

$2,790,000

Smart Buyer Rebate $27,900

406 S St Andrews Pl presents a lender-owned multifamily opportunity with seller financing available, offering investors enhanced leverage and flexible acquisition terms. Built in 1960, this 10,868 SF, 11-unit property sits on a 9,015 SF lot and features a well-balanced unit mix in the heart of Koreatown, one of Los Angeles' most supply-constrained rental submarkets. The asset offers stable in-place income with immediate upside through interior renovations and lease-up of current vacancies. The property benefits from rare on-site parking for Koreatown, on-site laundry, and separately metered gas and electric, driving operational efficiency. Located north of Wilshire Boulevard and west of Western Avenue, and within mile of the Wilshire/Western D Line Station, the asset is positioned for both strong long-term tenant demand and future redevelopment potential through ADUs or density bonus programs (buyer to verify). This is a highly executable value-add opportunity with multiple paths to grow NOI and long-term equity.

Listed by Tony Azzi

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License #00910513

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Tony Azzi

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310-909-5454

Last updated December 05, 2025

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Source: CRMLS #25626247

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestminster Square
  • Bedrooms27
  • Days on Prevu17
  • Size10,868 sqft
  • Price per sqft$257

Amenities

  • Parking

Location

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Listing History

11/24/2025
Listed by Tony Azzi
$2,790,000

Property Details for 406 S St Andrews Place

Exterior

Construction

  • Number Of Units Total: 11
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1960

Measurements

  • Building Area Total: 10,868
  • Lot Size Acres: 0.20
  • Lot Size Area: 9,015
  • Lot Size Source: Other
  • Lot Size Square Feet: 9,015
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.89
  • Gross Income: $310,114.00

Taxes

  • Parcel Number: 5503016019

Interior

Measurements

  • Living Area: 10,868

Rooms

  • Bathrooms Total Integer: 28
  • Bedrooms Total: 27

Parking

Parking

  • Attached Garage: Yes
  • Parking Features: Covered, Uncovered
  • Parking Total: 20

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 27 bedrooms in this multi-family home at 406 S St Andrews Place.

Does this multi-family home have parking?

Yes, there are 20 parking spaces available for 406 S St Andrews Place.

What is the square footage on this multi-family home?

According to the MLS, this listing is 10,868 sqft.

406 S St Andrews Place is a 27-bedroom multi-family home for sale in Los Angeles CA 90020. Available on Prevu for 17 days at $2,790,000. This home features 10,868 square feet of living space, located in Westminster Square. The median listing price for multi-family homes in this area is $479,000. The home offers parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.