Average square foot calculated using Size range provided by listing agent.
Description
Presenting this 9-Unit Multifamily Opportunity in Prime Mid-City Los Angeles, a rare investment opportunity located at the high-visibility corner of St. Andrews Place and 18th Street in the heart of Mid-City Los Angeles — one of the city's most sought-after rental submarkets. This two-story, gated apartment building consists of 9 units with a favorable mix of studio, one-bedroom, and two-bedroom layouts, totaling approximately 7, 562 square feet of rentable space on an 8, 917 square foot corner lot. The property includes garage parking in the rear, with extra parking spaces for rent for tenants. Tenants are responsible for their own electric and gas utilities, offering investors lower operating costs. The asset benefits from close proximity to major freeway access points, retail corridors, public transit, and employment hubs, enhancing both tenant retention and future rental upside. Whether you're looking to stabilize for cash flow or reposition for long-term growth, this Mid-City asset checks all the boxes for savvy multifamily investors.Show Description
MLS® NumberSR25166663
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelNone
Exposure
Exterior
GarageYes
Approx. Age1946
Stories2
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
Heat
A/C
Heating Fuel
Extras
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