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13-Unit Apartment Building
For Sale
$1,900,000

1645 S St Andrews Pl, Los Angeles, CA 90019

The unit mix spans studio, one-bedroom, and two-bedroom apartments, with on-site parking.

Property Size6,827 SF
Lot Size0.21 Acres
Price / SF$278.31
Days on Market16

Property Features for 1645 S St Andrews Pl

General Information

Standard status Active
Size 6,827 SF
Total Parking Spaces 10
Lot size 0.21 Acres
Property subtype MULTI_FAMILY
Zoning LAR3

Financials

Asking Price $1,900,000
Cap Rate 5.52%
Average Monthly Rent $1,299

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 7 x studio, 4 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 13

Building Details

Building Size 6,827 SF
Year Built 1960
Listing Agency: Lyon Stahl Investment Real Estate, Inc.
Listed By: Taylor Avakian · License #02060040
Source: Benbelack
Added: Sep 30 Changed: Oct 15 Last Checked: Oct 15 at 1:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.

Investment Insights

Based on property information with market context.

This 13-unit apartment property was built in 1960 and contains 6,827 square feet on a 9,277-square-foot lot zoned LAR3. The unit mix includes seven studios averaging 410 square feet, four one-bedroom, one-bathroom apartments averaging 600 square feet, and two two-bedroom, one-bathroom apartments averaging 765 square feet. Ten parking spaces are on site. Twelve units are occupied, and one studio is vacant.

The property is one block west of Western Avenue in Los Angeles, with Koreatown to the north. Access to the I-10 and the Metro E Line’s Expo/Western station is noted. Turnover units subject to RSO can reset to market upon vacancy.

Key Highlights

  • 13 apartments across studio, one‑bedroom, and two‑bedroom layouts
  • 6,827 square feet on a 9,277‑square‑foot LAR3 lot
  • Seven studios average 410 square feet; four one‑bedroom units average 600 square feet

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,123
Businesses Nearby

Demographics for 90019, CA

62,002
Population
26,203
Households
2.4
Avg Household Size
38
Median Age
39%
College-Educated
80%
High-School Grad
3.9 sq mi
ZIP Area
15,898
Density / Sq Mi
$71,395
Median Household Income
$40,316
Median Earnings
$1,782
Median Rent
$1,178,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - The unit mix spans studio, one-bedroom, and two-bedroom apartments, with on-site parking.
Where is this apartment building located?
The property is located at 1645 S St Andrews Pl Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 13 apartments across studio, one‑bedroom, and two‑bedroom layouts; 6,827 square feet on a 9,277‑square‑foot LAR3 lot; Seven studios average 410 square feet; four one‑bedroom units average 600 square feet
More about this property
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