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Courtyard Apartment Building
New
For Sale
$1,995,000

714 N St Andrews Place, Los Angeles, CA 90038

Classic multifamily property with varied layouts, select renovations, and separately metered utilities.

Property Size8,234 SF
Lot Size0.19 Acres
Price / SF$242.29
Days on Market5

Property Features for 714 N St Andrews Place

General Information

Standard status Active
Size 8,234 SF
Lot size 0.19 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Building Details

Year Built 1923
Buildings 1
Construction courtyard-style
Listing Agency: Keller Williams Hollywood Hills
Listed By: Accardo Real Estate Associates - AREA · License #01966630
Source: Naylorproperties
Added: Aug 26 Changed: Aug 29 Last Checked: Aug 26 at 12:48PM

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 Keller Williams Hollywood Hills

Investment Insights

Based on property information with market context.

Constructed in 1923, this courtyard-style apartment property contains 6,256 square feet of building area on an 8,234-square-foot lot. The residences include one-bedroom and two-bedroom layouts, with two two-bedroom, one-bathroom units specifically identified. Several apartments feature remodeled bathrooms and flooring, while others retain period details such as arched walls and built-in elements. A newer roof, individual gas and electric meters, and separate hot water heaters for each unit add practical operating features.

The property is located north of Melrose Avenue between Wilton Place and Western Avenue in Los Angeles. Melrose Avenue, Western Avenue, the 101 Freeway, Paramount Studios, restaurants, shops, and entertainment destinations are identified as nearby access points and surrounding amenities. The asset is positioned within an established residential area of Hollywood and the broader Los Angeles metropolitan market.

Key Highlights

  • 6,256 square feet of building area on an 8,234‑square‑foot lot
  • Courtyard‑style apartment property constructed in 1923
  • Mix of one‑bedroom and two‑bedroom residences, including two 2‑bedroom, 1‑bathroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Garden Center Nursing Home

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

Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,706
Businesses Nearby

Demographics for 90038, CA

27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value

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 - Classic multifamily property with varied layouts, select renovations, and separately metered utilities.
Where is this apartment building located?
The property is located at 714 N St Andrews Place Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: 6,256 square feet of building area on an 8,234‑square‑foot lot; Courtyard‑style apartment property constructed in 1923; Mix of one‑bedroom and two‑bedroom residences, including two 2‑bedroom, 1‑bathroom units
More about this property
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