714 N St Andrews Pl
Los Angeles, CA 90038
Immeuble residentiel Bien À vendre · 10 Lots

A charming courtyard-style multifamily property located in a highly desirable area of Los Angeles, just north of Melrose Avenue between Wilton Place and Western Avenue. Built in 1923, 714 N. St. Andrews Place offers 6,256 square feet of building area situated on a substantial 8,234 square foot lot, providing investors with an attractive opportunity to acquire a well-located multifamily asset in one of Los Angeles’ established residential neighborhoods.
The property features a mix of spacious one-bedroom and two-bedroom residences, including two 2-bedroom, 1-bathroom units. Several units have been remodeled with updated bathrooms and flooring, while other residences retain original character including arched walls and built-in features. The property also benefits from a newer roof, individually metered gas and electricity, and separate hot water heaters for each unit, providing operational efficiencies and helping limit landlord-paid utility expenses.
Situated in a highly desirable rental market, 714 N. St. Andrews Place benefits from convenient access to Melrose Avenue, Western Avenue, the 101 Freeway, Paramount Studios, and numerous restaurants, shops, and entertainment destinations throughout Hollywood and surrounding neighborhoods. Its central location provides residents with convenient access to major employment centers and the broader Los Angeles metropolitan area.
With its classic courtyard-style design, diverse unit mix, large lot, and established location north of Melrose Avenue, 714 N. St. Andrews Place presents an attractive opportunity for investors seeking a well-positioned multifamily asset with long-term rental potential in Los Angeles.