4805 S St Andrews Pl, Los Angeles, CA 90062 - View 1
4805 S St Andrews Pl, Los Angeles, CA 90062 - View 2
4805 S St Andrews Pl, Los Angeles, CA 90062 - View 3

4805 S St Andrews Pl, Los Angeles, CA 90062

Sale Price: $975,000
Aug 28, 20243,894 sqft7 beds5 baths
Listed by: Keith Brennan
License #: 01214434
Phone #: 310-733-7376
Brennen Realty
Source:
CRMLS Logo
MLS #: 24433751

Property Description

6.3% Cap Rate. (7.4% Cap Rate after ADU construction). Currently 10.53 GRM. 35% upside in rents. Additional future income potential of $24,000/year after construction of one bedroom ADU. Property has approved permit for ADU garage conversion (potential additional income of $2,000/month). Tenants pay trash. Parking on site with access from alley. Single family neighborhood. Corner location at 48th St and S. St. Andrews. Three tenants are Sec. 8. The three bedroom unit is vacant. This unit is estimated to be $3,495 per month after renovation.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$11,757

TurboHome Estimated Value

$989,400

$254 sqft

High Valuation
$1,038,870
$267/sqft
Normal Valuation
$989,400
$254/sqft
Low Valuation
$939,930
$241/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$254/sqft$989,400

Neighborhood: South Los Angeles

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Comparative Value

$794K

$925K

$975K

$1.20M

$1.26M

$1.38M

4610 Cimarron St, Los Angeles, CA 90062

Sale Price: $794,000

Selected Comparable

1191 W 39th Pl, Los Angeles, CA 90037

Sale Price: $925,000

Selected Comparable

4805 S St Andrews Pl, Los Angeles, CA 90062

Sale Price: $975,000

Selected Comparable

4805 S St Andrews Pl, Los Angeles, CA 90062

List Price: $1,195,000

Subject Property

1593 W 45th St, Los Angeles, CA 90062

Sale Price: $1,260,000

Selected Comparable

1152 W 55th St, Los Angeles, CA 90037

Sale Price: $1,375,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
4805 S St Andrews Pl, Los Angeles, CA 90062

4805 S St Andrews Pl, Los Angeles, CA 90062

List: $1,195,000

Listed: 8/28/2024

Area:3,894 sqft
Price/sqft:$307
Beds:7
Baths:5
Year Built:
Lot Size:7,280

Comparable Properties

COMPARABLE
Choose comps
4805 S St Andrews Pl, Los Angeles, CA 90062

4805 S St Andrews Pl, Los Angeles, CA 90062

Sale: $975,000

12/21/20240.00 mi

Area:3,894 sqft
Price/sqft:$250
Beds:7
Baths:5
Year Built:
Weight:25.9%
1593 W 45th St, Los Angeles, CA 90062

1593 W 45th St, Los Angeles, CA 90062

Sale: $1,260,000

9/20/20240.36 mi

Area:3,768 sqft
Price/sqft:$334
Beds:7
Baths:5
Year Built:
Weight:23.6%
1191 W 39th Pl, Los Angeles, CA 90037

1191 W 39th Pl, Los Angeles, CA 90037

Sale: $925,000

5/16/20251.31 mi

Area:3,912 sqft
Price/sqft:$236
Beds:6
Baths:6
Year Built:
Weight:17.2%
4610 Cimarron St, Los Angeles, CA 90062

4610 Cimarron St, Los Angeles, CA 90062

Sale: $794,000

11/1/20240.27 mi

Area:4,056 sqft
Price/sqft:$196
Beds:6
Baths:4
Year Built:
Weight:16.8%
1152 W 55th St, Los Angeles, CA 90037

1152 W 55th St, Los Angeles, CA 90037

Sale: $1,375,000

5/7/20251.07 mi

Area:4,144 sqft
Price/sqft:$332
Beds:8
Baths:6
Year Built:
Weight:16.4%

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