127 S St Andrews Place #5, Los Angeles, CA 90004 (MLS # 26647609)

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PRICE $4,490,000 dsIDX morgage calculator
SIZE 14,520 sqft
LOT SIZE 14,205 sqft

Urban Real Estate proudly presents a truly rare 20-unit multifamily offering in the heart of Koreatown, Los Angeles. Owned by the same family trust for over 30 years and making its first appearance on the market, this exceptional asset offers a level of in-place performance rarely seen in comparable multifamily properties. The property features an extraordinarily strong in-place capitalization rate of 5.46%, setting it apart from virtually all similar assets currently available in the market. Situated on a large lot, the property offers abundant on-site-parking, an amenity rarely found within Koreatown, and benefits from an irreplaceable location near major employment centers, transit, dining, and retail. Current rents are approximately 20% below market. A new owner may realize substantial additional upside over time through the gradual implementation of market rents, further enhancing returns beyond an already outstanding in-place yield. Please contact listing agent for Offering Memorandum.

DAYS ON MARKET 1 LAST UPDATED 2/4/2026
YEAR BUILT 1961 COMMUNITY C18 - Hancock Park-Wilshire
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA C18 - Hancock Park-Wilshire
LOT 0.3261 acre(s)
LOT DIMENSIONS 100x142
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Listed with Urban Real Estate, Inc.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2/4/26 5:33 PM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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