858-525-5007

127 St Andrews, Los Angeles CA 90004 | $4,490,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1961
  • MLS#: 26647609
  • Community: C18 - Hancock Park-Wilshire

Listing provided courtesy of David Hong of Urban Real Estate, Inc.. Last updated 2026-02-17 09:36:05.000000. Listing information © 2025 SANDICOR.

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.

More Details

Parking Spots: 0.00
Asset Class: Multi-Family

David Piper​

Call or Text: 858-525-5007

DRE# 02021985