Residential Income In Los Angeles

BOTH UNITS WILL BE DELIVERED VACANT! Located in the heart of a vibrant Korea-town pocket, 838-840 S. St Andrews Place presents a rare opportunity for owner-users, multi-generational families, investors, and developers alike. Situated on an expansive 7,500+ SF lot with R4 zoning and TOC Tier 3 designation, the property offers abundant on-site parking for 8+ vehicles as well as exciting future multifamily development potential. The property consists of two spacious side-by-side residences, each offering its own private living space, Central A/C, in-unit laundry, and abundant storage throughout. The 838 residence features 5 bedrooms and 3 bathrooms. The main level includes one bedroom and full bath, living room, dining area, kitchen with pantry, and a generously sized laundry/utility room. Upstairs are four additional bedrooms, a full bath, powder room, and a spacious bonus area between the bedrooms ideal for an office, den, or study. A large basement provides even more storage and versatile space. The 840 residence features 3 bedrooms and 3 bathrooms, including a generously sized primary bedroom on the main level along with the living room, dining area, and kitchen. The upper level offers two additional bedrooms and a hallway bathroom. Both residences feature spacious floor plans with plenty of closets and storage, making them exceptionally functional for larger households. Long-time owner occupied and thoughtfully maintained, the property has benefited from numerous updates over the years, including replacement windows, beautiful hardwood flooring, updated Central A/C systems, and other improvements. The expansive lot provides exceptional parking capacity in both the front and rear of the property, accommodating 8+ vehicles. Live in one unit and rent the other, accommodate an extended or multi-generational family while maintaining privacy, hold as an investment, or explore the property’s future development possibilities. With both units delivered vacant, a large R4 lot, TOC Tier 3 designation, generous parking, Central A/C, abundant storage, and a prime Korea-town location, this versatile property offers tremendous flexibility and upside potential.