1028 North Ardmore Avenue

Los Angeles,CA 90029

$ 2200000

- Bed

0 Bath

9376 SqFt


Key Details

Property Type Single Family Home

Sub Type Commercial/Residential

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,376 sqft

Price per Sqft $234

MLS Listing ID SB-23045569

Year Built 1956

Lot Size 8,914 Sqft

Property Sub-Type Commercial/Residential

Property Description

Great investment opportunity in the high quality rental district of East Hollywood. Below market rents ready for a value add buyer. New windows in 2012 and a new roof in 2021 make up some of the upgrades to the property. Considerable rent upside all down the rent roll. Low price per square foot for the area. 1028 N Ardmore offers an opportunity to acquire 12 units at a great price for the area. 9 parking spaces on site as well as on site laundry. Densely populated area dominated by young professional tenants in an above average school district close to downtown Los Angeles. *Expenses listed are estimates and not actual.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Laundry Common Area

Exterior

Parking Features Gated

Garage Spaces 5.0

Pool None

Community Features Curbs,Sidewalks,Storm Drains,Street Lights,Suburban

Building

Lot Description Lot 6500-9999

Sewer Public Sewer

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