Contact Us MoreMenu

508 N ARDMORE Avenue, Los Angeles, California

$1,725,000Active

508 N ARDMORE Avenue, Los Angeles, California 90004
- MLS® ID: 17243272

Property Details

508 N ARDMORE Avenue, Los Angeles, California 90004 - Ardmore Village "AV" is a 5 unit apartment complex CENTRALLY located between Hollywood and Koreatown. The property features Four 2-Bedroom/1-Bathroom units, and a Front 4-Bedroom/2-Bathroom home. Three VACANT Two-Bedroom units have been tastefully renovated. The property presents investors the opportunity to increase rents, to significantly increase the property's value! AV features 8 PARKING spaces, on-site LAUNDRY & an 8,247 SF lot, zoned LA-R3 providing for redevelopment potential - ability to build 10 units by-right. CENTRALLY sandwiched between Koreatown & Hollywood, the property provides close proximity, and easy access to all neighborhoods in LA, including Downtown, Miracle Mile, Beverly Hills, etc. Due to its rapidly gentrifying location, rental upside, value-add potential & favorable zoning, the property is well positioned for Accelerated Appreciation and significant cashflow. Expenses are projections. Rents for VACANT units are projections.

Amenities

  • Zip90004
  • CountyLos Angeles
  • StatusActive
  • Purchase TypeActive
  • Property typeMulti-Family
  • Zoning typeLAR3
  • Year built1916
  • Lot size8247.0000
  • CoolingSee Remarks
  • ParkingDriveway
  • MLS® ID17243272

Listing Courtesy of Elijah Korobkin~Elijah Korobkin

Have Questions?

“Nat was an excellent realtor. Clear and concise with his contracts, gets back to you quickly and is well liked in the community. I would definitely recommend Nat for any future deals. His knowledge of Seal Beach is excellent.”

Call us
(562) 206-0342