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Listed by Christian Milner • Christian Milner Realty Group
$2,200,000
Est. payment /mo
9,376 SqFt
Active Under Contract
1028 North Ardmore Avenue Los Angeles, CA 90029
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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