508 N Ardmore Avenue

Description

We are pleased to present for sale this true Value-add investment opportunity located in the East Hollywood, Koreatown area of Los Angeles. 508 North Ardmore Avenue consists of one three (3) Bedroom, Two (2) Bath plus Den Single Family Residence along with four 2 Bedrooms, 1 Bathroom units. The 4 units were built in 1987 and appear to be Non-Rent Controlled apartments under Los Angeles City rent control. The Three Bedroom House has been remodeled and has a private yard and partial copper plumbing. There are 5 parking spaces, on-site laundry, individual hot water heaters, Central Heating and Air Conditioning and Security Camera System in place. Plenty of rental upside. Two units are currently vacant. Building square feet is approximately 4,103 and sits on a lot size of approximately 8,250 square feet of land. Zoned as LAR3. The subject property is in close proximity to Downtown Los Angeles, Hollywood, Silver Lake, Echo Park and Korea town and conveniently located near the 101 Freeway.

Listing information courtesy of: Salar Farshchi Tabrizi, Equity Union . *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.