508 N Ardmore Avenue Los Angeles, CA 90004
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.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site11 Days
- MLS StatusActive
- MLS ID NumberSR24080810
- Home Size Source N/A
- Year Built1916
- Lot Size0.1894 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Parking Spaces 5
- Sewer Public Sewer
- Number of Stories 11
- Acreage 0.1894
- Water Public
- Garage Spaces 0
- Zoning LAR3
- Listing Conditions Standard
Interior Features
- Heating Central
- Laundry Features Common Area
Exterior Features
- Pool Features None
- Lot 2-5 Units/ AcreLot 6500-9999
Community Features
- Association Dues 0
- Community Features Sidewalks
- Senior Community No
- MLS Area C17 - Mid-Wilshire