508 N Ardmore Ave
Los Angeles, CA 90004
5 Units - CENTRAL - 25% UPSIDE · Multifamily Property For Sale
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5 Units
Property Facts
| No. Units | 5 | Building Size | 4,103 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1987 |
| Building Class | C | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | R3, Los Angeles | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 4,103 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R3, Los Angeles |
Amenities
Unit Amenities
- Security System
- Yard
About 508 N ARDMORE AVE , LOS ANGELES, CA 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. 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.
Property Taxes
| Parcel Number | 5520-012-015 | Improvements Assessment | $459,329 |
| Land Assessment | $1,388,928 | Total Assessment | $1,848,257 |
Property Taxes
