686 S Ardmore Ave | Los Angeles, CA 90005
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- LoopNet Team
686 S Ardmore Ave
Los Angeles, CA 90005
Koreatown 1990 Built Apartments · Multifamily Property For Sale
·
16 Units
INVESTMENT HIGHLIGHTS
- Exempt from City of Los Angeles Rent Control
- 9 Units Gut Renovated with High End Finishes and Features
- Great Unit Mix of Large One and Two Bedroom Apartments
- 7 Units With Massive Rental Upside
- Prime Koreatown Location Steps to Wilshire and Normandie
- Excellent Tenant Amenities and Parking
PROPERTY FACTS
| No. Units | 16 | Building Size | 14,976 SF |
| Property Type | Multifamily | Average Occupancy | 97% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1990/2021 |
| Building Class | B | Parking Ratio | 1.67/1,000 SF |
| Lot Size | 0.16 AC | ||
| Zoning | R5-4, Los Angeles | ||
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 14,976 SF |
| Average Occupancy | 97% |
| No. Stories | 4 |
| Year Built/Renovated | 1990/2021 |
| Parking Ratio | 1.67/1,000 SF |
| Zoning | R5-4, Los Angeles |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Security System
SITE AMENITIES
- Laundry Facilities
- Security System
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 12 | $2,395 | 620 - 763 |
| 2+2 | 4 | $2,895 | 934 |
PROPERTY TAXES
| Parcel Number | 5094-001-001 | Improvements Assessment | $1,310,904 |
| Land Assessment | $5,243,616 | Total Assessment | $6,554,520 |
PROPERTY TAXES
Parcel Number
5094-001-001
Land Assessment
$5,243,616
Improvements Assessment
$1,310,904
Total Assessment
$6,554,520
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