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Gwyn Goodman

ggoodmanrealty@aol.com +1(805) 443-5650

$ 1,750,000

Est. payment -/mo

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Active

508 N Ardmore AVE Los Angeles, CA 90004

4,103 SqFt

UPDATED:

09/30/2024 06:51 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,103 sqft

Price per Sqft $426

MLS Listing ID SR24080810

HOA Y/N No

Year Built 1916

Lot Size 8,250 Sqft

Acres 0.1894

Property 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.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR3

Rooms

Ensuite Laundry Common Area

Interior

Laundry Location Common Area

Heating Central

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Sidewalks

Total Parking Spaces 5

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5520012015

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Listed by Salar Farshchi Tabrizi • Equity Union • 919-702-6650

Gwyn Goodman

Broker | License ID: 00779815

+1(805) 443-5650

Gwyn Goodman

508 N Ardmore AVE Los Angeles, CA 90004

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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508 N Ardmore AVE