$ 2,200,000
1028 North Ardmore Avenue Los Angeles, CA 90029
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Listed by Christian Milner • Christian Milner Realty Group
$ 2,200,000
Est. payment | /mo
9,376 SqFt
$ 2,200,000
Est. payment | /mo
9,376 SqFt
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,376 sqft
Price per Sqft $234
MLS Listing ID SB-23045569
Year Built 1956
Lot Size 8,914 Sqft
Property Description
Great investment opportunity in the high quality rental district of East Hollywood. Below market rents ready for a value add buyer. New windows in 2012 and a new roof in 2021 make up some of the upgrades to the property. Considerable rent upside all down the rent roll. Low price per square foot for the area. 1028 N Ardmore offers an opportunity to acquire 12 units at a great price for the area. 9 parking spaces on site as well as on site laundry. Densely populated area dominated by young professional tenants in an above average school district close to downtown Los Angeles. *Expenses listed are estimates and not actual.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Laundry Common Area
Exterior
Garage Gated
Garage Spaces 5.0
Pool None
Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Building
Lot Description Lot 6500-9999
Sewer Public Sewer
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Darren Humphrey
Partner | Lic# DRE 01724424