We are pleased to present 975 S Ardmore Ave, a well-maintained and gated 10-unitapartment community located in the heart of Koreatown--one of Los Angeles' most vibrant and high-demand rental submarkets. Built in 1925, this character-rich property offers a desirable unit mix consisting of Six (1 bedroom +1 bathroom) units &… Read More Four (Studio)units, spread across a 4,830 square foot building situated on a 5,905 square foot lot. Each unit is individually metered for gas and electricity, minimizing landlord expenses and providing efficient utility management. While the property offers street parking only, its central location provides convenient access to public transportation, shops, restaurants, and major employment centers. Several of the units have undergone minor interior upgrades, including laminate flooring, modernized kitchen and bathroom cabinetry, and updated tile flooring in both kitchens and bathrooms offering a solid foundation for further value-add improvements. With significant upside in rents, this property presents an exceptional investment opportunity for value-add investors seeking stable cash flow with the potential for future growth. Don't miss your chance to own this charming multifamily asset in one of Los Angeles' most sought-after rental corridors. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
26
Last Updated
Property Type
Other
Beds
6
Square Ft.
4,830
Lot Size
0.14 Acres
Year Built
1925
MLS Number
25566695
30 Days Snapshot Of 90006
$808k
+20%
(avg) sold price
5
+25%
homes sold
102
-9%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
4,830 sq ft, Built in 1925, Levels: Two
Cooling
Wall/Window
Disclosures
None
Garage
On street
Heating
Wall
Lot
LotAcreage: 0.1356, LotSizeArea: 5,907
Parking
TotalParking: 0
Property
NumberOfUnits: 10, Zoning: LAR4
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
