508 N Ardmore Avenue, Los Angeles (City), CA 90004 | MLS 17243272 | Listing Information | Welcome to Real Living Premier Realty | Real Living Real Estate
Real Living Premier Realty
951-364-3100

508 N Ardmore Avenue,  Los Angeles (City) CA, 90004

11 beds , 6 baths
Status: Active
MLS#: 17243272
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Real Living Premier Realty
951-364-3100

Listing Provided Courtesy Of: Elijah Korobkin
Last Updated: 6/28/2017 2:02 PM
Description for 508 N Ardmore Avenue Los Angeles (City), 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.
Price
$1,725,000
LOS ANGELES
11
6
17243272
Active
Description
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.
Listing Information
Property Type: Cluster, Other
11 6
0.19 Acres $420.42 1916
Neighborhood
Room Information
Interior Features
A/C - Other
Other, Other
3
Exterior / Lot Features
SqFt
Driving Directions
North of Beverly Blvd. South of Melrose. East of Western. West of Normandie.
Financial Considerations
5520012015
Listing Price History

Los Angeles (City) Real Estate

Los Angeles (City) is located in California.

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Courtesy: Elijah Korobkin Elijah Korobkin
The multiple listings information is provided by The California Desert Association of REALTORS/Desert Area MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are Copyright 2017 The California Desert Association of REALTORS/Desert Area MLS. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Information is deemed reliable but is not guaranteed.

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