1125 S Ardmore Avenue, Los Angeles, CA 90006
- $1,499,000
- 6
- BD
- 6
- BA
- 3,528
- SqFt
- List Price
- $1,499,000
- Status
- ACTIVE
- MLS#
- 26855353
- Year Built
- 1930
- Bedrooms
- 6
- Bathrooms
- 6
- Living Sq. Ft
- 3,528
- Lot Size
- 5,909
- Acres
- 0.14
- Days on Market
- 27
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!
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Additional Information
- Heat
- Wall Furnace
- Cooling Description
- None
- Attached Structure
- Detached
- Number Of Units Total
- 6
- Levels
- Two
- Parking Spaces
- 6
Listing courtesy of Listing Agent: MiJeong Kim (mjskre@gmail.com) from Listing Office: Mi Jeong Kim.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.