1681-1/2 S Ardmore Avenue

    Los Angeles (City), CA 90006
    • $1,339,000
    • STATUS: Active
    • ON SITE: 278 days
    • ID#: 17297552
    Price Reduced
    UPDATED: 58 min ago
    $1,339,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,526
      SQFT
    • $242
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Presenting the sale of the Casa Ardmore Apartments, a six-unit apartment building that is situated in one of the best pockets in Los Angeles - Harvard Heights. 1681 - 1707 S Ardmore Avenue is comprised of two separate buildings on one lot. The units are impressively spacious with an excellent unit combination: five huge (2+1)s and one (3+1). Plenty of upside in rental income. A total of six units that are separately metered for gas and electricity. The property is conveniently located within walking distance to Korea Town, major employment and entertainment centers, and within minutes to Downtown Los Angeles and the West side.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T10:26:56.767. 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.
    www.playavistaliving.com/homes/79509756

    1681-1/2 S Ardmore Avenue Los Angeles (City), CA 90006

    • Price: $1,339,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 17297552
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    5,526
    SQFT
    $242
    $/SQFT
    1912
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Presenting the sale of the Casa Ardmore Apartments, a six-unit apartment building that is situated in one of the best pockets in Los Angeles - Harvard Heights. 1681 - 1707 S Ardmore Avenue is comprised of two separate buildings on one lot. The units are impressively spacious with an excellent unit combination: five huge (2+1)s and one (3+1). Plenty of upside in rental income. A total of six units that are separately metered for gas and electricity. The property is conveniently located within walking distance to Korea Town, major employment and entertainment centers, and within minutes to Downtown Los Angeles and the West side.
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet Parking Features Uncovered Parking YN Yes

    Interior Features

    Cooling See Remarks Cooling YN Yes Laundry Features See Remarks

    Property Features

    Cap Rate 4.34 Gross Multiplier 15.36 Gross Operating Income 86289.00 Improvements Amount 165379 Land Value 367516 Laundry YN Yes Net Operating Income 58156.00 Special Listing Conditions Standard Total Expenses 28133.00 Zoning Lar2

    Listing provided courtesy of Enrique Viramontes of Remax Commercial And Investmen.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-09-25T10:26:56.767. 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.
     
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