508 N ARDMORE Avenue Los Angeles, 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., 1 North of Beverly Blvd. South of Melrose. East of Western. West of Normandie.
Interior Features Include:
Air Cond: See Remarks
Exterior Features Include:
Acreage: 0.1800 Acres
Other Features Include:
Total Expenses 36182.00
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