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    1004 N Ardmore Ave

    Los Angeles, CA 90029
    • $1,495,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 20-669846
    $1,495,000
    • 12
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,270
      SQFT
    • $284
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:
    Area:

    School Ratings & Info

    Description

    We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-24T23:42:34.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/112557265
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    1004 N Ardmore Ave Los Angeles, CA 90029

    • Price: $1,495,000
    • Status: Active
    • MLS #: 20-669846
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,270
    SQFT
    $284
    $/SQFT
    1912
    Built
    Neighborhood:
    Hollywood
    County:
    Los Angeles
    Area:
    Hollywood
    Property Description
    We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.
    Exterior Features

    Lot Location City Lot Size Area 7758 Other Structures None Parking Garage DrivewayTandemSide By Side Total Parking 6

    Interior Features

    Baths Total 8.00 Cooling Other Equipment Other Heating Other

    Property Features

    Alley YN Yes Assessed Total Value 127880 Gross Income 163800 Gross Operating Income 163800 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 131040.00 Number Of Buildings 2 Number Of Units 4 Rent Control YN Yes Sale Type Standard Source Living Area Other Source Lot Size Area Vendor Enhanced Total Annual Expense 32760 Type Of Units Flat Year Built Source Assessor Zoning R3-1Xl Tier 3

    Listing provided courtesy of Dario Svidler DRE#01884474 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-02-24T23:42:34.077. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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