1045 N Ardmore Ave, Los Angeles, CA, 90029
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Property Details
15
16
Multi-Family
Description
Property Details: • Type: Multi-Family • Bedrooms: 15 • Bathrooms: 16 • Square Feet: 10780 • Lot/Size: 9,024 sqft lot
Description: Huge 500k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.25% Cap Rate from day 1 with 37% upside to a 9.3% Cap on Proforma! Attractively priced at only $313/SF and $259k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (4 of which have not been officially assigned and may be rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improve
Location
Address
1045 N Ardmore Ave, Los Angeles, CA, 90029
City
Los Angeles
Features and Finishes
Year Built: 1963; [object Object]; [object Object]; [object Object]
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