508 N Ardmore Ave, Los Angeles, CA, 90004

USD 1,750,000
For Sale

Property Details

Bedrooms

11

Bathrooms

6

Property Type

Multi-Family

Description

Property Details: • Type: Multi-Family • Bedrooms: 11 • Bathrooms: 6 • Square Feet: 4103 • Lot/Size: 8,250 sqft lot

Description: "Rare East Hollywood value-add opportunity with immediate operational upside and vacancy leverage at close. " All the buyers want: Cash flow NOW Ability to raise NOI FAST Low interest rate leverage Airbnb / furnished rental angle Future appreciation Potential redevelopment (LAR3) 5.5% commercial rates are VERY attractive right now "At today's favorable commercial financing environment, investors have a rare opportunity to leverage immediate upside with strong long-term appreciation potential. " 2 VACANT UNITS This is your GOLD. LA multifamily buyers LOVE: Immediate repositioning No eviction headache Instant NOI increase" Two vacant units delivered at close cre

Location

Address

508 N Ardmore Ave, Los Angeles, CA, 90004

City

Los Angeles

Features and Finishes

Year Built: 1916; [object Object]; [object Object]; [object Object]

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