1204-1208 S Ardmore Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,400,000 USD
310-877-8600
1204-1208 S Ardmore Ave, Los Angeles, CA for Sale
$1,400,000 USD
Apartments - FOR SALE
1/4
null | 5.65% Cap Rate

1204-1208 S Ardmore Ave
Los Angeles, CA 90006
Harvard Heights


OVERVIEW

This property is also being sold with 1434 S. Orange Drive in Los Angeles and can be purchase separately or as a package. This two-story “U” shaped Spanish style apartment complex is located just west of Normandie and north of Pico Blvd. just south of the Koreatown neighborhood in the City of Los Angeles. Tenants enter through a gated entry arched doorway into a nicely landscaped courtyard. There is an electronic access panel at the front to allow tenants to buzz in their guests. The first floor tenants have front and back doors, all protected with metal gates for additional security. The units are separately metered for both gas and electricity. Some of the units have their own wall a/c units in the windows. Interiors feature hardwood floors, tile bathrooms, ceiling fans & wall heaters. There is street parking only. This property is subject to City of Los Angeles Rent Stabilization Ordinance.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$191 USD /SF

# OF UNITS

8

PRICE/UNIT

$175,000

CAP RATE

5.65%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ardmore Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1928

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,902 SF

ZONING

LAR4

APN/PARCEL ID

5080-035-023

ASK ABOUT THIS PROPERTY

David KaufmanKaufman CommercialMore Info
310-877-8600

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David KaufmanKaufman CommercialMore Info
310-877-8600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.