508 North Ardmore Avenue
508 North Ardmore Avenue
$1,750,000
11
6
4,103
4,103
$427
Description
We are pleased to present for sale this true Value-add investment opportunity located in the East Hollywood, Koreatown area of Los Angeles. 508 North Ardmore Avenue consists of one three (3) Bedroom, Two (2) Bath plus Den Single Family Residence along with four 2 Bedrooms, 1 Bathroom units. The 4 units were built in 1987 and appear to be Non-Rent Controlled apartments under Los Angeles City rent control. The Three Bedroom House has been remodeled and has a private yard and partial copper plumbing....We are pleased to present for sale this true Value-add investment opportunity located in the East Hollywood, Koreatown area of Los Angeles. 508 North Ardmore Avenue consists of one three (3) Bedroom, Two (2) Bath plus Den Single Family Residence along with four 2 Bedrooms, 1 Bathroom units. The 4 units were built in 1987 and appear to be Non-Rent Controlled apartments under Los Angeles City rent control. The Three Bedroom House has been remodeled and has a private yard and partial copper plumbing. There are 5 parking spaces, on-site laundry, individual hot water heaters, Central Heating and Air Conditioning and Security Camera System in place. Plenty of rental upside. Two units are currently vacant. Building square feet is approximately 4,103 and sits on a lot size of approximately 8,250 square feet of land. Zoned as LAR3. The subject property is in close proximity to Downtown Los Angeles, Hollywood, Silver Lake, Echo Park and Korea town and conveniently located near the 101 Freeway.
- Listed by Salar Farshchi Tabrizi • DRE #02095885 • Brokerage DRE #01811831 • Equity Union • 919-702-6650
Property Details for 508 North Ardmore Avenue
Parking Spaces Total
5
Private PoolNo
Total Units5.0
Building TypeDetached
Lot Size SourceAssessor
Living Area4103
Assessor Parcel Number5520-012-015
Property Attached YNfalse
Location
LISTING UPDATED: 04/23/2024 08:58 AM
Property Details for 508 North Ardmore Avenue
Status | Active |
---|---|
MLS # | SR24080810 |
Days on Market | 11 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1916 |
Lot Size | 0.19 AC / 8,250 SF |
County | Los Angeles County |
Location
Building Information for 508 North Ardmore Avenue
Stories1Residences-Year Built1916Building Size-Lot Size0.19 AC / 8,250 SF
Payment Calculator
$11,383 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 508 North Ardmore Avenue
Property History for 508 North Ardmore Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 508 North Ardmore Avenue
Taxable ValueLand$1,334,996Additions$441,494Total$1,776,490
Tax Record2023$21,999 ($1,833 / month)
Home Facts
Total Finished SqFt4,103 SqFtAbove Grade Finished SqFt4,103 SqFtStories1Lot Size8,247 SqFtStyleMulti-Family Res (5+ Units)Year Built1916ZoningLAR3CountyLOS ANGELESAPN5520-012-015
Schools near 508 North Ardmore Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Alexandria Avenue Elementary School PublicK to 5 | ||
Virgil Middle School Public6 to 8 | ||
Contreras Learning Center-School Of Social Justice Public9 to 12 | ||
Academic Leadership Community School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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