Price Reduction
Address
1120 N Ardmore Avenue Los Angeles, CA
Price
$ 998,000
Property Attributes
  • MLS#WS21100440
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90029
  • Style
  • Price$ 998,000
  • Bedrooms8
  • Full Bathrooms5
  • Half Bathrooms0
  • Lot Size4,092 SqFt
Listing Provided Courtesy Of:
RICHARD CHOW with Gotham Elite Properties.
Data Source:
CRMLS
Property Description

Here is your opportunity to own an income-producing 5 unit multifamily investment property located in the Little Armenia District. This property still has the ability to create tremendous upside potential! Nestled between Hollywood Blvd. and Santa Monica Blvd., nearby schools and walking distance to shopping, dining, and entertaining. And minutes away from LA City Community College, Sunset Gower Studios, Children Hospital Los Angeles, CHA Hollywood Presbyterian Hospital. The seller has recently replaced the roof and updated the new stairway. This property shall be sold "as-is".

Price History
6/3/2021 Listed $1,058,000
6/9/2021 6% - $998,000

General Features

Community Features Sidewalks
Garage Spaces 2
Garage Y/N Yes
Levels Two
Listing Agent RICHARD CHOW - BRE#01934980
Listing Agent State License 01934980
MLS Area C16 - Mid Los Angeles
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Public Sewer
Special Listing Conditions Standard
Stories 2
Terms 1031 Exchange
Total Actual Rent 4468
Total Units 5
Water Sewer Expense 4743
Zoning LARD1.5

Interior Features

Common Walls 2+ Common Walls
Laundry Features None

Exterior Features

Lot Features 2-5 Units/Acre
Lot Size Acres 0.09
Lot Size Area 4092
Lot Size Source Assessor
Lot Size Square Feet 4092
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 5
Number of Separate Gas Meters 5
Number of Separate Water Meters 1
Total Parking 2
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 90029

Price
AVG $2M
$1,000K
Visits
AVG 44
2
Year Built
AVG 1936
1923
Walkscore
AVG 88
92
Data Provided by Walkscore ® not using MLS data

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