1028 N Ardmore Avenue, Los Angeles, CA 90029

About this property

Great investment opportunity in the high quality rental district of East Hollywood. Below market rents ready for a value add buyer. New windows in 2012 and a new roof in 2021 make up some of the upgrades to the property. Considerable rent upside all down the rent roll. Low price per square foot for the area. 1028 N Ardmore offers an opportunity to acquire 12 units at a great price for the area. 9 parking spaces on site as well as on site laundry. Densely populated area dominated by young professional tenants in an above average school district close to downtown Los Angeles. *Expenses listed are estimates and not actual.

Listing description from the June 2023 sale, as reported to CRMLS.

Sale history

$2,000,000

Sold June 2023 · listed $2,200,000, orig. $2,250,000, on market March 2023 · MLS #SB23045569 · Source: CRMLS

Listing Agent: Christian Milner · Listing Office: Christian Milner Realty Group · Contact: 714-943-1489 · Bought with: Chase Simonton · RE/MAX One

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