412 N ARDMORE Avenue, Los Angeles, CA 90004

About this property

412 Ardmore is a luxurious new construction fourplex that is made up of two standalone 3-story duplexes in aprime Hollywood location. This property provides investors an unbelievably high projected cap rate of 5.24%. Inaddition to the high return, buyers will enjoy other notable perks including: NO RENT CONTROL, brand newEVERYTHING, little to no maintenance, separate meters for gas, water & electric, and extreme desirabilityamongst renters. Between the fantastic location and the countless benefits of buying high-quality newconstruction, purchasing this property is a no-brainer.

Listing description from the September 2019 sale, as reported to CRMLS.

Sale history

$2,500,000

Sold September 2019 · listed $2,550,000, on market July 2019 · MLS #19494620 · Source: CRMLS

Listing Agent: Maria Anderson · Listing Office: Keller Williams Hollywood Hill · Contact: 310-623-1300 · Bought with: Jonathan P. Krikorian · Investment Real Estate Assoc.

$780,000

Sold November 2017 · listed $850,000, on market August 2017 · MLS #TR17193693 · Source: CRMLS

Listing Agent: Johnny Yu · Listing Office: Centermac Realty, Inc. · Contact: 909-860-9002 · Bought with: Maria Anderson · Keller Williams Hollywood Hill

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