1550-1560 S Ardmore ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$1,066,183 USD
562-645-6481
1550-1560 S Ardmore ave, Los Angeles, CA for Sale
$1,066,183 USD
Apartments - FOR SALE
1/3
null | 5.01% Cap Rate

1550-1560 S Ardmore ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Highly populated residential area (close to Korea Town and Downtown Los Angeles)
  • High demand area for rental properties
  • Fully OccupRecent renovations and repairs (LAHD approved)ied
  • Very low turnover rates:   some tenants have stayed over 30 years. 
  • Relatively large lot: 7,798 SF
  • Gas & Electricity separately metered for all units 

FOR SALE DETAILS

PRICE

$1,066,183 USD

PRICE/SF

$227 USD /SF

# OF UNITS

5

PRICE/UNIT

$213,237

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5 unit multifamily property near Korea Town

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LAR2

APN/PARCEL ID

5075-013-001

ASK ABOUT THIS PROPERTY

Jesse LeeCRE Advisory ServiceMore Info
562-645-6481

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

Jesse LeeCRE Advisory ServiceMore Info
562-645-6481

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