978 S Ardmore Avenue, Los Angeles, CA 90006

$1,680,000

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List Price
$1,680,000
Status
ACTIVE
MLS#
AR26120331
Year Built
1962
Lot Size
5,900
Acres
0.14
Lot Location
2-5 Units/Acre
Days on Market
55
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Location! Location! An excellent opportunity to own this 6 unit apartment property in the heart of Korea Town.A minute walking distance to banks, shopping, restaurants and transportation. All 2 bedrooms 1 bathroom, clean and well maintenance,zoning LAR4. There are a total of 6 parking spaces at the rear of the property. No Soft Story Earthquake Seismic Retrofit needed. Potential for ADU and storage units . This prime property is centrally located in Koreantown. Many shopping establishments and public transportation are with in walking distance. With the opening of Metro's D Line Extension Section 1, this expansion makes it easier to travel between Mid-Wilshire, Miracle Mile, Koreatown, Downtown Los Angeles and the wider Metro system with faster, traffic-free trips. Riders now have direct access to museums, jobs, healthcare, shopping and neighborhood destinations along one of the region’s busiest corridors. Upon Completion of Extension # 3, riders have potential traffic-free trips from KoreanTown to Westwood/UCLA area. Don't miss this chance to invest in a property with a solid rental history and potential for growth. Whether you're a seasoned investor or a new entrant into the market, this 6-unit gem offers an excellent foundation for building your real estate portfolio. Seize this opportunity to become a part of this thriving community and secure a valuable asset in a prime location! Please do not disturb tenants, drive by only..

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$109,009
Operating Expense
32017

Listing courtesy of Listing Agent: Fred Lam (fredlam888@yahoo.com) from Listing Office: IRN Realty.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.