926 N Ardmore Avenue, Los Angeles, CA 90029

$5,150,000
23
BD
24
BA
19,381
SqFt

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List Price
$5,150,000
Status
ACTIVE
MLS#
26992643
Year Built
1963
Bedrooms
23
Bathrooms
24
Living Sq. Ft
19,381
Lot Size
18,073
Acres
0.41
Days on Market
2
Property Type
Multifamily
Stories
Two Levels

Property Description

Incredible opportunity to own this over 19300 sq. ft. 21 unit building on large lot in a desirable east Hollywood location. The courtyard style building features a well-balanced unit mix of 17 spacious units. Rents are low which enable the buyer to capture significant upside. Pro-forma rents represent approximately 36 upside over current rents. Many amenities including a swimming pool and ample on-site parking and laundry room. Required seismic retrofit completed by the seller as well as AB 721 Balcony inspection completed. Some plumbing and electrical upgrades as well as several units renovated.

Additional Information

Heat
Wall Furnace
Attached Structure
Detached
Number Of Units Total
21

Listing courtesy of Listing Agent: Carolyn Schneider (caroline@mdrealtycorp.com) from Listing Office: Miller & Desatnik Realty Co..

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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.