1045 N Ardmore AVE, Los Angeles, CA 90029
1045 N Ardmore AVE, Los Angeles, CA 90029
1045 N Ardmore AVE, Los Angeles, CA 90029
1045 N Ardmore AVE, Los Angeles, CA 90029
1045 N Ardmore AVE, Los Angeles, CA 90029
1045 N Ardmore AVE, Los Angeles, CA 90029
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 3,195,000
Est. payment | /mo

15 Beds

16 Baths

10,780 SqFt

Save
$ 3,195,000
Est. payment | /mo
Save

15 Beds

16 Baths

10,780 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 10,780 sqft

Price per Sqft $296

MLS Listing ID 26925475

Bedrooms 15

HOA Y/N No

Year Built 1963

Lot Size 9,025 Sqft

Property Description

Huge ~700k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.5% Cap Rate from day 1 with 39% upside to a 9.8% Cap on Proforma! Attractively priced at only $296/SF and $245k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (2 of which have not been officially assigned and may be rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy's Restaurant, Courage Bagels, and many more.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Gated

Total Parking Spaces 9

Building

Story 2

Entry Level Two

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5537019028

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Armin Soleimani Global Platinum Properties, Inc. #01846872

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California 92620, United States

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1045 N Ardmore AVE