1125 S Ardmore Avenue, Los Angeles, CA 90006
List Price: $1.5M
Listing Status: Active
0Days on Market: 1
6 Bedrooms · 6 Bathrooms · 3,528 sq ft
Property Type: ResidentialIncome
Year Built: 1930
Lot Size: 5,909 sq ft
MLS Number: 26855353
About This Property
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!
Listing provided by: MiJeong Kim DRE #01887660 213-503-8070 mjskre@gmail.com, Mi Jeong Kim
Source: CRMLS, MLS #: 26855353
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.