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NewLuxury

$5,150,000

19,381 sqft$266/sqft5 days on market

926 N Ardmore Avenue

Los Angeles, CA 90029

· 8% down, 7% APR, 30yr fixed

23

Beds

24

Baths

19,381

Square feet

1963

Built

Listing narrative

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.

Listing agent (MLS): Carolyn Schneider · Listing brokerage (MLS): Miller & Desatnik Realty Co.

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,150,000

Beds

23 bd

Type

House

Home Size

19,381 sqft

Baths

24

Lot Size

0.41 acres

Year

1963

Status

New

Days on Market

5

$ / Sqft

$266

· 8% down, 7% APR, 30yr fixed
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Courtesy of Miller & Desatnik Realty Co.