Property listed by Tony Azzi, Tony Azzi 310-909-5454
$1,375,000
Marcus & Millichap is exclusively offering 508 N Ardmore Ave, a five-unit investment property on the border of Koreatown and East Hollywood in Los Angeles, at $1,375,000. Built in 1916 on an 8,247 SF LAR3 lot, it has two buildings totaling 4,103 gross SF and 11 bedrooms: a 1,580 SF… Read More three-bedroom, two-bath Craftsman front house and a rear building with four two-bedroom, one-bath apartments. The property sits where Koreatown, East Hollywood and Wilshire Center meet. It has a Walk Score of 87 and a Transit Score of 65, and is about 0.6 miles from both the Vermont/Beverly Metro B Line station and LA City College. Kaiser Permanente, Children's Hospital Los Angeles and Hollywood Presbyterian are all within about 1.4 miles, drawing a deep, employed renter base. Residents are close to the dining, retail and nightlife of Beverly Boulevard, Vermont Avenue and Melrose, as well as Thai Town and Koreatown. Read Less
Listing Snapshot
Days Online
9
Last Updated
Beds
11
3/4 Baths
6
Square Ft.
4,103
Lot Size
0.19 Acres
Year Built
1916
MLS Number
26106216
Additional Details
Building
Built in 1916, Living area: 4103.0, 2 buildings, 2 stories, Levels: MultiSplit
Cooling
None
Heating
WallFurnace
Income
Gross Income: $177,266, Net Operating Income: $102,867
Lot
0.1893 acres, Dimensions: 53x150
Parking
Assigned
Taxes
Parcel Number: 5520012015, Zoning: LAR3
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