Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 23 BR |
| Bathrooms: | 24 |
| Area: | 18073 sq ft |
| Lot Size: | 0.4 Acres |
Financials
Price:$5,150,000
Listing Courtesy of Miller & Desatnik Realty Co.
926 N Ardmore Ave 23BR La
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.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
