745 N Ardmore Avenue

    Los Angeles (City), CA 90029
    • $1,995,000
    • STATUS: Active
    • ON SITE: 75 days
    • ID#: 18389994
    UPDATED: 24 min ago
    $1,995,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,872
      SQFT
    • $290
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1971
    County:

    School Ratings & Info

    Description

    745 North Ardmore Avenue is a nine unit apartment community located in the vibrant and culturally diverse neighborhood of East Hollywood in Los Angeles, California. Built in 1972, this apartment community is situated on approximately 0.17 acre of land and boasts a net rentable area of approximately 6,872 square feet within two, two-story buildings. The community offers one studio unit measuring approximately 500 square feet, five one-bedroom units measuring approximately 700 square feet, and three two-bedroom units ranging from approximately 900 to 950 square feet in size, with an average unit size of approximately 756 square feet.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T19:30:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/87924542

    745 N Ardmore Avenue Los Angeles (City), CA 90029

    • Price: $1,995,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 18389994
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    6,872
    SQFT
    $290
    $/SQFT
    1971
    Built
    Neighborhood:
    C20 - Hollywood
    County:
    Los Angeles
    Area:
    C20 - Hollywood
    Property Description
    745 North Ardmore Avenue is a nine unit apartment community located in the vibrant and culturally diverse neighborhood of East Hollywood in Los Angeles, California. Built in 1972, this apartment community is situated on approximately 0.17 acre of land and boasts a net rentable area of approximately 6,872 square feet within two, two-story buildings. The community offers one studio unit measuring approximately 500 square feet, five one-bedroom units measuring approximately 700 square feet, and three two-bedroom units ranging from approximately 900 to 950 square feet in size, with an average unit size of approximately 756 square feet.
    Exterior Features

    Lot Features Sprinklers None Lot Size Source Assessor Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances None Appliances YN No Laundry Features None

    Property Features

    Cap Rate 3.85 Gross Multiplier 14.45 Gross Operating Income 137156.00 Improvements Amount 633746 Land Value 844995 Laundry YN No Net Operating Income 76749.00 Special Listing Conditions Standard Total Expenses 57192.00 Zoning Lard1.5

    Listing provided courtesy of Brent Sprenkle of Berkadia.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T19:30:34.067. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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