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1500-1560 S Ardmore Ave
Los Angeles, CA 90006
5 unit multifamily property near Korea Town · Multifamily Property For Sale · 5 Units

INVESTMENT HIGHLIGHTS

  • Highly populated residential area (close to Korea Town and Downtown Los Angeles)
  • Fully OccupRecent renovations and repairs (LAHD approved)ied
  • Relatively large lot: 7,798 SF
  • High demand area for rental properties
  • Very low turnover rates:   some tenants have stayed over 30 years. 
  • Gas & Electricity separately metered for all units 

PROPERTY FACTS

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.18 AC
Building Size 7,105 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1924/2025
Parking Ratio 0.85/1,000 SF
Zoning R2, Los Angeles

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Public Transportation
  • Smoke Detector

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - 900
3+2 1 - 1,106

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5075-013-001
Land Assessment
$1,077,762
Improvements Assessment
$179,617
Total Assessment
$1,257,379
  • Listing ID: 36506742

  • Date on Market: 2025-06-26

  • Last Updated:

  • Address: 1500-1560 S Ardmore Ave, Los Angeles, CA 90006

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