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975 S Ardmore Ave
Los Angeles, CA 90006
Ardmore Ave Apartments · Multifamily Property For Sale · 10 Units

INVESTMENT HIGHLIGHTS

  • Great Koreatown Location w/ Strong Rental Upside!
  • 6.00% CAP Rate | 10.25 GRM Based on In-Place Rents
  • Separately Metered for Gas & Electricity
  • Some Units w/ Minor Renovations
  • Unit Mix: 6 (1BR + 1 BA) & 4 (Studios)
  • Walker's Paradise: Walk Score of 95! Steps to Koreatown Galleria & Plaza, Cafes, Shops, Dining, and Nightlife.

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 4,830 SF
Average Occupancy 100%
No. Stories 2
Year Built 1925
Zoning R4, Los Angeles - restricted Density Multiple Dwelling

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 4 $1,415 -
1+1 6 $1,199 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5080-031-005
Land Assessment
$1,476,264
Improvements Assessment
$167,751
Total Assessment
$1,644,015
  • Listing ID: 36870985

  • Date on Market: 2025-07-22

  • Last Updated:

  • Address: 975 S Ardmore Ave, Los Angeles, CA 90006

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