951 South Ardmore Avenue Los Angeles, CA ^$ 1,825,000

951 South Ardmore Avenue

^$ 1,825,000

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951 South Ardmore Avenue

Los Angeles, CA, 90006

^$ 1,825,000

Studio Baths0.0 Sq 3,888

Monthly Estimate*

^$ 12,130

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,825,000. This 3,888 square foot home was built in 1960 on a lot size of 0.14.

Welcome to this exceptional opportunity to invest in a fully vacant 4plex in the heart of Koreatown/Mid-Wilshire! This newly remodeled 4 unit is ideal for investors and owner-users alike. Each unit boasts 2 bedrooms, 1 bathroom, a fully remodeled kitchen, A/C split unit, ample storage, its own gas and electric meter & luxury vinyl flooring throughout. Be greeted by an abundance of natural sunlight peering through the many dual-paned windows - keeping noise & heat out and the cool in! Rear units have either a patio or expansive balcony facing the parking with 6 covered spots and the outdoor space with persimmon trees! This is a rare opportunity to purchase one of the most valued income properties in LA having the entire building delivered VACANT! The optional RTI plans available for an ADU duplex behind the building give the possibility for additional rental income. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer.

Multi-Family Active

Price

^$ 1,825,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Traditional

Lot Size

0.14

Year Built

1960

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024369999

Features

General

Sewer Sewer Paid

Heating Wall Furnace

Zoning LAR4

Architectural Style Traditional

Security Features Smoke Detector(s) Carbon Monoxide Detector(s) Gated Community

Year Built 1960

Tenant Pays Electricity Gas

View City Lights

Levels Two

County Los Angeles

Net Operating Income 0.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

Buyer Agent Compensation 2.00

View Y/N Yes

Senior Community Y/N No

MLS Area C17 - Mid-Wilshire

Lot Size Square Feet 5906.0

Street Name Ardmore

Property Condition Updated/Remodeled

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Interior

Flooring Tile Vinyl

Kitchen Appliances Disposal Dishwasher Gas Oven Gas Cooktop Refrigerator

Total Stories 2

Heating Y/N Yes

Window Features Double Pane Windows

Fireplace Y/N No

Street Suffix Avenue

Laundry Features None Community

Total Baths 0

Exterior

Parking Features Covered None Carport Detached Carport

Lot Size Area 5906.0

Foundation Details Raised

Spa No

Pool Y/N? No

Building Area Total 3888.0

Lot Size Acres 0.14

Lot Size Units Square Feet

Door Features Sliding Doors

Land Lease Type Fee

* Excluded Features

List By

Yael Davoudpour

Listing Agent

Compass

Broker

Affordability Calculator

$12,130

Per Month

Monthly Principal & Interest: $12,130
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,978,836

Percent of Sale Price 8%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$1,825,000	-2.41%	Price Down
3/22/2024	$1,870,000		Listed Price

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951 South Ardmore Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $1,825,000 with 3,888 sqft and a lot size of 0.14. 951 South Ardmore Avenue is a studio with 0.0 baths and was built in 1960. The property's zip code is 90006 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/1/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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951 South Ardmore Avenue

Multi-Family Home for sale in Los Angeles, CA

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