PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a nine-unit apartment community located at 1266 North Ardmore Avenue. The subject property is located south of Fountain Avenue and west of Normandie Avenue. Located in the heart of… Read More vibrant East Hollywood, this property offers easy access to trendy cafes, local shops, and iconic entertainment in Hollywood, Silver Lake & Echo Park. Its prime location offers easy access to both Sunset Junction, about a mile east, and the Hollywood Freeway, providing an ideal combination of walkability and drivability. With increasing foot traffic, rising demand, and undeniable growth, this area is on a clear upward trajectory. Situated on a 7,939 square foot parcel, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. The property has more than 33% remaining rental upside through unit renovations. 1266 North Ardmore Avenue offers a compelling opportunity to acquire a property in a sought-after pocket of East Hollywood combined with value-add potential to achieve enhance future returns. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
10
Square Ft.
6,340
Lot Size
0.18 Acres
Year Built
1924
MLS Number
25512505
30 Days Snapshot Of 90029
$628k
-54%
(avg) sold price
2
0%
homes sold
88
+29%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,340 sq ft, Built in 1924, Levels: Two
Disclosures
None
Garage
None
Lot
LotAcreage: 0.1843, LotSizeArea: 7,939
Parking
TotalParking: 2
Property
NumberOfUnits: 9, Zoning: LARD1.5
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