Skip To Content

    1722 S Ardmore Avenue

    Los Angeles (City), CA 90006
    • $965,000
    • STATUS: Active Under Contract
    • ON SITE: 31 days
    • ID#: 21754454
    Under Contract
    $965,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Ratings & Info

    Description

    1722 S Ardmore Ave. is a meticulously preserved California Craftsman 4 plex located in Historic Harvard Heights that has recently undergone an exterior facelift and offers major upside potential! This gated property features 4 oversized 1 bedroom units on a quiet street. 1 unit will be delivered vacant, offering immediate upside, while the other 3 will be delivered with tenants in place. Large backyard area offers a unique opportunity to build up to 2 ADUs and achieve above market returns, offering a potential 7.8% cap rate, while adding significant value to the property (buyer to verify)!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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 or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118876053
    Print Image

    1722 S Ardmore Avenue Los Angeles (City), CA 90006

    • Price: $965,000
    • Status: Active Under Contract
    • ID#: 21754454
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1910
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    1722 S Ardmore Ave. is a meticulously preserved California Craftsman 4 plex located in Historic Harvard Heights that has recently undergone an exterior facelift and offers major upside potential! This gated property features 4 oversized 1 bedroom units on a quiet street. 1 unit will be delivered vacant, offering immediate upside, while the other 3 will be delivered with tenants in place. Large backyard area offers a unique opportunity to build up to 2 ADUs and achieve above market returns, offering a potential 7.8% cap rate, while adding significant value to the property (buyer to verify)!
    Exterior Features

    Architectural Style Craftsman Direction Faces West Parking Features Driveway View City Lights View YN Yes

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes

    Property Features

    Disclosures Rent Control Gross Income 59592 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 39517 Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lar2

    Listing provided courtesy of Shaya Lowenstein of Keller Williams Larchmont


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-01T00:28:22.747. 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 or Twiss Realty. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365707113-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365707113-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365707113-2.jpg
    Logo
    Twiss Realty
    5071-A Cole Road
    Mariposa CA, 95338