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975 S Ardmore Ave
Los Angeles, CA 90006 Koreatown

Price Upon Request

Apartments For Sale  •  4,830 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,830 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1925
  • Zoning R4, Los Angeles
73 Transit Score
96 Walk Score

Highlights

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

Financial Summary (Actual)

Net Operating Income: $102,077 USD (2024)
Total Expenses: $58,822 USD

Public Transportation

Commuter RailDriveWalkDistance
10 min - 4.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 13 min - 4.8 mi
Transit/SubwayDriveWalkDistance
Wilshire/Normandie Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
Wilshire/Western Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Los Angeles International 24 min - 12.7 mi
Bob Hope 25 min - 12.8 mi
Long Beach (Daugherty Field) 34 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes