Vinco Realty Group is pleased to present 1128 S Ardmore Ave, a well-positioned investment opportunity in Los Angeles. The 5,904 square foot lot offers the potential for a new development project, ADU options, or buy and hold opportunity with a fantastic floorplan offering 3 bedrooms and 1 bathroom on 1,182/SF of livable square footage. The property is within the Los Angeles City planning jurisdiction with an R3-1 zoning code designation and a TOC Tier 2 category (unverified). The site offers ample opportunities for a builder, developer, or passive investor looking to buy and hold long-term.
The Koreatown neighborhood continues to be an epicenter for shopping, dining, and entertainment options for tourists and local Angelenos,
Its location and culturally diverse neighborhoods have rightfully become one of the most sought-after areas in Los Angeles, with many developers and investors using the generous density options and investment opportunities available. Metro has recently launched the Purple Line extension, bringing more connectivity to the westside with more visitors, renters, and stakeholders looking to set a footprint in the Koreatown area.
Sold for $1,005,000 on 08/08/23
Listing Provided by:
Christopher Martinez Diaz DRE #01917060 323-303-3410,
Vinco Vinco Realty & Investments Inc
Bought with: Vinco Vinco Realty & Investments Inc
$1,005,000
1128 S Ardmore Ave, Los Angeles, CA 90006
3beds
1,182sqft
Single Family Residence
Built in 1904
5,904 Square Feet Lot
$1,094,900 Zestimate®
$850/sqft
$2,925 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: August 08, 2023 at 05:41pm
Listing Provided by:
Christopher Martinez Diaz DRE #01917060 323-303-3410,
Vinco Vinco Realty & Investments Inc
Bought with:
Christopher Martinez Diaz, DRE #01917060
Vinco Vinco Realty & Investments Inc
Source: CRMLS,MLS#: SR23113721
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,182 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Has view: Yes
- View description: Neighborhood, None
Lot
- Size: 5,904 sqft
- Features: Rectangular Lot
Details
- Parcel number: 5080034022
- Zoning: LAR3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
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Estimated market value
$1,094,900