979 S Ardmore Ave, Los Angeles, CA 90006

979 South Ardmore Avenue is a NON-RENT CONTROLLED, 12-unit bungalow-style courtyard apartment located in Koreatown (90006), one of LA's most dynamic neighborhoods. The building was built in 1927 and consists of twelve units (12). Four (4) 1 Bedroom / 1 Bathroom units and eight (8) studio apartments. The property has significant upside potential in rents, make it an ideal investment for savvy investors who can expect good return on their investment. NON-RENT CONTROLLED - The City of LA had a program in the mid-1980's allowing an owner to undergo particular interior renovations to the interior of units which in-turn transfers the status to a non-rent controlled property and making it EXEMPT from LA City's rent control ordinance.