1550 S Ardmore Ave Los Angeles, CA 90006

Building Details

Year Built

1900

Listing agency CRE Advisory Service

Listed by Jesse Lee · License #CA 01430358

Source Crexi

Added: Jul 6 Updated: Jul 21 at 1:15PM Checked: Jul 21 at 1:15PM

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Investment Insights

Based on property information with market context.

This for-sale apartment building is configured as a 5-unit income property described as a value-add opportunity. The seller’s materials highlight a 6.0% current cap, and the listing notes the property has been price reduced.

The property is located at 1550 S Ardmore Ave, Los Angeles, CA 90006. This offering is positioned for investors and owner-operators looking at the building’s current income profile and upside associated with the stated value-add approach.

The asking price shown is $964,000.

Key Highlights

• 5‑unit apartment building for sale
• Year built: 1900
• Stated 6.0% current cap

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FAQs

What type of property is this?

Apartment building - For sale 5-unit apartment building with a stated 6.0% current cap and value-add opportunity.

Where is this apartment building located?

The property is located at 1550 S Ardmore Ave Los Angeles, CA.

What is the asking price?

The asking price for this property is $964,000.

What are key features of this property?

This property features: 5‑unit apartment building for sale; Year built: 1900; Stated 6.0% current cap