6-Unit Multifamily Apartment
For Sale
$1,680,000
978 S Ardmore AVE, Los Angeles, CA 90006
Six well-maintained two-bedroom, one-bath units with rear parking provide steady residential income in LAR4 zoning.
Property Size3,962 SF
Price / SF$424.03
Days on Market97
Property Features for 978 S Ardmore AVE
General Information
Standard status
Active
Size
3,962 SF
Total Parking Spaces
6
Property subtype
Apartment
Zoning
LAR4
Additional Details
Multifamily Units
6
Building Details
Building Size
3,962 SF
Year Built
1962
Listing Agency:
IRN Realty
Listed By:
Fred Lam · License #01099825
(626) 695-6006
Source:
Carolinakramer
Added: Jun 2
Changed: Aug 31
Last Checked: Sep 5 at 8:47AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of IRN Realty
Investment Insights
Based on property information with market context.
This for-sale multifamily property consists of six apartment units configured as two bedrooms and one bathroom each. The asset is described as clean and well maintained. The property includes a total of six parking spaces located at the rear of the building. The public remarks also note that no soft story earthquake seismic retrofit is needed.
The building is located in Koreatown, with banks, shopping, restaurants, and transportation within a minute walking distance. The property is identified as being zoned LAR4. The remarks reference potential for additional development, including ADU and storage units, subject to applicable requirements.
For tenants or owner-operators seeking a compact, manageable residential income asset, the unit mix and onsite parking are practical day-to-day considerations. Investors evaluating LAR4 multifamily opportunities may also consider the stated possibility for ADU and storage additions as a way to expand utility on the site, subject to approvals. Please note that tenants should not be disturbed; drive-by viewing is requested.
The building is located in Koreatown, with banks, shopping, restaurants, and transportation within a minute walking distance. The property is identified as being zoned LAR4. The remarks reference potential for additional development, including ADU and storage units, subject to applicable requirements.
For tenants or owner-operators seeking a compact, manageable residential income asset, the unit mix and onsite parking are practical day-to-day considerations. Investors evaluating LAR4 multifamily opportunities may also consider the stated possibility for ADU and storage additions as a way to expand utility on the site, subject to approvals. Please note that tenants should not be disturbed; drive-by viewing is requested.
Key Highlights
- 6‑unit apartment building in Koreatown with all units featuring 2 bedrooms and 1 bathroom
- LAR4 zoning and no Soft Story Earthquake Seismic Retrofit needed
- Total of 6 parking spaces located at the rear of the property
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
6,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six well-maintained two-bedroom, one-bath units with rear parking provide steady residential income in LAR4 zoning.
Where is this apartment building located?
The property is located at 978 S Ardmore AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: 6‑unit apartment building in Koreatown with all units featuring 2 bedrooms and 1 bathroom; LAR4 zoning and no Soft Story Earthquake Seismic Retrofit needed; Total of 6 parking spaces located at the rear of the property
