For Sale

Listed by Sean Rosenzweig from Marcus & Millichap

Source: Combined LA Westside Multiple Listing Service, Inc #25512505

1266 N Ardmore Ave, Los Angeles, CA, 90029

$1,950,000

10
9
2
6340 sq. ft.
7939 sq. ft.

Other

•

30+ days on the market

What's around 1266 N Ardmore Ave

About this property

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a nine-unit apartment community located at 1266 North Ardmore Avenue. The subject property is located south of Fountain Avenue and west of Normandie Avenue. Located in the heart of vibrant East Hollywood, this property offers easy access to trendy cafes, local shops, and iconic entertainment in Hollywood, Silver Lake & Echo Park. Its prime location offers easy access to both Sunset Junction, about a mile east, and the Hollywood Freeway, providing an ideal combination of walkability and drivability. With increasing foot traffic, rising demand, and undeniable growth, this area is on a clear upward trajectory. Situated on a 7,939 square foot parcel, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. The property has more than 33% remaining rental upside through unit renovations. 1266 North Ardmore Avenue offers a compelling opportunity to acquire a property in a sought-after pocket of East Hollywood combined with value-add potential to achieve enhance future returns.

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