Apartment Building, Pacific West Region

Property Description

This one is in very good area, high density and strong renter base: 127k+ population and 93% renters within 1 mile, Western & Olympic (Downtown LA) with good rents. Need some cosmetic fixing. Near Galleria Market 7 Koreatown Plaza.

Marketing Analysis based on 922 Ardmore stats, 925 not in title information

Units 8
Unit mix 2/1-1
1/1-1
single-3
Occupancy rate 100%
Bldg size 5,248
Living space 656sqft
Price per unit 124,875
Lot size 6,752
Year built 1947
Selling price $999,000.
NOI N/A

MARKET ANALYSIS

Average Unit mix 2/2
Average Building size N/A
Median living space 986spft
Median selling price 213,500 to $325,000/unit
Median Value $245,000
Median age 24 Years

Images

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