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1128 S Ardmore AVE Los Angeles, CA 90006
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Key Details
Sold Price $1,005,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR23114442
Sold Date 07/28/23
HOA Y/N No
Lot Size 5,902 Sqft
Property Description
Vinco Realty Group is pleased to present 1128 S Ardmore Ave, a well-positioned investment opportunity in Los Angeles. The 5,904 square foot lot offers the potential for a new development project, ADU options, or buy and hold opportunity with a fantastic floorplan offering 3 bedrooms and 1 bathroom on 1,182/SF of livable square footage. The property is within the Los Angeles City planning jurisdiction with an R3-1 zoning code designation and a TOC Tier 2 category (unverified). The site offers ample opportunities for a builder, developer, or passive investor looking to buy and hold long-term. The Koreatown neighborhood continues to be an epicenter for shopping, dining, and entertainment options for tourists and local Angelenos, Its location and culturally diverse neighborhoods have rightfully become one of the most sought-after areas in Los Angeles, with many developers and investors using the generous density options and investment opportunities available. Metro has recently launched the Purple Line extension, bringing more connectivity to the westside with more visitors, renters, and stakeholders looking to set a footprint in the Koreatown area.
Location
State CA
County Los Angeles
Area C17 - Mid-Wilshire
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Urban
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Water Public
New Construction No
Others
Senior Community No
Tax ID 5080034022
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Fannie Mae, Freddie Mac
Financing Cash
Special Listing Condition Standard
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Bought with Christopher Martinez Diaz Vinco Vinco Realty & Investments Inc
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