Residential Income - Los Angeles, CA

1722 S Ardmore Ave. is a meticulously preserved California Craftsman located in Historic Harvard Heights. This gated property features 4 large 1 bedroom units on a quiet street. 2 of the units will be delivered vacant, offering immediate upside, while the other 2 will be delivered with tenants in place. Property has recently undergone upgrades including a partial remodel of 2 of the units and a complete exterior paint job. Large backyard area offers a unique opportunity to build an ADU and achieve above market returns, offering a potential 6.2% cap rate, while adding significant value to the property (buyer to verify)!