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Image 1 - 931 South Ardmore Avenue, Los Angeles, CA 90006, USA - House for sale

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Home For Sale In Los Angeles, California

931 South Ardmore Avenue, Los Angeles, CA 90006, USA

Home For Sale In Los Angeles, California

house for sale

6 views

Listed: 03/17/24

931 South Ardmore Avenue, Los Angeles, CA 90006, USA

Studio Bed:

58 Bath:

40,000 Sq Ft Living Area:

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Price

$ 4,98M

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About This House

RTI Ready! Presenting an opportunity for Investors and Developers to acquire a 54-unit, seven-story development project with RTI(Ready to Issue) plans. This exceptional offering encompasses 927 and 933 S Ardmore, the 2 lots totaling13, 524square feet of prime land in the most sought after Koreatown Los Angeles. The proposed development spans an impressive40, 000square feet and comprises nine-teen (19) studio, 1 bathroom units, twenty-six (26) 1 bedroom, 1 bath units and nine (9) 2 bedroom, 2 bathroom units. The project incorporates Fifty (50) conveniently located parking spaces including fifteen (15) of the EV Parking spaces. Forty- eight (48) of the proposed units will beMARKETrate while there are six (6) low income affordable units. According to the new ADU law, adding10 ADUmaybe feasible totaling Sixty-Four(64) units, buyer is to independently verify all information. R4-1 Zoning, TOC Tier 3. Delivered Vacant.

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Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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