1147 S Ardmore Ave Los Angeles, CA 90006

Located in the desirable Koreatown/Mid-Wilshire area, this LAR3-zoned multifamily property presents an excellent opportunity for investors, developers, or owner-users seeking a centrally located asset with long-term potential. Situated in an established neighborhood experiencing continued revitalization and redevelopment, the property offers flexibility for a variety of investment strategies, including renovation, repositioning, or long-term ownership. The existing improvements may provide income-generating potential while future plans are explored. The property requires TLC and is being sold AS IS. Buyer is advised to independently verify all information, including square footage, permits, zoning, allowable uses, development potential, and all other aspects of the property with the City of Los Angeles and appropriate licensed professionals. Seller is currently in the process of tenant relocation. Buyers are advised to conduct their own due diligence regarding the property's occupancy status, tenant rights, and the timing of any vacancy. Contact the listing agent for the most current information.