1045 N Ardmore Avenue
Los Angeles, CA, 90029
$3,750,000
Beds
0 Baths
SqFt
0.21 Acres
Add
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Price Reduction! Renovated 13-unit building cash flowing at an amazing 5.25% Cap Rate from day 1 with 41% upside to an 8.2% Cap on Proforma! Attractively priced at only $348/SF and $288k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (4 of which have not been officially assigned and maybe rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy’s Restaurant, Courage Bagels, and many more.

Property Details

Price:
$3,750,000
MLS #:
25555877
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c20hollywood
Listed Date:
Jun 23, 2025
Lot Size:
9,022 sqft / 0.21 acres (approx)
Year Built:
1963
C20hollywood

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Schools

Interior

Appliances
Microwave, Refrigerator
Cooling
Central Air
Heating
Wall Furnace, Central

Exterior

Parking Features
Assigned
Parking Spots
9.00

Financial

Map

Community

Market Summary

Current real estate data for Residential Income in Los Angeles as of Oct 24, 2025
1,649
Residential Income Listed
213
Avg DOM
$1,944,059
Avg List Price

Property Summary

    1045 N Ardmore Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90029. It is listed for $3,750,000

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