917 N Ardmore Avenue
Los Angeles, CA, 90029
$2,000,000
Beds
0 Baths
SqFt
0.21 Acres
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MLS #25525603 image #0
We are pleased to present 917 N. Ardmore Avenue, a 10-unit multifamily investment opportunity located in the heart of Hollywood, ideally situated between Melrose Avenue and Santa Monica Boulevard. Built in 1959, the property offers an excellent unit mix comprising one (1) studio and nine (9) one-bedroom, one-bathroom units, totaling approximately 5,666 square feet of rentable space. The building is situated on a generous 9,050 square foot lot zoned LAR3, providing significant development potential. The units are distributed across two separate structures with ample on-site open parking. With nearly 25% rental upside, this offering presents a compelling value-add opportunity. A new owner can capitalize on below-market rents as units turn, while also exploring the potential to add additional units on the spacious R3-zoned lot. Priced at 11 times gross rent, attractive new acquisition financing is available.

Property Details

Price:
$2,000,000
MLS #:
25525603
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
c20hollywood
Listed Date:
May 1, 2025
Lot Size:
9,053 sqft / 0.21 acres (approx)
Year Built:
1959
Mid Century ModernC20hollywood

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Schools

Interior

Appliances
Refrigerator, Gas Range
Cooling
Wall/Window Unit(s)
Heating
Wall Furnace

Exterior

Architectural Style
Mid Century Modern
Construction Materials
Stucco
Parking Features
Assigned, Uncovered
Parking Spots
8.00
Security Features
Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s)

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

    917 N Ardmore Avenue Los Angeles CA is a Residential Income for sale in Los Angeles, CA, 90029. It is listed for $2,000,000

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