N Ardmore AV
Los Angeles, CA, 90029
$3,695,000
14 Beds
14 Baths
9,940 SqFt
0.21 Acres
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Price Reduction! Renovated 13-unit building cash flowing at an amazing 5.5% Cap Rate from day 1 with 40% upside to an 8.4% Cap on Proforma! Attractively priced at only $342/SF and $284k/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:
$3,695,000
MLS #:
25609141
Status:
Active
Beds:
14
Baths:
14
Type:
Single Family
Neighborhood:
c20
Listed Date:
Oct 21, 2025
Finished Sq Ft:
9,940
Total Sq Ft:
9,940
Lot Size:
9,024 sqft / 0.21 acres (approx)
Year Built:
1963
C20C20

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Financial

Gross Operating Income
$287,802
Net Operating Income
$203,228

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Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Oct 30, 2025
2,315
Single Family Listed
57
Avg DOM
955
Avg $ / SqFt
$1,980,813
Avg List Price

Property Summary

    N Ardmore AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90029. It is listed for $3,695,000 and features 14 beds, 14 baths, and has approximately 9,940 square feet of living space, and was originally constructed in 1963. The current price per square foot is $372. The average price per square foot for Single Family listings in Los Angeles is $955. The average listing price for Single Family in Los Angeles is $1,980,813.

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