1045 N Ardmore Avenue, Los Angeles, CA 90029

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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1045 N Ardmore Avenue,Los Angeles, CA 90029
$3,750,000
  • 15 Beds
  • 16 Baths
  • 10,780 sq. ft.
  • Multi-family
  • Active
Listed by:kian maronde
Office:marcus & millichap
MLS#:25555877
Source:CRMLS

Price summary

  • Price:$3,750,000
  • Price per sq. ft.:$347.87

About this home

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,

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Home facts

  • Year built:1963
  • Listing Id #:25555877
  • Added:52 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:16
  • Living area:10,780 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace, Wall Furnace

Structure and exterior

  • Year built:1963
  • Building area:10,780 sq. ft.
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$3,750,000
  • Price per sq. ft.:$347.87
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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