1045 N Ardmore Avenue, Los Angeles, CA 90029
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
1045 N Ardmore Avenue,Los Angeles, CA 90029
$3,695,000
- 15 Beds
- 16 Baths
- 10,780 sq. ft.
- Multi-family
- Active
Listed by:jason tuvia
Office:marcus & millichap
MLS#:25583171
Source:CRMLS
Price summary
- Price:$3,695,000
- Price per sq. ft.:$342.76
About this home
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 $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.
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Home facts
- Year built:1963
- Listing ID #:25583171
- Added:98 day(s) ago
- Updated:September 26, 2025 at 10:31 AM
Rooms and interior
- Bedrooms:15
- Total bathrooms:16
- Living area:10,780 sq. ft.
Structure and exterior
- Year built:1963
- Building area:10,780 sq. ft.
- Lot area:0.21 Acres
Finances and disclosures
- Price:$3,695,000
- Price per sq. ft.:$342.76
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