1045 N Ardmore Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
1045 N Ardmore Avenue,Los Angeles, CA 90029
$3,500,000
  • 15 Beds
  • 16 Baths
  • 10,780 sq. ft.
  • Multi-family
  • Active
Listed by: armin soleimani, julio ruiz
Office: global platinum properties, inc.
MLS#:26641735
Source:CRMLS

Price summary

  • Price:$3,500,000
  • Price per sq. ft.:$324.68

About this home

3rd Price Reduction! Renovated 13-unit building cash flowing at an amazing 6% Cap Rate from day 1 with 37% upside to an 9% Cap on Proforma! Attractively priced at only $324/SF and $269k/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 may be 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 #:26641735
  • Added:51 day(s) ago
  • Updated:March 06, 2026 at 11:42 AM

Rooms and interior

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

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1963
  • Building area:10,780 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Traditional
  • Levels:2 Story

Finances and disclosures

  • Price:$3,500,000
  • Price per sq. ft.:$324.68

Parking

  • Total parking spaces:9
  • Parking description:Gated
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