508 N Ardmore Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
508 N Ardmore Avenue,Los Angeles, CA 90004
$1,699,000
  • 11 Beds
  • 6 Baths
  • 4,103 sq. ft.
  • Multi-family
  • Active
Listed by: max lee
Office: real broker619-663-8680
MLS#:26846831
Source:CRMLS

Price summary

  • Price:$1,699,000
  • Price per sq. ft.:$414.09

About this home

PRICE DROPPED TO SELL FAST!! 2 UNITS WILL BE DELIVERED VACANT AT COE. "Rare East Hollywood value-add opportunity with immediate operational upside and vacancy leverage at close." All the buyers want: Cash flow NOW Ability to raise NOI FAST Low interest rate leverage Airbnb / furnished rental angle Future appreciation Potential redevelopment (LAR3) 5.5% commercial rates are VERY attractive right now "At today's favorable commercial financing environment, investors have a rare opportunity to leverage immediate upside with strong long-term appreciation potential." 2 VACANT UNITS This is your GOLD. LA multifamily buyers LOVE: Immediate repositioning No eviction headache Instant NOI increase" Two vacant units delivered at close create immediate flexibility for market-rate leasing, furnished rental operations, or owner-user occupancy." "Potential opportunity for furnished rental or short-term rental strategy (buyer to verify local regulations). "VALUE-ADD STRATEGY investors thinking:...

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Home facts

  • Year built:1916
  • Listing ID #:26846831
  • Added:61 day(s) ago
  • Updated:August 12, 2026 at 11:16 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:6
  • Kitchen Description:Dishwasher, Disposal, Refrigerator
  • Living area:4,103 sq. ft.

Heating and cooling

  • Cooling:Dual
  • Heating:Combination, Electric

Structure and exterior

  • Year built:1916
  • Building area:4,103 sq. ft.
  • Lot area:0.19 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$1,699,000
  • Price per sq. ft.:$414.09

Features and amenities

  • Appliances:Dishwasher, Disposal

Parking

  • Total parking spaces:5
  • Parking description:Assigned
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