543 N Ardmore Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
543 N Ardmore Avenue,Los Angeles, CA 90004
$2,000,000
  • 14 Beds
  • 14 Baths
  • 9,320 sq. ft.
  • Multi-family
  • Active
Listed by: dana coronado, nicole apostolos
Office: compass818-783-7721
MLS#:26648059
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$214.59

About this home

Fantastic 12 unit building that has been in the same family since it was built in 1958. The property features a desirable unit mix of 10 spacious (1Br+1Ba) units and 2 (2Br+2Ba) with an average unit size of 775 SF. Offered at under 9.82 GRM on current rents and under $214/SF, the property stands out as an excellent "value add" opportunity with appx. 69% upside in rents, NOT including ADU potential. The property has seismic retrofitting and tuck under and carport parking with ADU potential (Buyer to verify). A new roof was installed in 2025. Laundry and storage rooms in the rear. The property is located just south of Melrose Avenue in the heart of Melrose Hill. Excellent access to LA City College, as well as major employment and lifestyle hubs, including post-production studios, creative office corridors, and media companies, and is only minutes from Paramount Studios. Its central location provides convenient connectivity to Hollywood, Koreatown, Silver Lake and DTLA, making it highly...

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Home facts

  • Year built:1958
  • Listing ID #:26648059
  • Added:137 day(s) ago
  • Updated:June 23, 2026 at 10:49 AM

Rooms and interior

  • Bedrooms:14
  • Total bathrooms:14
  • Flooring:Laminate, Tile
  • Kitchen Description:Disposal, Gas Oven
  • Living area:9,320 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Roof:Composition, Shingle
  • Year built:1958
  • Building area:9,320 sq. ft.
  • Lot area:0.25 Acres
  • Architectural Style:Mid Century Modern
  • Construction Materials:Stucco
  • Foundation Description:Raised
  • Levels:2 Story

Utilities

  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$214.59

Features and amenities

  • Appliances:Disposal
  • Amenities:Carbon Monoxide (CO2) Detector, Ceiling Fans, Multiple Staircases, Storage

Parking

  • Total parking spaces:12
  • Parking description:5 Carport Space(s), Assigned, Controlled Entrance, Covered, Detached Carport, Gated
  • Garage:Yes
  • Garage spaces:6
  • Carport spaces:5
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