543 N Ardmore Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
543 N Ardmore Avenue,Los Angeles, CA 90004
$2,300,000
  • 14 Beds
  • 14 Baths
  • 9,320 sq. ft.
  • Multi-family
  • Active
Listed by: dana coronado, nicole apostolos
Office: compass
MLS#:26648059
Source:CRMLS

Price summary

  • Price:$2,300,000
  • Price per sq. ft.:$246.78

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 11.29 GRM on current rents and under $250/SF, the property stands out as an excellent "value add" opportunity with appx. 56% 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...

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Home facts

  • Year built:1958
  • Listing ID #:26648059
  • Added:50 day(s) ago
  • Updated:March 28, 2026 at 01:23 PM

Rooms and interior

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

Heating and cooling

  • Heating:Natural Gas, Wall Furnace

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:$2,300,000
  • Price per sq. ft.:$246.78

Features and amenities

  • Appliances:Disposal, Gas Oven
  • Laundry features:Common Area, Laundry Room
  • Amenities:Carbon Monoxide Detectors, Ceiling Fans, Gated Community, Multiple Staircases, Smoke Detectors, Storage Space

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
Based on information from California Regional Multiple Listing Service, Inc. as of March 28, 2026 . 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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