917 N Ardmore Avenue, Los Angeles, CA 90029

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
917 N Ardmore Avenue,Los Angeles, CA 90029
$2,000,000
  • 9 Beds
  • 10 Baths
  • 5,666 sq. ft.
  • Multi-family
  • Active
Listed by:william james
Office:lyon stahl investment real estate, inc.
MLS#:25525603
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$352.98

About this home

We are pleased to present 917 N. Ardmore Avenue, a 10-unit multifamily investment opportunity located in the heart of Hollywood, ideally situated between Melrose Avenue and Santa Monica Boulevard. Built in 1959, the property offers an excellent unit mix comprising one (1) studio and nine (9) one-bedroom, one-bathroom units, totaling approximately 5,666 square feet of rentable space. The building is situated on a generous 9,050 square foot lot zoned LAR3, providing significant development potential. The units are distributed across two separate structures with ample on-site open parking. With nearly 25% rental upside, this offering presents a compelling value-add opportunity. A new owner can capitalize on below-market rents as units turn, while also exploring the potential to add additional units on the spacious R3-zoned lot. Priced at 11 times gross rent, attractive new acquisition financing is available.

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Home facts

  • Year built:1959
  • Listing ID #:25525603
  • Added:147 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:9
  • Total bathrooms:10
  • Living area:5,666 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1959
  • Building area:5,666 sq. ft.
  • Lot area:0.21 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$352.98
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