917 N Ardmore Avenue, Los Angeles, CA 90029

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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:104 day(s) ago
  • Updated:August 13, 2025 at 01:10 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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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