917 N Ardmore Avenue

Los Angeles, CA 90029

  • 9 Bed(s)
  • 0 Bath(s)
  • 5,666 Sqft
  • 9053
    Sqft(Lot)
$2,200,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Mid-Century Modern

  • AD ID

    49571665

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Property Details

  • Bedroom Information

    • Total Bedrooms : 9

    Bathroom Information

    • Total Baths: 10
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Sewer : Other

    Interior Features

    • Property Appliances: Gas Range,Refrigerator
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1959
    • Building Area Total: 5,666
    • Construction: Stucco

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars

    Pool Features

    • None

    Patio And Porch

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2078
    • Lot Size Dimensions: 50x181
    • Lot Size Source: Vendor Enhanced
    • Lot Size Square Feet: 9053

  • Listing Price Information

    • Original List Price: 2,200,000
    • Listing Contract Date: 2025-05-01

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5537024017

  • Garage and Parking

    • Garage Description: Assigned,Uncovered

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C20 - Hollywood
    • Postal Code Plus 4: 3355
    • Directions: Head South on Ardmore from Santa Monica Blvd. The subject property is on the West side of the street.
    • Zoning: LAR3
    • Source Property Type: Residential Income
    • Area: C20 - Hollywood

    Building and Construction

    • Property Age: 66
    • Year Built Source: Vendor Enhanced
    • Total Square Feet Living: 5666
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 05/07/2025 @ 02:48

  • MLS: 25525603
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 9 bedrooms which is for sale, it has 5,666 sqft, 9,053 sized lot, and 0 parking. are nearby neighborhoods.