917 N Ardmore Avenue
Los Angeles, CA 90029
- – beds
- – baths
- – sqft
- 9,053 sqft lot
- 1959 build
- – on site
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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Last updated May 9, 2025
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MLS# 25525603 —
The Building
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Year Built:1959
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New Construction:No
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Construction Materials:Stucco
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Building Area Total:5666.00
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Total Number Of Units:10
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# of Buildings:2
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Architectural Style:Mid Century Modern
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Stories Total:2
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Faces:East
Interior
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Levels:Multi/Split
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Fireplace:No
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Fireplace:None
Location
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Directions:Head South on Ardmore from Santa Monica Blvd. The subject property is on the West side of the street.
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Latitude:34.08686800
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Longitude:-118.30225300
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Features:Rectangular Lot
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Lot Size Area:9053.0000
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Lot Size Dimensions:50x181
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Lot Size Acres:0.2078
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Lot Size SqFt:9053.00
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View:1
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View:City Lights
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Security Features:Window Bars, Smoke Detector(s), Carbon Monoxide Detector(s)
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5537024017
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Other
Appliances
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Appliances:Refrigerator, Gas Range
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Included:Yes
The Community
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned, Uncovered
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Parking Spaces:8.00
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Uncovered Spaces:7.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/25
May 1, 2025
|
Listed / Active | CRMLS_CA | $2,200,000 |