1045 N Ardmore Avenue
Los Angeles, CA 90029
15
Bed
16
Bath
10,780Sqft
9,024Sqft(Lot)
Huge ~700k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.5% Cap Rate from day 1 with 39% upside to a 9.8% Cap on Proforma! Attractively priced at only $296/SF and $245k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (2 of which have not been officially assigned and may be rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 15Bathroom Information
Total Baths: 16 -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace
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Building Information
Year Built: 1963Building Area Total: 10780Stories: 2Private Pool: No
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Lot Information
Main Square Feet: 9024 Lot Size Acres: 0.2072 Lot Size Square Feet: 9,024
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Listing Price Information
Listing Price: $3195000Original Price: $3295000
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Tax Information
Parcel Number: 5537019028
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Virtual Tour
Parking Information
Parking Total: 9 Gated
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Location Information
Direction: From Santa Monica, Turn South Onto Ardmore.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1149 Manzanita Street, Los Angeles, CA, 90029 | $1,189,000 | 2 | 1 | 1,052 | 1,052 SqFt |
| 1125 Sanborn Avenue, Los Angeles, CA, 90029 | $1,769,000 | 3 | 3 | 1,977 | 1,977 SqFt |
| 4202 Lexington Avenue, Los Angeles, CA, 90029 | $1,400,000 | 10 | 6 | 4,264 | 4,264 SqFt |
| 4308 Gateway Ave, Los Angeles, CA, 90029 | $1,950,000 | -- | -- | 3,444 | 3,444 SqFt |
| 4326 Gateway Avenue, Los Angeles, CA, 90029 | $1,675,000 | 4 | -- | 3,237 | 3,237 SqFt |
| 832 Hyperion Avenue, Los Angeles, CA, 90029 | $2,250,000 | 10 | 6 | 4,785 | 4,785 SqFt |
| 1000 Myra Avenue, Los Angeles, CA, 90029 | $1,695,000 | 3 | 3 | 1,513 | 1,513 SqFt |
| 1135 N Commonwealth Ave.., Los Angeles, CA, 90029 | $1,299,995 | 3 | 3 | 1,571 | 1,571 SqFt |
| 760 N Arthur Road, Los Angeles, CA, 90029 | $1,995,000 | 3 | 3 | 2,538 | 2,538 SqFt |
| 4523 Lexington Avenue, Los Angeles, CA, 90029 | $1,075,000 | 3 | 2 | 1,184 | 1,184 SqFt |
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ByOwner last updated this listing 08/26/2026 @ 09:33
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