1045 N Ardmore Avenue
Los Angeles, CA 90029
15
Bed
0
Bath
10,780Sqft
9,024Sqft(Lot)
Huge ~600k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.25% Cap Rate from day 1 with 39% upside to a 9.5% Cap on Proforma! Attractively priced at only $306/SF and $253k/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 Vermon
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 15Bathroom Information
Total Baths: 16 Full Baths: 0 Half Baths: 0 -
Heating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1963 Building Area Total: 10,780
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2072 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 9024
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Listing Price Information
Original List Price: 3,295,000 Listing Contract Date: 2026-07-01 -
Lease Information
Listing Agreement: Seller Reserved
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Tax Information
Parcel Number: 5537019028
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Garage and Parking
Garage Description: GatedHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C20 - Hollywood Postal Code Plus 4: 2456 Directions: From Santa Monica, Turn South Onto Ardmore. Zoning: LAR3 Source Property Type: Residential Income Area: C20 - Hollywood -
Building and Construction
Property Age: 63 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 10780 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1209 Hyperion Avenue, Los Angeles, CA, 90029 | $1,129,000 | -- | -- | 2,945 | 2,945 SqFt |
| 1119 Sanborn Avenue, Los Angeles, CA, 90029 | $1,950,000 | 3 | 3 | 1,977 | 1,977 SqFt |
| 1022 Hyperion Avenue, Los Angeles, CA, 90029 | $1,599,000 | 4 | -- | 1,824 | 1,824 SqFt |
| 1012 Manzanita Street, Los Angeles, CA, 90029 | $2,495,000 | 6 | -- | 2,705 | 2,705 SqFt |
| 1012 Manzanita Street, Los Angeles, CA, 90029 | $2,495,000 | 6 | 4 | 2,705 | 2,705 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 |
| 1180 N Hoover Street, Los Angeles, CA, 90029 | $1,195,000 | 3 | 1 | 1,166 | 1,166 SqFt |
| 863 1/2 Hyperion Avenue, Los Angeles, CA, 90029 | $2,800,000 | 4 | 4 | 2,853 | 2,853 SqFt |
| 1000 Myra Avenue, Los Angeles, CA, 90029 | $1,695,000 | 3 | 2 | 1,513 | 1,513 SqFt |
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ByOwner last updated this listing 07/06/2026 @ 22:11
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