508 N Ardmore Avenue
Los Angeles, CA 90004
11
Bed
6
Bath
4,103Sqft
8,250Sqft(Lot)
PRICE DROPPED TO SELL FAST!! 2 UNITS WILL BE DELIVERED VACANT AT COE. "Rare East Hollywood value-add opportunity with immediate operational upside and vacancy leverage at close." All the buyers want: Cash flow NOW Ability to raise NOI FAST Low interest rate leverage Airbnb / furnished rental angle Future appreciation Potential redevelopment (LAR3) 5.5% commercial rates are VERY attractive right now "At today's favorable commercial financing environment, investors have a rare opportunity to leverage immediate upside with strong long-term appreciation potential." 2 VACANT UNITS This is your GOLD. LA multifamily buyers LOVE: Immediate repositioning No eviction headache Instant NOI increase" Two vacant units delivered at close create immediate flexibility for market-rate leasing, furnished r
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 11Bathroom Information
Total Baths: 6 -
Interior Features
Appliances: Dishwasher, Disposal, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Combination, Electric Has Cooling: Yes Cooling: Dual
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Building Information
Year Built: 1916Building Area Total: 4103Stories: 1Private Pool: No
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Lot Information
Lot Dimensions: 53x150 Main Square Feet: 8250 Lot Size Acres: 0.1894 Lot Size Square Feet: 8,250
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Listing Price Information
Listing Price: $1699000Original Price: $1750000
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Tax Information
Parcel Number: 5520012015
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Virtual Tour
Parking Information
Parking Total: 5 Assigned
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Location Information
Direction: Adjacent to Hancock Park, South of Melrose Ave. West of Normandie Ave.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 542 N Commonwealth, Los Angeles, CA, 90004 | $1,560,000 | 3 | 3 | 2,847 | 2,847 SqFt |
| 441 N Commonwealth Avenue, Los Angeles, CA, 90004 | $850,000 | 1 | 1 | 1,014 | 1,014 SqFt |
| 447 N Commonwealth Avenue, Los Angeles, CA, 90004 | $900,000 | 3 | -- | 1,798 | 1,798 SqFt |
| 426 N Virgil Avenue, Los Angeles, CA, 90004 | $1,399,000 | -- | -- | 3,427 | 3,427 SqFt |
| 3812 Middlebury, Los Angeles, CA, 90004 | $799,800 | 3 | 3 | 1,240 | 1,240 SqFt |
| 3875 Middlebury Street, Los Angeles, CA, 90004 | $699,000 | 2 | 1 | 667 | 667 SqFt |
| 210 S Commonwealth Avenue, Los Angeles, CA, 90004 | $3,590,000 | 24 | -- | 10,884 | 10,884 SqFt |
| 238 S Westmoreland, Los Angeles, CA, 90004 | $2,699,999 | 8 | 5 | 4,416 | 4,416 SqFt |
| 124 N Berendo Street, Los Angeles, CA, 90004 | $1,200,000 | 5 | -- | 3,939 | 3,939 SqFt |
| 122 S Berendo Street, Los Angeles, CA, 90004 | $2,275,000 | 4 | -- | 5,237 | 5,237 SqFt |
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ByOwner last updated this listing 08/01/2026 @ 13:06
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