1045 N Ardmore Ave, Los Angeles, CA 90029
1045 N Ardmore Ave, Los Angeles, CA 90029
1045 N Ardmore Ave, Los Angeles, CA 90029
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$3,375,000
Est. payment /mo
15 Beds
16 Baths
10,780 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,780 sqft

Price per Sqft $313

MLS Listing ID 26783127

Style Traditional

Bedrooms 15

Year Built 1963

Lot Size 9,024 Sqft

Acres 0.2072

Property Sub-Type Multi-Family

Property Description

Huge 500k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.25% Cap Rate from day 1 with 37% upside to a 9.3% Cap on Proforma! Attractively priced at only $313/SF and $259k/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 (4 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/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy's Restaurant, Courage Bagels, and many more.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment None

Exterior

Parking Features Gated

Garage Spaces 9.0

Building

Story 2

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Global Platinum Properties, Inc.

Nearby Locations

GET MORE INFORMATION

Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

Name
Phone*
Message