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917 N Ardmore Avenue Los Angeles, CA 90029
$2,200,000 9 beds, 10 baths
5, 666 sqft
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Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25525603
List price is $2,200,000
Beds: 9
Baths: 10
None fireplaces
Built in 1959
5,666 sqft
0.21 acres
Lot size: 0.2078
County: Los Angeles
Property style: Mid-Century Modern
Zoning: LAR3
Construction: Stucco
Appliances: Gas Range,Refrigerator
Parking description: Assigned,Uncovered
Lot description: Rectangular Lot
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: C20 - Hollywood

Last Updated: 5/9/2025

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This listing belongs to the C20 - Hollywood MLS area

The style of this listing is Mid-Century Modern.
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Lat/Long: 34.086868, -118.302253.
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Listing Agent: William James
Co Listing Agent: Peter James
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
Lic#: 01317331

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