917 N Ardmore Avenue, Los Angeles, CA 90029 - Berkshire Hathaway HomeServices California Properties

917 N Ardmore Avenue, Los Angeles, CA 90029

$2,000,000 Approx. USD 9 beds, 10 baths
5,666 sqft

Listing Agent


William James | will@lyonstahl.com
Lic#: 01734419
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

Co Listing Agent


Peter James | peter@lyonstahl.com
Lic#: 01748556
Broker: Courtesy of Lyon Stahl Investment Real Estate, Inc.

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 $2,000,000 Reduced by $200,000 on 6/20/2025
Price: $2,000,000
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: 6/20/2025

 Days On Market (DOM): 59

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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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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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