
917 N Ardmore Ave Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $12,876/month
Highlights
- City View
- Midcentury Modern Architecture
- Rectangular Lot
- STEM Academy at Bernstein High Rated A-
- East Facing Home
About This Home
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 Agent
Lyon Stahl Investment Real Estate, Inc. License #01734419 Listed on: 05/01/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1959
Lot Details
- 9,053 Sq Ft Lot
- Lot Dimensions are 50x181
- East Facing Home
- Rectangular Lot
- Level Lot
Home Design
- Midcentury Modern Architecture
- Split Level Home
- Stucco
Interior Spaces
- 5,666 Sq Ft Home
- 2-Story Property
- City Views
- Leased Washer and Dryer
Kitchen
- Oven or Range
- Gas and Electric Range
Bedrooms and Bathrooms
- 9 Bedrooms
- 10 Bathrooms
Home Security
- Window Bars
- Security Lights
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 7 Open Parking Spaces
- 8 Parking Spaces
- 2 Covered Spaces
- Assigned Parking
Location
- City Lot
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
- Gas Water Heater
- Central Water Heater
- Sewer in Street
Listing and Financial Details
- The owner pays for gardener, water
- Assessor Parcel Number 5537-024-017
Community Details
Overview
- 2 Buildings
- 10 Units
Building Details
- Rent Control
- Vacancy Allowance $6,029
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/20/2025 06/20/25 | Price Changed | $2,000,000 | -9.1% | $353 / Sq Ft |
05/01/2025 05/01/25 | For Sale | $2,200,000 | -- | $388 / Sq Ft |
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Source: The MLS
MLS Number: 25525603

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