917 North Ardmore Avenue Los Angeles, CA ^$ 2,000,000

917 North Ardmore Avenue

^$ 2,000,000

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917 North Ardmore Avenue

Los Angeles, CA, 90029

^$ 2,000,000

Studio Baths0.0 Sq 5,666

Monthly Estimate*

^$ 12,477

917 North Ardmore Avenue, Los Angeles, CA 90029 - Image 1

917 North Ardmore Avenue, Los Angeles, CA 90029 - Image 2

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917 North Ardmore Avenue, Los Angeles, CA 90029 - Image 11

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,000,000. This 5,666 square foot home was built in 1959 on a lot size of 0.21.

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.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Mid Century Modern

Lot Size

0.21

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025525603

Features

General

Living Area 5666.0

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Zoning LAR3

Architectural Style Mid Century Modern

Security Features Smoke Detector(s) Window Bars Carbon Monoxide Detector(s)

Construction Materials Stucco

Year Built 1959

Tenant Pays Electricity Gas

View City Lights

Levels Multi/Split

Accessibility Other

County Los Angeles

Net Operating Income 128128.0

New Construction No

Property Type C

HOA No

Facing Direction East

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C20 - Hollywood

Lot Size Units Square Feet

Lot Size Square Feet 9053.0

Property Attached Y/N Yes

Land Lease Y/N No

Additional Parcels Y/N No

Structure Type None

Standard Status Active

Interior

Kitchen Appliances Gas Range Refrigerator

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Laundry Features None

Total Baths 0

Exterior

Parking Features Uncovered Assigned

Lot Features Rectangular Lot

Lot Size Area 9053.0

Spa No

Pool Y/N? No

Building Area Total 5666.0

Lot Dimensions 50x181

Lot Size Acres 0.21

Land Lease Type Fee

* Excluded Features

List By

William James

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

Affordability Calculator

$12,477

Per Month

Monthly Principal & Interest: $12,477
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,897,717

Percent of Sale Price 5%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/20/2025	$2,000,000	-9.09%	Price Down
5/1/2025	$2,200,000		Listed Price

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917 North Ardmore Avenue, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $2,000,000 with 5,666 sqft and a lot size of 0.21. 917 North Ardmore Avenue is a studio with 0.0 baths and was built in 1959. The property's zip code is 90029 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 10/30/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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917 North Ardmore Avenue

Multi-Family Home for sale in Los Angeles, CA

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