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917 N Ardmore Avenue Los Angeles, CA $ 2,000,000
917 N Ardmore Avenue
$ 2,000,000
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917 N Ardmore Avenue

Los Angeles, CA, 90029
$ 2,000,000
Bedrooms9 Baths1.0 Sq 5,666

Monthly Estimate*

$ 12,477

Listed by Lyon Stahl Investment Real Estate, Inc.
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Multi-Family Home for sale in Los Angeles, CA

for $2,000,000 with 9 bedrooms and 1 full bath. This 5,666 square foot home was built in 1959 on a lot size of 0.2078.

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.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

9

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2078

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25525603

Days on Market

231

Features
General
Living Area 5666
Sewer Other
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Appliances Gas Range Refrigerator
Zoning LAR3
Garage Spaces 0
Patio/Porch Features None
Architectural Style Mid-Century Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s) Window Bars
Construction Materials Stucco
Year Built 1959
Tenant Pays Electricity Gas
View City Lights
Levels Multi/Split
Gross Income 200981
County Los Angeles
Net Operating Income 128128
New Construction 0
Property Type Residential Income
HOA 0
Facing Direction East
Garage Y/N 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Head South on Ardmore from Santa Monica Blvd. The subject property is on the West side of the street.
City Los Angeles
Senior Community Y/N 0
Open Parking Spaces 7
Number Of Units Total 10
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 9053
Spa Features None
Property Attached Y/N 1
Land Lease Y/N 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Standard Status Active
Occupancy Type Tenant
Cap Rate 6.41
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N 1
Heating Y/N 1
Fireplace Y/N 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 9
Total Baths 10
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Exterior
Parking Features Assigned Uncovered
Lot Features Rectangular Lot
Total Parking 8
Lot Size Area 9053
Number of Buildings 2
Spa 0
Building Area Total 5666
Lot Dimensions 50x181
Lot Size Acres 0.2078
Private Pool 0
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

will@lyonstahl.com

Email

Affordability Calculator

$12,477
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
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Monthly Home Insurance
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,000,000 Listed Price

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917 N 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 0.2078. 917 N Ardmore Avenue has 9 bedrooms, 1.0 baths, and was built in 1959. The property's zip code is 90029 which is in Los Angeles, CA