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543 N Ardmore Avenue Los Angeles, CA $ 2,300,000
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543 N Ardmore Avenue
$ 2,300,000
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543 N Ardmore Avenue

Los Angeles, CA, 90004
$ 2,300,000
Bedrooms14 Baths1.0 Sq 9,320

Monthly Estimate*

$ 14,161

Listed by Compass
​
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Multi-Family Home for sale in Los Angeles, CA

for $2,300,000 with 14 bedrooms and 1 full bath. This 9,320 square foot home was built in 1958 on a lot size of 0.2533.

Fantastic 12 unit building that has been in the same family since it was built in 1958. The property features a desirable unit mix of 10 spacious (1Br+1Ba) units and 2 (2Br+2Ba) with an average unit size of 775 SF. Offered at under 11.29 GRM on current rents and under $250/SF, the property stands out as an excellent "value add" opportunity with appx. 56% upside in rents, NOT including ADU potential. The property has seismic retrofitting and tuck under and carport parking with ADU potential (Buyer to verify). A new roof was installed in 2025. Laundry and storage rooms in the rear. The property is located just south of Melrose Avenue in the heart of East Hollywood. Excellent access to LA City College, as well as major employment and lifestyle hubs, including post-production studios, creative office corridors, and media companies, and is only minutes from Paramount Studios. Its central location provides convenient connectivity to Hollywood, Koreatown, Silver Lake and DTLA, making it highly attractive to professionals in the entertainment, tech, and creative sectors! With a Walk Score of 86 ("Very Walkable"), tenants enjoy easy access to nearby restaurants, cafes, and the Metro B Line. Call for a rent roll and marketing package.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

14

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2533

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26648059

Days on Market

2
Features
General
Living Area 9320
Sewer Sewer Tap Paid
Heating Natural Gas Wall Furnace
Roof Composition Shingle
Appliances Disposal Gas Oven
Zoning LAR3
Garage Spaces 6
Architectural Style Mid-Century Modern
Pool Features None
Security Features Carbon Monoxide Detector(s) Gated Community Smoke Detector(s)
Construction Materials Stucco
Year Built 1958
Tenant Pays Electricity Gas
View City Lights Mountain(s)
Stories Count 2
Levels Two
Gross Income 202451
Community Features Gated
Accessibility None
County Los Angeles
Net Operating Income 104781
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction East
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Head East on Beverly Blvd then make a left onto N Normandie Ave. Make a left onto Maplewood Ave make a right onto N Ardmore Ave the subject property is on the left.
City Los Angeles
Disclosures Rent Control
Entry Location Ground Level w/steps
Senior Community Y/N false
High School District Los Angeles Unified
Open Parking Spaces 1
Number Of Units Total 12
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 11035
Carport Spaces 5
Carport Y/N true
Spa Features None
Property Attached Y/N true
Additional Parcels Y/N false
Rent Control Y/N true
Standard Status Active
Occupancy Type Tenant
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Interior
Interior Amenities Ceiling Fan(s) Multiple Staircases Storage
Flooring Laminate Tile
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Common Area Laundry Room
Total Bedrooms 14
Total Baths 14
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Exterior
Parking Features Assigned Controlled Entrance Covered Detached Carport Gated
Total Parking 12
Lot Size Area 11035
Foundation Details Raised
Number of Buildings 1
Spa false
Building Area Total 9320
Lot Size Acres 0.2533
Private Pool false
Lot Size Source Assessor
Number of Separate Gas Meters 12
Number of Separate Electric Meters 12
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* Excluded Features
List By
Compass

Broker

dana@incomepropertiesla.com

Email

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Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2026$2,300,000 Listed Price

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543 N Ardmore Avenue, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $2,300,000 with 9,320 sqft and a lot size of 0.2533. 543 N Ardmore Avenue has 14 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 90004 which is in Los Angeles, CA

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