Recently Listed New Construction 412 N Ardmore Avenue
Los Angeles, CA, 90004 $ 2,700,000
Bedrooms12 Baths1.0 Sq 5,384 Monthly Estimate*
$ 16,624
Listed by Investment Real Estate Associates
for $2,700,000 with 12 bedrooms and 1 full bath. This 5,384 square foot home was built in 2019 on a lot size of 0.1212.
412 Ardmore presents a rare opportunity to acquire a newer-construction fourplex in one of Hollywood's most consistently high-demand rental pockets. The property consists of two standalone, three-story duplex structures, delivering a highly desirable low-density configuration that resonates strongly with today's renters. The unit mix includes one 2-bedroom / 1.5-bath unit, one 3-bedroom / 2.5-bath unit, one 3-bedroom / 3.5-bath unit, and one 4-bedroom / 3.5-bath unit, totaling approximately 5,320 square feet of living area an uncommon offering of larger, highly functional layouts for the submarket. Built to modern standards, the asset offers the features investors prioritize: no rent control, separately metered units for gas, water, and electricity, and minimal maintenance obligations relative to older Hollywood inventory. The contemporary construction, efficient layouts, and strong curb appeal continue to support robust tenant demand and premium rental positioning. Centrally located, the property sits just minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and, of course, all of the entertainment, retail, and lifestyle amenities that define Hollywood. This exceptional accessibility further enhances tenant appeal and long-term rental stability. Opportunities to secure a newer asset with these fundamentals in such a supply-constrained submarket are extremely limited. With its combination of location, condition, and investor-friendly characteristics, 412 Ardmore stands out as a high-quality multifamily investment well positioned for durable income and long-term appreciation. * Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.
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FeaturesGeneralLiving Area 5384
Heating Central
Cooling Central Air
Possession Close Of Escrow
Appliances Dishwasher Disposal Microwave Oven Refrigerator Dryer Washer
Zoning LAR3
Architectural Style Modern
Pool Features None
Security Features Security Gate Gated Community
Construction Materials Stucco Wood Siding
Year Built 2019
Tenant Pays Cable TV Electricity Gas
Levels Three Or More
Gross Income 159643
Community Features Gated
County Los Angeles
Net Operating Income 115505
New Construction true
Property Type Residential Income
HOA false
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Beverly Blvd E left on Ardmore Ave
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C17 - Mid-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 5279
Listing Terms Contract
Spa Features None
Additional Parcels Y/N false
Rent Control Y/N false
Standard Status Active
Occupancy Type Tenant
Year Built Source Builder
Cap Rate 4.28
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InteriorFireplace Features None
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 12
Total Baths 13
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ExteriorParking Features Assigned
Total Parking 8
Lot Size Area 5279
Number of Buildings 2
Spa false
Building Area Total 5384
Lot Dimensions 48x110
Lot Size Acres 0.1212
Private Pool false
Lot Size Source Plans
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* Excluded FeaturesList ByInvestment Real Estate AssociatesBroker
Affordability Calculator
- Monthly Principal & Interest
- $16,624
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,847,034
Percent of Sale Price 32%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/9/2026 | $2,700,000 | | Listed Price |