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917 N Ardmore Ave , Los Angeles, CA 90029
$1,850,000
Est. Payment: $9,880.29/mo
1 Bed
2 Bath
5666 Sqft
Status: Active | Days on site: 8
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CLW-X82195 - CLW-X93306,CLW-C138168
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Chris Heller
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House Description

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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Highlights

Listed by William James , 310-600-9858 and Peter James , 310-467-7581 Lyon Stahl Investment Real Estate, Inc. , 310-425-9838. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.21

Year Built

1959

County

Los Angeles

Area

C20 - Hollywood

Listing ID

26935633

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:0
Appliances:Refrigerator
Air Cond:Wall/Window Unit(s)
Fireplaces:

Exterior Features

Lot:Rectangular Lot,No Land Lease
Lot Dimensions:50x181
Garage Capacity:9
Zoning:LAR3
Others:
  • ▪ Additional:Stucco, 2+ Total Units
Sewer:Other
Parking Features:Assigned
Principal Interest
$9,880
Taxes
$1,179

Home Price

$1,850,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$370,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,880.29

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,880.29 $1,179.38 $0.00 $11,059.67
Yearly $118,563.54 $14,152.50 $0.00 $132,716.04
Total $3,556,906.14 $424,575.00 $0.00 $3,981,481.14

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T01:02:47.000Z

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