1045 N Ardmore Ave

Los Angeles, CA 90029
  • $3,750,000

    Price
  • 3

    Bed
  • 4

    Bath
  • 10,780

    SqFt

About the Listing CLW-X75151 - CLW-X92444,CLW-C144188

Renovated 13-unit building cash flowing at an amazing 5.25% Cap Rate from day 1 with 41% upside to an 8.2% Cap on Proforma! Attractively priced at only $348/SF and $288k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (4 of which have not been officially assigned and maybe rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy's Restaurant, Courage Bagels, and many more.

Listing Highlights for 1045 N Ardmore Ave

Status Active
Days on Site 12
Property Type Multi-Family
MLS ® 25583171
Year Built 1963
Total Square Footage 10,780
Lot/Acreage 0.21

Interior Details

  • Bedrooms: 3
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Zoning: LAR3
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Carport,Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5537019028
  • Tax Year: N/A

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1045 N Ardmore Ave Los Angeles, CA 90029

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Originating MLS: CRMLS

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