For sale

$1,850,000

917 N Ardmore Ave, Los Angeles, CA 90029

9beds

10baths

5,666sqft

$11,712/mo

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Multi Family

Built in 1959

-- sqft lot

$-- Zestimate^®

$327/sqft

$-- HOA

What's special

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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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 9
Bathrooms: 10

Heating

Wall

Cooling

Wall/Window Unit(s)

Appliances

Included: Refrigerator, Range/Oven

Features

Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 5,666
Total interior livable area: 5,666 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 9
Parking features: Assigned
Covered spaces: 2
Uncovered spaces: 7

Features

Levels: Multi/Split
Entry location: Ground Level w/steps
Patio & porch: None
Pool features: None
Spa features: None
Has view: Yes
View description: City
Waterfront features: None

Lot

Size: 9,051 Square Feet
Dimensions: 50 x 181
Features: Rectangular Lot, Single Lot, City Lot

Details

Additional structures: None
Parcel number: 5537024017
Zoning: LAR3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Mid-Century
Property subtype: Multi Family

Materials

Stucco

Condition

Year built: 1959

Utilities & green energy

Sewer: In Street
Water: Public

Community & HOA

Community

Security: None

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $327/sqft
Tax assessed value: $1,012,366
Date on market: 9/3/2026
Total actual rent: 212777
Tenant pays: Gas, Electricity

Estimated market value

Not available

Estimated sales range

Not available

$2,855/mo

Price history

Date	Event	Price
9/3/2026	Listed for sale	$1,850,000-7.5%$327/sqft
Source: CLAW #26935633 Report a problem
4/1/2026	Listing removed	$2,000,000$353/sqft
Source: CLAW #25525603 Report a problem
6/20/2025	Price change	$2,000,000-9.1%$353/sqft
Source: CLAW #25525603 Report a problem
5/1/2025	Listed for sale	$2,200,000$388/sqft
Source: CLAW #25525603 Report a problem