1045 N Ardmore Avenue, Los Angeles, CA 90029
1045 N Ardmore Avenue, Los Angeles, CA 90029
1045 N Ardmore Avenue, Los Angeles, CA 90029
26
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$3,295,000
Est. payment /mo
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10,780 SqFt
New

1045 N Ardmore Avenue Los Angeles, CA 90029

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 10,780 sqft

Price per Sqft $305

MLS Listing ID CL26855071

HOA Y/N No

Year Built 1963

Lot Size 9,024 Sqft

Acres 0.2072

Property Sub-Type Other

Property Description

Huge ~600k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.25% Cap Rate from day 1 with 39% upside to a 9.5% Cap on Proforma! Attractively priced at only $306/SF and $253k/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 (2 of which have not been officially assigned and may be 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.

Location

State CA

County Los Angeles

Zoning LAR3

Interior

Heating Wall Furnace

Fireplace No

Building

New Construction No

Others

Tax ID 5537019028

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Julio Ruiz • Global Platinum Properties, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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1045 N Ardmore Avenue

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