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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1045 Ardmore Avenue, Los Angeles – $3,695,000

  • 3 Beds
  • 4 Baths
  • 10,780 Sqft
  • .21 Acres
  • 3 Beds
  • 4 Baths
  • 10,780 Sqft
  • .21 Acres

1045 Ardmore Avenue

Price Reduction! Renovated 13-unit building cash flowing at an amazing 5.5% Cap Rate from day 1 with 40% upside to an 8.4% Cap on Proforma! Attractively priced at only $342/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.

Essential Information

  • MLS® #25583171
  • Price$3,695,000
  • Bedrooms3
  • Bathrooms4.00
  • Square Footage10,780
  • Acres0.21
  • Year Built1963
  • TypeResidential Income
  • StatusActive

Community Information

  • Address1045 Ardmore Avenue
  • AreaC20 - Hollywood
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90029

Amenities

  • ParkingCarport, Uncovered
  • GaragesCarport, Uncovered

Interior

  • StoriesTwo

Additional Information

  • Date ListedAugust 25th, 2025
  • Days on Market36
  • ZoningLAR3

Listing Details

  • AgentJason Tuvia
  • OfficeMarcus & Millichap
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Price Change History for 1045 Ardmore Avenue, Los Angeles, (MLS® #25583171)

Date Details Change
Price Reduced from $3,750,000 to $3,695,000 $55,000 (1.47%)

Jason Tuvia, Marcus & Millichap.

Based on information from California Regional Multiple Listing Service, Inc. as of September 30th, 2025 at 3:15pm PDT. 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.