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15 Beds
16 Baths
10,780 sqft

$3,195,000

1045 N Ardmore Avenue, Los Angeles CA, 90029

Price per sqft$296.38
Built in1963
Property size10,780 sqft
Property typeResidential
Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Overview

Active

Listed Aug 31, 2026

Updated 3 weeks ago

Huge ~700k Price Reduction! Renovated 13-unit building cash flowing at an amazing 6.5% Cap Rate from day 1 with 39% upside to a 9.8% Cap on Proforma! Attractively priced at only $296/SF and $245k/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.

$21,256/mo

Est. mortgage payment based on a $3,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26925475

Interior Features

Bedrooms
15
Bathrooms
16
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.21 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Armin Soleimani CA DRE# 01846872 with Global Platinum Properties, Inc. 310-666-2246

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/9/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/9/2026 at 11:44 PM UTC Last Checked: 11:44 PM UTC

 

 

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