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7,161 sqft

$3,300,000

1193 N Ardmore, Los Angeles CA, 90029

Price per sqft$460.83
Built in1965
Property size7,161 sqft
Property typeCommercial
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Overview

Active

Listed Feb 25, 2026

Updated Apr 10

Well-maintained 11-unit multifamily investment opportunity located in the heart of East Hollywood, offering a strong unit mix, extensive recent capital improvements, and excellent commuter access. Unit Mix, 4 -Two-Bedroom Units, 6 -One-Bedroom Units and 1 Studio Unit. Recent Capital Improvements. New 400-amp electrical panel, Two new commercial-grade tankless water heaters, Replacement of hot water lines with new copper piping (upgraded from galvanized), New main incoming cold-water line throughout the building, Six units upgraded with: New kitchen sinks, Bathroom improvements, Fresh interior paint, New window screens and blinds throughout. All-new exterior lighting, New Wi-Fi camera security system, Parking structure posts reinforced, Roof in good condition with no known leaks, Majority of units feature tile flooring. Property Highlights: On-site parking spaces for each unit, Efficient layouts with strong rental appeal, Laundry facility on-site. Individual Electric & Gas Meters. Location Benefits: Convenient proximity to the 101 Freeway for easy commuter access, Close to shopping, dining, and neighborhood amenities, Centrally located within East Hollywood’s dense rental market. Kaiser Permanente within 0.6 miles, providing a steady tenant base of healthcare professionals and staff. Hollywood Boulevard is just 0.5 mile away, placing residents minutes from dining, retail, and entertainment while maintaining neighborhood livability. The property is also located near the Church of Scientology, further contributing to localized employment and housing demand. Approximately 14 miles from Los Angeles International Airport, offering convenient regional and global connectivity. This property presents a compelling opportunity to acquire a stabilized asset with meaningful recent upgrades already completed, minimizing deferred maintenance while allowing for continued rental upside. Ideal for investors seeking dependable cash flow in a high-demand Los Angeles submarket.

Additional information

MLS® ID
CV26040272

Exterior Features

Lot Size
0.18 Acres
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Broker Reciprocity Courtesy of RE/MAX MASTERS REALTY, Tania Williams

Riff Rifferson - Full Name

- Phone Number

[email protected] - Email

- Brokerage Name

78108 - MLS License Number

 

Data last updated 6:23 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. 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, 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.

 

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