Fully Entitled 57-Unit Affordable
1020 N Ardmore Ave Los Angeles, CA 90029
1020 N Ardmore Ave, Los Angeles, CA, 90029
$2,299,999
For Sale
$2,299,999
MULTI_FAMILY - Los Angeles, CA
Property Size25,292 SF
Lot Size0.20 Acres
Price / SF$90.94
Days on Market22
Property Features for 1020 N Ardmore Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- LAR3
- Bedrooms
- 57
- Bathrooms
- 57
- Rooms
- Bedroom 34, Bedroom 50, Bathroom 10, Bedroom 46, Bedroom 47, Bathroom 49, Bathroom 8, Bedroom 16, Bathroom 37, Bathroom 54, Bedroom 17, Bedroom 36, Bathroom 32, Bathroom 2, Bedroom 44, Bedroom 57, Bedroom 38, Bedroom 14, Bedroom 20, Bedroom 52, Bathroom 17, Bedroom 39, Bathroom 35, Bathroom 55, Bathroom 48, Bedroom 6, Bedroom 31, Bathroom 18, Bathroom 34, Bedroom 33, Bedroom 55, Bathroom 20, Bathroom 22, Bathroom 53, Bedroom 37, Bathroom 44, Bedroom 8, Bedroom 54, Bathroom 43, Bathroom 47, Bathroom 14, Bathroom 5, Bedroom 1, Bedroom 11, Bathroom 6, Bathroom 19, Bedroom 21, Bedroom 51, Bathroom 42, Bedroom 27, Bedroom 3, Bathroom 36, Bedroom 25, Bedroom 28, Bathroom 13, Bathroom 39, Bathroom 24, Bedroom 56, Bathroom 16, Bathroom 29, Bedroom 48, Bathroom 38, Bathroom 33, Bathroom 15, Bathroom 21, Bathroom 1, Bedroom 30, Bedroom 12, Bedroom 43, Bedroom 22, Bedroom 5, Bedroom 45, Bathroom 11, Bedroom 24, Bedroom 10, Bathroom 23, Bedroom 41, Bathroom 45, Bedroom 4, Bedroom 23, Bedroom 2, Bathroom 12, Bedroom 9, Bathroom 27, Bedroom 32, Bedroom 42, Bathroom 50, Bedroom 26, Bathroom 4, Bedroom 15, Bathroom 28, Bathroom 30, Bathroom 26, Bedroom 7, Bedroom 49, Bathroom 25, Bathroom 51, Bathroom 41, Bedroom 19, Bathroom 31, Bedroom 53, Bathroom 40, Bathroom 56, Bathroom 57, Bathroom 46, Bedroom 13, Bathroom 3, Bedroom 35, Bathroom 52, Bathroom 7, Bedroom 18, Bedroom 40, Bathroom 9, Bedroom 29
- Standard status
- Active
- APN
- 5537-018-021
- Size
- 25,292 SF
- Lot size
- 0.20 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Floors in Building
- 4
- Number of units
- 57
Listing Agency
Keller Williams Hollywood Hills
(310) 623-1300
9000 Sunset Blvd. Suite 1100, West Hollywood, CA
Listed by
Daniel Lalezari · License #01949474
(310) 650-4220
Added: Jun 26 Checked: Jul 17 at 9:06 am
MLS# 26852897
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This listing is for a vacant land parcel with an entitled, ready-to-issue plan for 57 units under an ED1 100% affordable project. The design calls for a Type V, four-story, fully stacked structure with wood frame floors, built on an approximately 0.2047-acre lot (about 9,000 square feet) plus an alley. The unit mix includes 40 one-bedroom units and 17 studios, along with a manager’s office that can be converted into a unit. The plans provide laundry rooms on each floor, as well as an outdoor bicycle area and storage. The estimated building area is 25,292 square feet.
The project is located in Los Angeles and is zoned LAR3. The remarks describe the site as being in a TOC Tier 3 area and close to the Vermont/Sunset Metro Subway Station, supporting walkable, bike-friendly access. The location is also described as being minutes from Larchmont and Silver Lake, with additional nearby retail and dining.
For developers and builders, the site is positioned as shovel-ready with permits intended to be pulled right away. The plans state that no parking is required, which may streamline development costs and timing versus designs that include parking. The unit rent structure is referenced as covenant-based, with an estimated monthly and annual gross income provided in the remarks (buyer to verify).
The project is located in Los Angeles and is zoned LAR3. The remarks describe the site as being in a TOC Tier 3 area and close to the Vermont/Sunset Metro Subway Station, supporting walkable, bike-friendly access. The location is also described as being minutes from Larchmont and Silver Lake, with additional nearby retail and dining.
For developers and builders, the site is positioned as shovel-ready with permits intended to be pulled right away. The plans state that no parking is required, which may streamline development costs and timing versus designs that include parking. The unit rent structure is referenced as covenant-based, with an estimated monthly and annual gross income provided in the remarks (buyer to verify).
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FAQs
What type of property is this?
Residential land & home lot - Shovel-ready, fully entitled site for a 57-unit affordable housing project with RTI status.
Where is this residential land & home lot located?
The property is located at 1020 N Ardmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,299,999.
