Ready-to-Build Affordable Housing
1020 N Ardmore Ave, Los Angeles, CA 90029
Entitled 57-unit affordable housing project in prime Hollywood location.
Type:Land, Multifamily
Property size:
25,292 SFLot size:
0.21 AcresPrice / SF:
$110/SF- Added:
- Mar 2, 2026
- Days on Market:
- 76
- Last Refresh:
- Mar 16 at 1:58 pm
Property Features for 1020 N Ardmore Ave
General Information
- Standard status
- Active
- Size
- 25,292 SF
- Lot size
- 0.21 Acres
- Property subtype
- Land, Multifamily
Building Details
- Year Built
- 2026
Listing agent DANIEL LALEZARI License #CA
Listing office KW Hollywood Hills
Listing date Mar 2, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of KW Hollywood Hills
HighLights
- Fully entitled, RTI (Ready to Issue) permits for a 57‑unit 100% Affordable ED1 project.
- Significant construction cost savings due to Type V, four‑story, fully stacked wood frame design.
- Located in a high‑demand Hollywood location near Sunset Blvd with a walk score of 87.
- No parking required, eliminating significant construction costs.
- Located in a TOC Tier 3 area, close to the Vermont/Sunset Metro Subway Station.
- Shovel‑ready vacant land allows for immediate start of construction.
Overview
Located in Hollywood, at 1020 N ARDMORE AVE, this is a fully entitled, RTI (Ready to Issue) permits ready to build, 100% Affordable ED1 project. The property features 57 units, including a manager's office that can be converted into a unit, 40 one-bedroom units, and 17 studios. The units are within a Type V, four-story, fully stacked designed building with all wood frame floors on an almost 9,000 square foot lot plus an alley. The stackable design features 25,292 square feet of building area with units ranging from approximately 300 to 456 square feet. Each floor has a laundry room, outdoor bicycle area, and storage. Situated in a TOC Tier 3 area, the property is near the Vermont/Sunset Metro Subway Station, making it walkable and bike-friendly. The location is close to Sunset BLVD, with a walk score of 87, near restaurants, coffee shops, and shopping centers. The area is close to Larchmont, Silverlake, Hollywood Walk of Fame, Paramount Studios, and Melrose Hills. The plans have no parking required. The property is currently vacant land ready to start building. A developer can break ground right away. Each unit is designed for maximum affordability and optimized rental income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Land
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30173
- Latitude
- 34.0892
Nearby Similar for Sale
FAQs
What type of property is this?
Land - Entitled 57-unit affordable housing project in prime Hollywood location.
Where is this land 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 $2,799,999.
What are key features of this property?
This property features: Fully entitled, RTI (Ready to Issue) permits for a 57‑unit 100% Affordable ED1 project.; Significant construction cost savings due to Type V, four‑story, fully stacked wood frame design.; Located in a high‑demand Hollywood location near Sunset Blvd with a walk score of 87.
