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11-Unit Apartment Building with Parking
For Sale
$3,300,000

1193 North Ardmore Avenue, Los Angeles, CA 90029

Updated multifamily property with on-site laundry and separate electric and gas metering for every unit.

Property Size7,161 SF
Price / SF$460.83
Days on Market207

Property Features for 1193 North Ardmore Avenue

General Information

Standard status Active
Size 7,161 SF
Property subtype Commercial Sale / Multi Family

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 4 x Two-Bedroom, 6 x One-Bedroom, 1 x Studio
Multifamily Units 11

Amenities

laundry facility
Wi-Fi camera security system

Building Details

Year Built 1965
Listing Agency: RE/MAX MASTERS REALTY
Listed By: TANIA WILLIAMS · License #01860419
Source: Compass
Added: Feb 5 Changed: Aug 31 Last Checked: Aug 31 at 3:34AM

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 RE/MAX MASTERS REALTY

Investment Insights

Based on property information with market context.

This 11-unit apartment property contains 7,161 square feet and was built in 1965. The unit mix includes four two-bedroom apartments, six one-bedroom apartments, and one studio. Each unit has on-site parking, while additional property features include a laundry facility, individual electric and gas meters, and layouts suited to multifamily occupancy.

Recent work includes a 400-amp electrical panel, two commercial-grade tankless water heaters, new copper hot-water lines, a replacement main cold-water line, exterior lighting, and a Wi-Fi camera security system. Six units received kitchen sink replacements, bathroom improvements, fresh interior paint, new window screens, and blinds. Parking structure posts were reinforced, the roof has no known leaks, and most units have tile flooring.

The property is located at 1193 North Ardmore Avenue in Los Angeles, near the 101 Freeway and within 0.5 mile of Hollywood Boulevard. Kaiser Permanente is approximately 0.6 miles away, and Los Angeles International Airport is approximately 14 miles from the property.

Key Highlights

  • 11‑unit property with four two‑bedroom units, six one‑bedroom units, and one studio
  • 7,161‑square‑foot apartment property built in 1965
  • On‑site parking spaces provided for each unit, plus a laundry facility

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Tanning Salon (Bike/Boat/Book/etc) Store Veterinary Clinic Clothing & Fashion Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

11
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

7,045
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with on-site laundry and separate electric and gas metering for every unit.
Where is this apartment building located?
The property is located at 1193 North Ardmore Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 11‑unit property with four two‑bedroom units, six one‑bedroom units, and one studio; 7,161‑square‑foot apartment property built in 1965; On‑site parking spaces provided for each unit, plus a laundry facility
More about this property
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