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Apartment Building with On-Site Laundry
For Sale
$1,699,000

508 N Ardmore Ave, Los Angeles, CA 90004

Multifamily property with a detached-style residence, apartment units, parking, laundry, and LAR3 zoning.

Property Size4,103 SF
Lot Size0.19 Acres
Price / SF$414.09
Days on Market13

Property Features for 508 N Ardmore Ave

General Information

Standard status Active
Size 4,103 SF
Total Parking Spaces 5
Lot size 0.19 Acres
Property subtype MULTI_FAMILY
Zoning LAR3

Units

Unit Mix 1 x 3BR/2BA+den, 4 x 2BR/1BA
Multifamily Units 5

Additional Details

Highway Access Yes

Amenities

on-site laundry
individual water heaters
security camera system
private yard

Building Details

Building Size 4,103 SF
Year Built 1916
Listing Agency: Real Broker
Listed By: Max Lee · License #01905008
Source: Carolinakramer
Added: Aug 12 Changed: Aug 23 Last Checked: Aug 23 at 7:43AM

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 Real Broker

Investment Insights

Based on property information with market context.

This multifamily property includes a remodeled 3BR/2BA single-family residence with a den and private yard, along with four 2BR/1BA apartment units. The improvements total approximately 4,103 SF on an 8,250 SF lot. The property was built in 1916, while the apartment units were built in 1987. On-site features include five parking spaces, laundry facilities, individual water heaters, and a security camera system.

The property is located at 508 N Ardmore Ave in Los Angeles, near East Hollywood, Koreatown, Larchmont Village, Netflix, Hollywood, Silver Lake, Echo Park, Downtown Los Angeles, and the 101 Freeway. The lot carries LAR3 zoning, supporting the stated multifamily use and providing a basis for future redevelopment review subject to applicable requirements.

Key Highlights

  • 3BR/2BA single‑family residence with den, private yard, and remodeled interiors
  • Four 2BR/1BA apartment units built in 1987
  • Approximately 4,103 SF building area on an 8,250 SF LAR3‑zoned lot

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Carpet & Flooring Store Tanning Salon Veterinary Clinic Buffet Electrical Service Restaurant

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

5
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

9,547
Businesses Nearby

Demographics for 90004, CA

58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
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 - Multifamily property with a detached-style residence, apartment units, parking, laundry, and LAR3 zoning.
Where is this apartment building located?
The property is located at 508 N Ardmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 3BR/2BA single‑family residence with den, private yard, and remodeled interiors; Four 2BR/1BA apartment units built in 1987; Approximately 4,103 SF building area on an 8,250 SF LAR3‑zoned lot
More about this property
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