East Hollywood Multifamily Investment
508 N Ardmore Ave, Los Angeles, CA 90004
New
MULTI_FAMILY - Los Angeles, CA
Property size:
4,103 SFLot size:
0.19 AcresPrice / SF:
$426/SF- Added:
- May 11, 2026
- Days on Market:
- 2
- Last Refresh:
- May 12 at 1:06 am
Property Features for 508 N Ardmore Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 11
- Bathrooms
- 6
- Rooms
- Bedroom 6, Bedroom 4, Bedroom 9, Bedroom 11, Bedroom 10, Bathroom 3, Bedroom 7, Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 1, Bathroom 2, Bedroom 8, Bedroom 3, Bedroom 5
- Parking
- 5
- Parking features
- Assigned
- Standard status
- Active
- APN
- 5520-012-015
- Size
- 4,103 SF
- Lot size
- 0.19 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Ceiling Fan(s), Window Unit(s)
Building Details
- Year built
- 1916
- Floors in Building
- 2
- Number of units
- 5
Listing agent Max Lee License #01905008 (213) 434-2433
Listing office Real Broker 1420 Kettner Blvd. #100, Newark, CA (619) 663-8680
Listing date May 11, 2026
MLS# 26832295
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.
HighLights
- Value‑add investment opportunity with rental upside in East Hollywood/Koreatown.
- Two units delivered vacant, offering immediate cash flow potential (suitable for Airbnb).
- Four units are likely non‑rent controlled, offering flexibility in rental rates.
- Remodeled three‑bedroom house with private yard and partial copper plumbing.
- Convenient location near Larchmont Village, Netflix building, Downtown Los Angeles, Hollywood, and the 101 Freeway.
- Property features include 5 parking spaces, on‑site laundry, individual hot water heaters, central heating/air conditioning, and a security camera system.
Overview
Located in the East Hollywood, Koreatown area of Los Angeles, 508 North Ardmore Avenue presents a value-add investment opportunity. The property features one three-bedroom, two-bath single-family residence with a den, alongside four two-bedroom, one-bathroom units. Constructed in 1987, the four apartment units are likely not subject to Los Angeles City rent control. The three-bedroom house has been remodeled and includes a private yard and partial copper plumbing. The property includes five parking spaces, on-site laundry facilities, individual hot water heaters, central heating and air conditioning, and a security camera system. The building has approximately 4,103 square feet of living space and is situated on an approximately 8,250-square-foot lot. Zoned LAR3, the property is near Downtown Los Angeles, Hollywood, Silver Lake, Echo Park, and Koreatown, with convenient access to the 101 Freeway. The property is suitable for short term rental operators. Two units will be delivered vacant at the close of escrow, and there is potential for rental upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.301305
- Latitude
- 34.080229
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Value-add multifamily property in East Hollywood near Koreatown.
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 $1,750,000.
What are key features of this property?
This property features: Value‑add investment opportunity with rental upside in East Hollywood/Koreatown.; Two units delivered vacant, offering immediate cash flow potential (suitable for Airbnb).; Four units are likely non‑rent controlled, offering flexibility in rental rates.
