Value-Add Multifamily with
508 N Ardmore Ave Los Angeles, CA 90004
For Sale
$1,699,000
MULTI_FAMILY - Los Angeles, CA
Property Size4,103 SF
Lot Size0.19 Acres
Price / SF$414.09
Days on Market48
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 2, Bedroom 10, Bedroom 4, Bathroom 4, Bedroom 3, Bedroom 11, Bathroom 6, Bathroom 3, Bedroom 9, Bathroom 5, Bedroom 1, Bedroom 7, Bedroom 8, Bedroom 6, Bathroom 2, Bedroom 5, Bathroom 1
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
1
Number of units
5
Listing Agency:
Real Broker
(619) 663-8680
Listed By:
Max Lee · License #01905008
(213) 434-2433
Added: Jun 12
Changed: Jul 28
Last Checked: Jul 29 at 1:06AM
MLS# 26846831
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 multifamily property includes one remodeled 3BR/2BA single-family residence with a private yard, along with four 2BR/1BA apartment units built in 1987. The building is approximately 4,103 square feet on an 8,250 square-foot lot, and it is in LAR3 zoning. Two units will be delivered vacant at closing, providing flexibility for new occupancy strategies.
The property is located in East Hollywood, near Koreatown and within minutes of Larchmont Village, Hollywood, Netflix, Silver Lake, Echo Park, and Downtown Los Angeles. It also offers proximity to the 101 freeway.
On-site amenities include 5 parking spaces, on-site laundry, individual water heaters, and a security camera system. The two vacant units at closing may support market-rate leasing, furnished rental operations, or owner-user occupancy, with short-term rental use to be verified by the buyer.
The property is located in East Hollywood, near Koreatown and within minutes of Larchmont Village, Hollywood, Netflix, Silver Lake, Echo Park, and Downtown Los Angeles. It also offers proximity to the 101 freeway.
On-site amenities include 5 parking spaces, on-site laundry, individual water heaters, and a security camera system. The two vacant units at closing may support market-rate leasing, furnished rental operations, or owner-user occupancy, with short-term rental use to be verified by the buyer.
Key Highlights
- LAR3‑zoned lot with redevelopment and densification potential in the East Hollywood/Koreatown corridor of Los Angeles
- Two units delivered vacant at close, providing flexibility for market‑rate leasing, furnished rental operations, or owner‑user occupancy
- One remodeled 3BR/2BA + den single‑family residence with private yard plus four 2BR/1BA apartment units
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property features four 2BR units, one remodeled single-family residence, and 5 on-site parking spaces.
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: LAR3‑zoned lot with redevelopment and densification potential in the East Hollywood/Koreatown corridor of Los Angeles; Two units delivered vacant at close, providing flexibility for market‑rate leasing, furnished rental operations, or owner‑user occupancy; One remodeled 3BR/2BA + den single‑family residence with private yard plus four 2BR/1BA apartment units
