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    Multifamily Value-Add with Vacant Units Title is generated by Realmo AI

    508 N Ardmore Ave, Los Angeles, CA 90004

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    Claim this Listing
    New
    For Sale
    $1,750,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    4,103 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $426/SF
    Added:
    Jun 12, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 13 at 5:06 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 9, Bathroom 2, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Bedroom 8, Bedroom 10, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 5, Bedroom 11, Bathroom 6, Bathroom 4, Bedroom 5, Bedroom 4
    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

    We can help!

    Listing Contact
    Max Lee
    Max Lee

    Listing agent Max Lee License #01905008

    Listing office Real Broker 1420 Kettner Blvd. #100, Newark, CA

    Listing date Jun 12, 2026

    MLS# 26846831 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

    • LAR3‑zoned East Hollywood lot (8,250 SF) with ~4,103 SF building area, offering long‑term redevelopment and densification potential.
    • Four 2BR/1BA apartment units plus one remodeled 3BR/2BA + den single‑family residence with private yard.
    • Two units delivered vacant at closing, creating flexibility for market‑rate leasing, furnished rental use, short‑term rental strategy (verify), or owner‑user occupancy.
    • 5 on‑site parking spaces and on‑site laundry, plus individual water heaters.
    • Security camera system and 1916 year built.
    • Heating: electric; Cooling: ceiling fans and window unit(s); Parking: assigned.

    Overview

    This multifamily property at 508 N Ardmore Ave offers a mixed layout with one remodeled single-family residence featuring 3 bedrooms, 2 bathrooms, a den, and a private yard, along with four 2-bedroom, 1-bath apartment units built in 1987. The property sits on an LAR3-zoned lot with a building area of 4,103 square feet and an 8,250 square foot lot. Five on-site parking spaces, on-site laundry, individual water heaters, and a security camera system support day-to-day operations. Two units are scheduled to be delivered vacant at closing, creating flexibility for the next operator.

    Situated in East Hollywood near Koreatown, the property is also described as being minutes from Larchmont Village, Netflix, Hollywood, Silver Lake, Echo Park, Downtown Los Angeles, and the 101 Freeway. The LAR3 zoning is highlighted in the materials as enabling long-term redevelopment and densification potential in the area.

    With two vacant units available at closing, the property may fit buyers looking to reposition rents, renovate, or pursue different operating models. The materials note potential strategies including market-rate leasing, furnished rental operations, or a short-term rental approach subject to buyer verification of local regulations. Owner-users and 1031 exchange buyers may also find the configuration appealing, given the combination of an independent residence-style unit and multiple apartment units within a single LAR3 asset.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.301305
    Latitude
    34.080229

    FAQs

    What type of property is this?
    Apartment building - Value-add multifamily with two vacant units at close, five parking spaces, and on-site laundry on LAR3-zoned lot.
    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: LAR3‑zoned East Hollywood lot (8,250 SF) with ~4,103 SF building area, offering long‑term redevelopment and densification potential.; Four 2BR/1BA apartment units plus one remodeled 3BR/2BA + den single‑family residence with private yard.; Two units delivered vacant at closing, creating flexibility for market‑rate leasing, furnished rental use, short‑term rental strategy (verify), or owner‑user occupancy.
    More about this property
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