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LAR3 Apartment Building with Vacancies
New
For Sale
$1,699,000

508 N Ardmore Ave, Los Angeles, CA 90004

MULTI_FAMILY - Los Angeles, CA

Property Size4,103 SF
Lot Size0.19 Acres
Price / SF$414.09
Days on Market3

Property Features for 508 N Ardmore Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR3
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 8, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 5, Bathroom 2, Bedroom 5, Bedroom 3, Bedroom 6, Bedroom 10, Bedroom 11, Bathroom 6, Bathroom 3
Parking 5
Parking features Assigned
Directions Adjacent to Hancock Park, South of Melrose Ave. West of Normandie Ave.
Subdivision Mid-Wilshire
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)

Amenities

on-site laundry
individual water heaters
security camera system

Building Details

Year built 1916
Floors in Building 1
Number of units 5
Listing Agency: Real Broker
Listed By: Max Lee · License #01905008
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 14 at 2:06AM
MLS# 26871839

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.

Located at 508 N Ardmore Ave in Los Angeles, this apartment property includes a remodeled three-bedroom, two-bath residence with a den and private yard, along with four two-bedroom, one-bath apartment units. The building contains approximately 4,103 square feet on an 8,250-square-foot lot governed by LAR3 zoning. Two units are scheduled to be vacant at closing.

Property features include five on-site parking spaces, laundry facilities, individual water heaters, assigned parking, and a security camera system. Heating is electric, with ceiling fans and window units for cooling. The property is near Larchmont Village, Netflix, Hollywood, Koreatown, Silver Lake, Echo Park, Downtown Los Angeles, and the 101 Freeway.

Key Highlights

  • Approximately 4,103 SF building area on an 8,250 SF lot
  • LAR3 zoning
  • One remodeled 3BR/2BA residence with den and private yard

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

3,237
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 asset combines a remodeled residence with four apartment units and on-site operational features.
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: Approximately 4,103 SF building area on an 8,250 SF lot; LAR3 zoning; One remodeled 3BR/2BA residence with den and private yard
More about this property
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