1045 Ardmore

Westlake Village Los Angeles, CA, 90029
For Sale $3,750,000
  • 14beds
  • 9,940sqft
  • 0.21acre
Listing agent:
Jason Tuvia
License #01772495
Marcus & Millichap
Renovated 13-unit building cash flowing at an amazing 5.25% Cap Rate from day 1 with 41% upside to an 8.2% Cap on Proforma! Attractively priced at only $348/SF and $288k/door with a large unit mix consisting of 3 (2bed/2bath) units, 9 spacious (1bed/1bath) units, and 1 (studio/1bath) unit. Majority of the units (7) have been renovated including 2 brand-new attached ADUs. Amenities include gated entry, communal laundry room, large balconies, large patios, as well as 9 parking spaces (4 of which have not been officially assigned and maybe rented for additional income). Many units boast updated cabinets, flooring, lighting, bathrooms, and significant exterior improvements including soft-story retrofit. Prime East Hollywood location just minutes away from the Vermont/Santa Monica Metro station, Silverlake, Hollywood, West Hollywood as well as many hip neighborhood attractions, restaurants, bars, and shops such as Hollywood Walk of Fame, Griffith Observatory, Cara Hotel, Saffy's Restaurant, Courage Bagels, and many more.

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1045 Ardmore is a Residential Income property located in Los Angeles, California, featuring a 0.207 acre lot, 9,940 sqft, 14 bedrooms, MLS #25583171.

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Data last modified: 2025-08-25 23:49:19