1045 N Ardmore Avenue, Los Angeles, California, United States. - Hero Image
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1045
N Ardmore Avenue
Los Angeles | California

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Marcus & Millichap – Encino
Marcus & Millichap – Encino
Presented At
$3,550,000
Bedrooms
14
Living
10,780
SQFT
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1045 N Ardmore Avenue, Los Angeles, California, United States. , Los Angeles , California

Residential Income in Los Angeles

3rd Price Reduction! Renovated 13-unit building cash flowing at an amazing 5.75% Cap Rate from day 1 with 40% upside to an 8.8% Cap on Proforma! Attractively priced at only $329/SF and $273k/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 may be 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.

Property

3D Street View Tour

Map showing 1045 N Ardmore Avenue, Los Angeles, California, United States.

Property Location

1045 N Ardmore Avenue, Los Angeles, California, United States., Los Angeles California

Local Weather & Climate

Los Angeles, California

Current Conditions Updated recently
69 °F
Haze
Feels Like 69°F
Humidity 73%
Wind 5 mph
Visibility 5 mi
Sunrise 1:49 PM
Sunset 2:08 AM
5-Day Forecast
Wed 25 Mar
Clear
High 73°
Low 69°
Thu 26 Mar
Clouds
High 84°
Low 65°
Fri 27 Mar
Clouds
High 81°
Low 68°
Sat 28 Mar
Clouds
High 82°
Low 70°
Sun 29 Mar
Clouds
High 85°
Low 69°
Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Los Angeles?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

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Estimated Monthly Payment $3,160
Monthly Payment Breakdown
Principal & Interest $2,528
Loan Amount $400,000
Total Interest $337,621
Total Cost $737,621
Potential Tax Benefits (United States)
$0 Est. First Year Interest Deduction
$0 Est. Annual Tax Savings
*Based on post-2017 tax law. Actual deductions depend on filing status, itemization, and current tax laws.

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Important Information
  • This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
  • Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
  • Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
  • This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
  • Tax benefit calculations are simplified estimates based on general assumptions for United States. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
  • Tax Year Information: Tax data shown is based on United States tax year 2025 (fiscal year: January-December), rules effective from 2018 through 2025. Tax laws change frequently and may have been amended since this data was compiled.

Frequently Asked Questions

Common questions about this property

This other at 1045 N Ardmore Avenue, Los Angeles, California, United States features 14 bedrooms with 10,780 square feet of living space.
This property offers 10,780 square feet of living space.
This property is listed at $355,000,000, which equals $32931 per square foot.
This is a other located in Los Angeles, California. The property is situated in an established neighborhood with convenient access to local amenities and services.
Marcus & Millichap – Encino

Marcus & Millichap – Encino

Marcus & Millichap – Encino

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