See all 27 photos

$2,200,000

Est. payment - /mo

Save

14 Beds

14 Baths

9,320 SqFt

Active Under Contract

543 N Ardmore Ave Los Angeles, CA 90004

Save

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.

In-PersonVirtual Tour

Samantha Waring

sammy@luxuriashomes.com +1(702) 639-7484

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 9,320 sqft

Price per Sqft $236

MLS Listing ID 26648059

Style Mid-Century

Bedrooms 14

Year Built 1958

Lot Size 0.253 Acres

Acres 0.252

Property Sub-Type Multi-Family

Property Description

Fantastic 12 unit building that has been in the same family since it was built in 1958. The property features a desirable unit mix of 10 spacious (1Br+1Ba) units and 2 (2Br+2Ba) with an average unit size of 775 SF. Offered at under 10.8 GRM on current rents and under $240/SF, the property stands out as an excellent "value add" opportunity with appx. 56% upside in rents, NOT including ADU potential. The property has seismic retrofitting and tuck under and carport parking with ADU potential (Buyer to verify). A new roof was installed in 2025. Laundry and storage rooms in the rear. The property is located just south of Melrose Avenue in the heart of Melrose Hill. Excellent access to LA City College, as well as major employment and lifestyle hubs, including post-production studios, creative office corridors, and media companies, and is only minutes from Paramount Studios. Its central location provides convenient connectivity to Hollywood, Koreatown, Silver Lake and DTLA, making it highly attractive to professionals in the entertainment, tech, and creative sectors! With a Walk Score of 86 ("Very Walkable"), tenants enjoy easy access to nearby restaurants, cafes, and the Metro B Line. Call for a rent roll and marketing package.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Kitchen Tile Counters

Interior

Interior Features Common Walls, 2 Staircases, Storage Space

Heating Wall, Natural Gas

Cooling Wall Unit(s)

Flooring Wood Laminate, Tile, Laminate, Mixed

Fireplaces Type None

Equipment Ceiling Fan, Hood Fan, Garbage Disposal, Range/Oven

Laundry Community, Laundry Area, Room

Exterior

Parking Features Carport Detached, Assigned, Controlled Entrance, Covered Parking, Driveway Gate, Gated

Garage Spaces 12.0

Pool None

Waterfront Description None

View Y/N Yes

View Mountains, City

Roof Type Composition, Shingle

Handicap Access None

Building

Story 2

Foundation Raised

Sewer In Connected and Paid

Water Public

Architectural Style Mid-Century

Level or Stories Two

Structure Type Stucco

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Compass

543 N Ardmore Ave Los Angeles, CA 90004

Samantha Waring

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

543 N Ardmore Ave