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543 N Ardmore Ave
Los Angeles, CA 90004 East Hollywood

$2,300,000 USD

Multifamily For Sale • 9,320 SF

Property Details

Property Type Multifamily
Total Building Size 9,320 SF
Year Built 1958
Zoning LAR3

64 Transit Score

88 Walk Score

                
                    Highlights
                
                                Offered at under 11.29 GRM on current rents, the property stands out as an excellent “value add” opportunity with appx. 52% upside in rents
                            
                                New roof installed in 2025
                            
                                Seismic retrofit and foundation bolting was completed in 2018
                            
                                5 tuck under parking spaces, 6 garages, and 1 open space (currently used for trash)
                            
                                1 mile to Courage Bagels to the east and 1 mile to Paramount Studios to the west
                            
                                Spacious units averaging over 775 SF each

Property Flyers

543 N Ardmore_Offering Memorandum Compressed

Financial Summary (Actual)

Net Operating Income: $104,780 USD (2025)

Total Expenses:

$92,761 USD

Amenities

Air Conditioning
Storage Space
Washer/Dryer
Gated
Ceiling Fans
Tile Floors
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	8 min	-	4.6 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	11 min	-	4.8 mi
Transit/Subway	Drive	Walk	Distance
Vermont/Beverly Station (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro))	2 min	18 min	0.9 mi
Airport	Drive	Walk	Distance
Bob Hope	19 min	-	10.8 mi
Los Angeles International	27 min	-	13.8 mi
Long Beach (Daugherty Field)	37 min	-	25.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	Surface
Included in Rent:	Yes

Dana Coronado 310-562-9630 Compass Commercial - Sherman Oaks

543 N Ardmore Ave Los Angeles, CA 90004 East Hollywood