The Ardmore
Investment Highlights
Prime Central Location
Located minutes from Hollywood, Koreatown, and Silver Lake, the property benefits from
access to major employment hubs, entertainment centers, and lifestyle amenities. Located within
Little Armenia and walking distance to Thai Town
Recent Capital Improvements as follow:
- Brand New 400 AMP Electric Panel
- Two Brand New Tankles Water Heaters
- Individual Meters
- All New Exterior Lighting
- All New Window Blinds & Screens
- New Updated Plumbing Lines
- New Main Water Line
- New Interior Paint
Strong Rental Demand
East Hollywood continues to attract young professionals, healthcare workers, and creative
industry tenants seeking affordability relative to neighboring submarkets.
Value-Add Potential
Opportunity to increase NOI through:
Interior renovations
Market rent adjustments
Expense optimization
Improved property management strategies
Property Description
11-Unit Apartment Building Investment Opportunity Positioned in one of Los Angeles’ most rapidly evolving rental corridors, 1193 N. Ardmore Avenue presents a rare opportunity to acquire a stabilized multifamily asset in the heart of East Hollywood, a high-demand urban neighborhood driven by strong rental fundamentals, transit connectivity, and ongoing neighborhood revitalization. Property Overview Property Type: Multifamily Apartment Building Unit Count: 11 Units Submarket: East Hollywood Investment Profile: Value-Add / Income Growth Opportunity This well-located apartment community offers investors the ability to acquire a centrally positioned asset with strong in-place income and significant upside through operational improvements and strategic renovations.
Broker Details
Re/Max Masters- Commercial Division
909-782-8421
Broker Details
RE/MAX Masters (626) 967-1779
MLS ID: C31554 State License Number: 01860419
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $2,999,000 |
| No. of Units: | 11 |
| Cap Rate: | 7.03% |
| Average Occupancy: | 100 |
| Year Built: | 1965 |
| Year Renovated: | 2026 |
| Building Size: | 7,161 Sq ft |
| Lot Size: | 8,003.00 Acres |
| No. of Stories: | 2 |
| APN: | 5537-014-035 |
| Opportunity Zone: | No |
| Price per unit: | $272,636 |
| Parking Spaces: | 11 |
Unit mix
| Description | No. of Units | Sq ft. | Avg. Monthly Rent |
|---|---|---|---|
| 2 Bedroom | 4 | 3325 | 2461 |
| 1 Bedroom | 6 | 3581 | 1902 |
| Studio | 1 | 255 | 1475 |
Additional contacts
| Full name | Phone number | Email address |
|---|---|---|
| Jorge Yamzon | 626-786-5869 | [email protected] |
| Rommel Corpus | 213-326-3331 | [email protected] |
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