12 Units in East Hollywood
$2,300,000
OFF MARKET
# of Units: 4
GRM: 11.29
CAP Rate: 4.94%
Price/SF: $246
Building SF: 9,320
Lot SF: 11,035
Zoning: LAR2
Year Built: 1958
Description
543 N Ardmore Avenue is a 12-unit apartment building
totaling approximately 9,320 square feet, situated on an
11,035 square foot LAR3 zoned lot. Built in 1958, the unit mix
consists of eleven (11) spacious one-bedroom/one-bathroom
units and one (1) two-bedroom/one-bathroom unit with
eleven (11) parking spaces for tenant use. The property has
completed seismic retrofitting, is separately metered for gas
and electricity and a new roof was installed in 2025.
Location
Located just south of Melrose Avenue in the heart of
Hollywood, 543 N Ardmore Ave. offers exceptional access to
some of Los Angeles’ most dynamic employment and
lifestyle centers. The property is in close proximity to major
post-production studios, creative office corridors, and media
companies, and is just minutes from the iconic Paramount
Studios. Its central location also provides quick access to
Hollywood, Koreatown, and Downtown Los Angeles, making
it attractive to working professionals in the entertainment,
tech, and creative sectors. Rated “Very Walkable” with a Walk
Score of 86, tenants enjoy easy access to nearby restaurants,
cafes, and the Metro B Line.
Property Highlights
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Centrally located with easy access to
Koreatown, Hollywood, and Downtown LA! -
Near Melrose and Normandie conveniently
located near the 101 freeway -
One (1) 2-bed/1-bath unit and eleven (11) 1-bed/1-bath units
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Spacious units averaging over 775 square feeteach
-
New roof installed in 2025
-
Rated ‘Very Walkable’ with a score of 86
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Over 11,000 square foot lot with LAR3 Zoning
-
Eleven (11) parking spaces
-
Seismic retrofit was completed
-
Tremendous rental upside
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Separately metered for gas and electricity
-
ADU Potential!


















