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1266 N Ardmore Ave, Los Angeles, CA 90029

List Price: $1,950,000On Market FlagOn market
Mar 17, 20256,340 sqft10 beds9 baths
Listed by: Sean Rosenzweig
License #: 01406343
Phone #: 213-943-1897
Marcus & Millichap
Source:
CRMLS Logo
MLS #: 25512505

Property Description

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a nine-unit apartment community located at 1266 North Ardmore Avenue. The subject property is located south of Fountain Avenue and west of Normandie Avenue. Located in the heart of vibrant East Hollywood, this property offers easy access to trendy cafes, local shops, and iconic entertainment in Hollywood, Silver Lake & Echo Park. Its prime location offers easy access to both Sunset Junction, about a mile east, and the Hollywood Freeway, providing an ideal combination of walkability and drivability. With increasing foot traffic, rising demand, and undeniable growth, this area is on a clear upward trajectory. Situated on a 7,939 square foot parcel, the property is comprised of one studio, six one-bedroom units, and two two-bedroom units. The property has more than 33% remaining rental upside through unit renovations. 1266 North Ardmore Avenue offers a compelling opportunity to acquire a property in a sought-after pocket of East Hollywood combined with value-add potential to achieve enhance future returns.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$28,611

TurboHome Estimated Value

$1,928,700

$304 sqft

High Valuation
$2,025,135
$319/sqft
Normal Valuation
$1,928,700
$304/sqft
Low Valuation
$1,832,265
$289/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$304/sqft$1,928,700

Neighborhood: Mid Wilshire

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Comparative Value

$1.52M

$1.95M

5833 Gregory Ave, Los Angeles, CA 90038

Sale Price: $1,525,000

Selected Comparable

1266 N Ardmore Ave, Los Angeles, CA 90029

List Price: $1,950,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1266 N Ardmore Ave, Los Angeles, CA 90029

1266 N Ardmore Ave, Los Angeles, CA 90029

List: $1,950,000

Listed: 3/17/2025

Area:6,340 sqft
Price/sqft:$308
Beds:10
Baths:9
Year Built:
Lot Size:7,939

Comparable Properties

COMPARABLE
Choose comps
5833 Gregory Ave, Los Angeles, CA 90038

5833 Gregory Ave, Los Angeles, CA 90038

Sale: $1,525,000

8/21/20241.41 mi

Area:6,574 sqft
Price/sqft:$232
Beds:11
Baths:10
Year Built:
Weight:100.0%

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