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412 N Ardmore AvenueLos Angeles, CA 90004

For Sale

$2,700,000

Smart Buyer Rebate $27,000

412 Ardmore presents a rare opportunity to acquire a newer-construction fourplex in one of Hollywood's most consistently high-demand rental pockets. The property consists of two standalone, three-story duplex structures, delivering a highly desirable low-density configuration that resonates strongly with today's renters. The unit mix includes one 2-bedroom / 1.5-bath unit, one 3-bedroom / 2.5-bath unit, one 3-bedroom / 3.5-bath unit, and one 4-bedroom / 3.5-bath unit, totaling approximately 5,320 square feet of living area an uncommon offering of larger, highly functional layouts for the submarket. Built to modern standards, the asset offers the features investors prioritize: no rent control, separately metered units for gas, water, and electricity, and minimal maintenance obligations relative to older Hollywood inventory. The contemporary construction, efficient layouts, and strong curb appeal continue to support robust tenant demand and premium rental positioning. Centrally located, the property sits just minutes from Paramount Studios, Raleigh Studios, trendy Larchmont Village, upscale Hancock Park, Koreatown, and, of course, all of the entertainment, retail, and lifestyle amenities that define Hollywood. This exceptional accessibility further enhances tenant appeal and long-term rental stability. Opportunities to secure a newer asset with these fundamentals in such a supply-constrained submarket are extremely limited. With its combination of location, condition, and investor-friendly characteristics, 412 Ardmore stands out as a high-quality multifamily investment well positioned for durable income and long-term appreciation. * Building and unit square footage are approximate and may be based on architectural plans or preliminary information. Actual as-built dimensions and rentable area may vary. Seller and Broker make no representation or warranty as to accuracy. Buyer to independently verify all information.

Listed by David Leibowitz

·

License #01912487

·

Investment Real Estate Associates

·

818-574-5132

Last updated March 14, 2026

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Source: CRMLS #26661439

Listing Facts

  • TypeMulti-family
  • NeighborhoodWilshire Center - Koreatown
  • Bedrooms12
  • Days on Prevu11
  • Size5,384 sqft
  • Price per sqft$501

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

03/06/2026
Listed by Investment Real Estate Associates
$2,700,000

Property Details for 412 N Ardmore Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • New Construction: Yes
  • Number Of Units Total: 4
  • Stories Total: 3
  • Year Built: 2019
  • Architectural Style: Modern
  • Construction Materials: Stucco, Wood Siding

Features

  • Direction Faces: West

Measurements

  • Building Area Total: 5,384
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,279
  • Lot Size Dimensions: 48,110
  • Lot Size Source: Plans
  • Lot Size Square Feet: 5,279
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.28
  • Gross Income: $159,643.00

Taxes

  • Parcel Number: 5521022006

Interior

Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator, Dryer, Washer

Measurements

  • Living Area: 5,384
  • Living Area Source: Plans

Rooms

  • Bathrooms Total Integer: 13
  • Bedrooms Total: 12

Parking

Parking

  • Parking Features: Assigned
  • Parking Total: 8

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 12 bedrooms in this multi-family home at 412 N Ardmore Avenue.

Does this multi-family home have parking?

Yes, there are 8 parking spaces available for 412 N Ardmore Avenue.

How does 412 N Ardmore Avenue compare to other multi-family homes in Wilshire Center - Koreatown?

This multi-family home is listed 4% below the average price for multi-family homes in Wilshire Center - Koreatown and has been on the market for 83 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,384 sqft.

412 N Ardmore Avenue is a 12-bedroom multi-family home for sale in Los Angeles CA 90004. On Prevu for 11 days at $2,700,000. This residence features 5,384 square feet of living space, located in Wilshire Center - Koreatown. The median listing price for multi-family homes in this area is $1,200,000. Additional amenities include dishwasher, air conditioning, parking, and washer/dryer. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.