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.
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.
Strong Rental Demand
East Hollywood continues to attract young professionals, healthcare workers, and creative
industry tenants seeking affordability relative to neighboring submarkets.
Transit Proximity
Convenient proximity to Metro transit corridors enhances tenant appeal and long-term rent
growth potential within a transit-supported housing market.
Value-Add Potential
Opportunity to increase NOI through:
Interior renovations
Market rent adjustments
Expense optimization
Improved property management strategies