Date
Details
Price
Change
Source
2/05/2026
Listed
$2,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/27
$2,300,000
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Property Description
Fantastic 12 unit building that has been in the same family since it was built in 1958. The property features a desirable unit mix of 10 spacious (1Br+1Ba) units and 2 (2Br+2Ba) with an average unit size of 775 SF. Offered at under 11.29 GRM on current rents and under $250/SF, the property stands out as an excellent "value add" opportunity with appx. 56% upside in rents, NOT including ADU potential. The property has seismic retrofitting and tuck under and carport parking with ADU potential (Buyer to verify). A new roof was installed in 2025. Laundry and storage rooms in the rear. The property is located just south of Melrose Avenue in the heart of Melrose Hill. Excellent access to LA City College, as well as major employment and lifestyle hubs, including post-production studios, creative office corridors, and media companies, and is only minutes from Paramount Studios. Its central location provides convenient connectivity to Hollywood, Koreatown, Silver Lake and DTLA, making it highly attractive to professionals in the entertainment, tech, and creative sectors! With a Walk Score of 86 ("Very Walkable"), tenants enjoy easy access to nearby restaurants, cafes, and the Metro B Line. Call for a rent roll and marketing package.
Full Property Details
Full Property Details for 543 N Ardmore Ave
General
- Price: $2,300,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26648059
- Updated: 2/19/2026
- Added to Site: 17 day(s) ago
Interior
- Interior Features: Common Walls, 2 Staircases, Storage Space
- Cooking Appliances: Oven-Gas
- Flooring: Wood Laminate, Tile, Laminate, Mixed
Rooms
Bathrooms
- Total Bathrooms: 14
- Bathroom Features: Low Flow Toilet(s), Low Flow Shower(s)
Bedrooms
- Total Bedrooms: 14
Other Rooms
- Laundry: Community, Laundry Area, Room
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated, Smoke Detector, Carbon Monoxide Detector(s)
- Other Features: None
Parking
- Garage: Yes
- Garage Spaces: 6
- Garage Description: Carport Detached, Assigned, Controlled Entrance, Covered Parking, Driveway Gate, Gated
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Cross Streets: N Normandie Ave and Beverly Blvd
- Driving Directions: Head East on Beverly Blvd then make a left onto N Normandie Ave. Make a left onto Maplewood Ave, make a right onto N Ardmore Ave, the subject property is on the left.
- Direction Faces: East
School Information
- School District: Los Angeles Unified
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall, Natural Gas
Utilities
- Sewer: In Connected and Paid
- Water: Public
- # Gas Meters: 12
- # Electric Meters: 12
Structural Information
- # Buildings: 1
- Architectural Style: Mid-Century
- Exterior Const.: Stucco
- Basement Desc.: Raised
- Foundation: Raised
- Roof: Composition, Shingle
- Common Walls: Attached
- Disability Access: None
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 9,320
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1958
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 12
- Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 21
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Total Bathrooms: 1
- Bedrooms: 1
Unit 6
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Total Bathrooms: 2
- Bedrooms: 2
Unit 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Total Bathrooms: 1
- Bedrooms: 1
Unit 10
- Total Bathrooms: 1
- Bedrooms: 1
Unit 11
- Total Bathrooms: 1
- Bedrooms: 1
Unit 12
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Property View: Mountains, City
- Lot Size (Acres): 0.252
- Lot Size: 11035
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $246.78
- Price Per Unit: 191667
- Assessment Year: 1958
- Owner Pays: Water, Gas, Gardener, Electricity, Other
- Tenant Pays: Gas, Electricity
Disclosures and Reports
- Disclosures/Reports: Rent Control
- APN: 5521-008-003
Listed by Compass, Dana Coronado and Equity Union, Nicole Apostolos
We Value Your Privacy
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Listing agents
— 543 N Ardmore Ave —
Dana Coronado
Compass
Nicole Apostolos
Equity Union
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 543 N Ardmore Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Alexandria Avenue Elementary School 4211 Oakwood Avenue, Los Angeles, CA 90004 | K-5 | 0.3 mi |
Virgil Middle School 152 North Vermont Avenue, Los Angeles, CA 90004 | 6-8 | 0.8 mi |
Belmont Senior High School 1575 West 2nd Street, Los Angeles, CA 90026 | 9-12 | 2.6 mi |
Miguel Contreras Learning Complex School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Contreras Learning Center-Los Angeles School Of Global Studies 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Contreras Learning Center-School Of Social Justice 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Academic Leadership Community School 322 Lucas Avenue, Los Angeles, CA 90017 | 9-12 | 2.9 mi |
Edward R. Roybal Learning Center 1200 Colton Street, Los Angeles, CA 90026 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 543 N Ardmore Ave
Tax History
Tax History for 543 N Ardmore Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,152
5%
$288,869
4%
2023
$4,916
4%
$277,677
2%
2022
$4,749
2%
$272,245
2%
2021
$4,640
-1%
$266,920
1%
2020
$4,664
3%
$264,190
2%
2019
$4,536
4%
$258,422
2%
2018
$4,354
3%
$253,356
2%
2017
$4,242
5%
$248,389
2%
2016
$4,041
1%
$243,519
2%
2015
$3,999
-2%
$239,862
2%
2014
$4,097
—
$235,164
—
2013
$4,091
—
$234,102
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 543 N Ardmore Ave
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- Multi-Family
- Active
- Updated 2 days ago
- 15Total Beds
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543 N Ardmore Ave, Los Angeles, CA 90004 (MLS# 26648059) is a Multi-Family property with units containing 14 bedrooms and 0 full bathrooms. 543 N Ardmore Ave is currently listed for $2,300,000 and was received on February 05, 2026. Want to learn more about 543 N Ardmore Ave? Do you have questions about finding other Multi-Family real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.