1137 N Ardmore, Hollywood Hills East, California 90029, Hollywood Hills East, 90029 - 0 bed, 0 bath
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Hollywood Hills East, California 90029
Analysis of 1137 N Ardmore, Hollywood Hills East, California 90029 is currently available with a list price of $1,499,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Hollywood Hills East Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1907 (117+ years old) with no evidence of modernization; the listing explicitly suggests 'possible redevelopment,' indicating the structures are likely at the end of their functional life and the value is primarily in the land.
With existing rents currently below market rates, this property offers a significant opportunity for investors to increase cash flow and asset value through strategic unit turnovers and renovations.
The substantial 8,002 square foot lot in the high-demand Hollywood Hills East area provides a prime canvas for developers to explore higher-density residential projects or a complete site transformation.
The configuration of a detached single-family home in the front plus additional units offers a unique 'owner-user' opportunity to live in a private residence while collecting income from the other three units.
Built in 1907, the property's age suggests likely requirements for major capital expenditures to update aging plumbing, electrical systems, and structural integrity to meet modern standards.
As a multi-family property in Los Angeles built prior to 1978, it is subject to the Rent Stabilization Ordinance (RSO), which limits rent increases and adds complexity to tenant relocation for redevelopment.
4-plex building, including a single family in front. Below market rents. Possible redevelopment.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-6 • 0.1 mi
Grades K-2 • 0.8 mi
No sensitive facilities data found.
Jun 11, 2026
$1,499,000
Initial Listing