1151 S Ardmore Avenue, Los Angeles, CA 90006 - Berkshire Hathaway HomeServices California Properties
1151 S Ardmore Avenue Los Angeles, CA 90006
$3,260,000 16 beds, 16 baths
6, 575 sqft

Agent Remarks

Welcome to 1151 Ardmore! This Brand New Built Construction Modern Fourplex in Koreatown is fully 100% FULLY LEASED with a unheard of 6.13% cap rate and a gross income of $240,000 yearly. The building is centrally located and is close to coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood and Downtown. The Fourplex features 8 parking spaces, brand new Stainless steel appliances, a rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, families, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! Great location that has several brand new construction buildings completed on the same block, and rapidly growing. Comes with a 1 year builders warranty, low maintenance, separately metered for all utilities, very little expenses with an estimated unheard of 6.13% cap rate!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25526899
List price is $3,260,000
Beds: 16
Baths: 16
Built in 2024
6,575 sqft
0.14 acres
Lot size: 0.1357
County: Los Angeles
Zoning: LAR3
Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
Parking description: Covered,Door-Multi,Garage
Heating/cooling: Central Air
Heating description: Central
MLS area: C17 - Mid-Wilshire

Last Updated: 6/18/2025

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This listing belongs to the C17 - Mid-Wilshire MLS area

Lat/Long: 34.049323, -118.302375.
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Listing Agent: Daniel Lalezari
Lic#: 01234982
Office Name: Mission Viejo

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