1151 S Ardmore Avenue, Los Angeles, CA 90006

Local realty services provided by:ERA Excel Realty
#1#2#3
1151 S Ardmore Avenue,Los Angeles, CA 90006
$3,260,000
  • 16 Beds
  • 16 Baths
  • 6,575 sq. ft.
  • Multi-family
  • Active
Listed by:daniel lalezari
Office:keller williams hollywood hills
MLS#:25526899
Source:CRMLS

Price summary

  • Price:$3,260,000
  • Price per sq. ft.:$495.82

About this home

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!

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Home facts

  • Year built:2024
  • Listing Id #:25526899
  • Added:122 day(s) ago
  • Updated:August 18, 2025 at 02:21 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Living area:6,575 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:2024
  • Building area:6,575 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$3,260,000
  • Price per sq. ft.:$495.82
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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