1151 S Ardmore Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1151 S Ardmore Avenue,Los Angeles, CA 90006
$2,999,999
  • 16 Beds
  • 16 Baths
  • 6,206 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills310-623-1300
MLS#:26869837
Source:CRMLS

Price summary

  • Price:$2,999,999
  • Price per sq. ft.:$483.4

About this home

Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.45% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.49. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown with an amazing walk score of 92 and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2028 Olympics coming soon, this site is very close to all the action and there has been a ton of money invested in this are. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units...

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Home facts

  • Year built:2024
  • Listing ID #:26869837
  • Added:3 day(s) ago
  • Updated:August 11, 2026 at 11:09 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Living area:6,206 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Building area:6,206 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$2,999,999
  • Price per sq. ft.:$483.4

Features and amenities

  • Appliances:Dishwasher, Disposal, Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:8
  • Parking description:Covered, Door-Multi, Garage
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