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1151 S Ardmore Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:CENTURY 21 Sierra Properties
1151 S Ardmore Avenue,Los Angeles, CA 90006
$2,999,999
  • 16 Beds
  • - Baths
  • 6,206 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills
MLS#:CL26991321
Source:Bay East, CCAR, bridgeMLS

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 #:CL26991321
  • Added:3 day(s) ago
  • Updated:September 26, 2026 at 02:55 PM

Rooms and interior

  • Bedrooms:16
  • 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

  • Laundry features:Dryer, Washer

Parking

  • Parking description:Covered
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at September 26, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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