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1151 S Ardmore Avenue, Los Angeles, CA 90006

Los Angeles
Local realty services provided by:CENTURY 21 Coastal Properties
1151 S Ardmore Avenue,Los Angeles, CA 90006
$2,949,000
  • 16 Beds
  • 16 Baths
  • 6,206 sq. ft.
  • Multi-family
  • Active
Listed by: daniel lalezari
Office: keller williams hollywood hills310-623-1300
MLS#:26104714
Source:CRMLS

Price summary

  • Price:$2,949,000
  • Price per sq. ft.:$475.19

About this home

Welcome to 1151 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.56% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000 and a GRM of 12.28. 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 #:26104714
  • Added:3 day(s) ago
  • Updated:October 30, 2026 at 12:10 PM

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:$2,949,000
  • Price per sq. ft.:$475.19

Features and amenities

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

Parking

  • Total parking spaces:8
  • Parking description:Covered, Door-Multi, Garage
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Coastal Properties is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Coastal Properties, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Jennette Toderick

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