Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90006 1151 S Ardmore Avenue

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Presented By: Daniel Lalezari with Keller Williams Hollywood Hills;
  • MLS# 25526899
  • 04/17/2025
  • Request Tour
  • Request Info
  • Beds • 16
  • Baths • 16
  • SQFT • 6,575
  • Garage • 1
  • Year Built • 2024

Home Details

Welcome to 1151 Ardmore! This Brand New Built Construction Modern Fourplex in Koreatown is fully furnished and can come either 100% FULLY LEASED at $20,000 monthly or FULLY VACANT and either fully furnished or unfurnished (Buyers Choice). 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!
Presented By: Daniel Lalezari with Keller Williams Hollywood Hills;

Interior Features for 1151 S Ardmore Avenue

Bedrooms

Total Bedrooms16

Bathrooms

Half Baths0
Total Baths16
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
LivingAreaSourcePlans
Total Stories3

General for 1151 S Ardmore Avenue

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate6.13
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsSouth of Olympic, right before 12th and Ardmore, few blocks west of Normandie
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income24000.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsMultiSplit
Lot Size Square Feet5909.0
Lot Size UnitsSquareFeet
MLS AreaC17 - Mid-Wilshire
MobileHomeRemainsYNNo
Net Operating Income200000.0
New ConstructionNo
Number Of Units Total4
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2024
Year Built SourceBuilder
ZoningLAR3

Exterior for 1151 S Ardmore Avenue

Building Area Total6575.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1357
Lot Size Area5909.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesCovered, DoorMulti, Garage
Private PoolNo
SpaNo
Total Parking8.0
WaterfrontY/NNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $3,260,000
MLS#25526899
List Date 04/17/2025
Property Type Multi-Family
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Request Info
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