1151 S Ardmore Avenue Los Angeles, CA $ 3,260,000
1151 S Ardmore Avenue
$ 3,260,000
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1151 S Ardmore Avenue

Los Angeles, CA, 90006
$ 3,260,000
Bedrooms16 Baths16.0 Sq 6,575

Monthly Estimate*

$ 21,667

Listed by Keller Williams Hollywood Hills
1151 S Ardmore Avenue, Los Angeles, CA 90006 - Image 1

Multi-Family Home for sale in Los Angeles, CA

for $3,260,000 with 16 bedrooms and 16 full baths. This 6,575 square foot home was built in 2024 on a lot size of 0.1357.

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!

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Multi-Family Active

Price

$ 3,260,000

Bedrooms

16

Full Bath

16

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1357

Year Built

2024

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25526899

Days on Market

25

Features
General
Heating Central
Cooling CentralAir
Appliances Dishwasher Disposal Microwave Refrigerator Dryer Washer
Zoning LAR3
Year Built 2024
Levels MultiSplit
Gross Income 24000.0
County Los Angeles
Net Operating Income 200000.0
New Construction N
Property Type ResidentialIncome
HOA N
Attached Garage N
Garage Y/N N
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions South of Olympic right before 12th and Ardmore few blocks west of Normandie
City Los Angeles
Senior Community Y/N N
Number Of Units Total 4
MLS Area C17 - Mid-Wilshire
Lot Size Units SquareFeet
Lot Size Square Feet 5909.0
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Year Built Source Builder
Cap Rate 6.13
Exterior
Parking Features Covered DoorMulti Garage
Total Parking 8.0
Lot Size Area 5909.0
Number of Buildings 2
Spa N
Building Area Total 6575.0
Lot Size Acres 0.1357
Private Pool N
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Interior
Total Stories 3
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 16
Total Baths 16
Internal Only
Street Number 1 1151
* Excluded Features
List By
Keller Williams Hollywood Hills

Broker

(310) 650-4220

Phone

Affordability Calculator

$21,667
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,667
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2025$3,260,000 Listed Price

Map


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1151 S Ardmore Avenue, Los Angeles, CA, 90006 is a Multi-Family Home for sale at $3,260,000 with 6,575 sqft and a lot size of 0.1357. 1151 S Ardmore Avenue has 16 bedrooms, 16.0 baths, and was built in 2024. The property's zip code is 90006 which is in Los Angeles, CA