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Property Description

Welcome to 1151 Ardmore! This Brand New Built Construction Modern Fourplex in Koreatown is fully 100% FULLY LEASED with a unheard of 6.13% cap rate and a gross income of $240,000 yearly. 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!

Features
: Central
: Central Air
3
: Dryer Included, Washer Included
0
Additional Information
Keller Williams Hollywood Hills
0
CLW-C117382
CLW-X7252101
Daniel
5080029012
: Standard
Multi/Split
32

Multi-Family For Sale

1151 Ardmore Avenue, Los Angeles, California 90006

6,575 Sqft
$3,260,000
Listing ID #25526899
Basic Details
Status : Active
DaysOnMarket : 61
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : 25526899
Price : $3,260,000
Living Area : 6,575 Sqft
Lot Size : 5,909 Sqft
Year Built : 2024
Country : US
State : California
County : Los Angeles
City : Los Angeles
Zipcode : 90006
Price Per Square Foot : $496
ModificationTimestamp : 2025-06-17 19:30:06
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