1151 S Ardmore Avenue
Los Angeles, CA 90006
16
Bed
16
Bath
6,206Sqft
5,909Sqft(Lot)
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 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 2026 World Cup and 2028 Olympics coming soon, this site is very close to all the action. The building features Four-4 bd 4 bath ranging from 1,523
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 16Bathroom Information
Total Baths: 16 -
Interior Features
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir
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Building Information
Year Built: 2024Building Area Total: 6206Private Pool: No
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Lot Information
Main Square Feet: 5909 Lot Size Acres: 0.1357 Lot Size Square Feet: 5,909
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Listing Price Information
Listing Price: $2999999
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Tax Information
Parcel Number: 5080029012
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Virtual Tour
Parking Information
Parking Total: 8 Covered, DoorMulti, Garage
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Location Information
Direction: South of Olympic, right before 12th and Ardmore, few blocks west of Normandie
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1032 S Westlake Avenue, Los Angeles, CA, 90006 | $1,000,000 | 6 | 4 | -- | |
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1324 S Westlake Avenue, Los Angeles, CA, 90006 | $800,000 | -- | -- | 4,232 | 4,232 SqFt |
| 2300 W 12th Street, Los Angeles, CA, 90006 | $1,295,000 | 9 | -- | 4,032 | 4,032 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1312 Arapahoe, Los Angeles, CA, 90006 | $1,200,000 | 5 | 2 | 2,105 | 2,105 SqFt |
| 1702 S Hoover Street, Los Angeles, CA, 90006 | $1,589,000 | -- | -- | 2,415 | 2,415 SqFt |
| 1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 | $849,900 | 6 | -- | 2,804 | 2,804 SqFt |
| 1333 Arapahoe Street, Los Angeles, CA, 90006 | $995,000 | 5 | 3 | 2,626 | 2,626 SqFt |
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ByOwner last updated this listing 07/27/2026 @ 05:54
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