Active

1153 S Ardmore Avenue

Los Angeles, CA 90006
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Bed 16

Bed

Bath 0

Bath

SqFt6,206

Sqft

SqFt5,909

Sqft(Lot)

Welcome to 1153 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. 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 to 1,580 square fee t each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,999,999

AD Id : 79259557

MLS Id : 26839091

Beds : 16

Lot Size : 5,909 Sqft

Living Area Size : 6,206

Year Built : 2024

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 16

    Bathroom Information

    Total Baths: 16 Full Baths: 0 Half Baths: 0
  • Interior Features

    Property Appliances: Dishwasher,Disposal,Microwave,Refrigerator,Dryer,Washer
  • Cooling Features

    Central Air Air Conditioning

    Heating Source

    Central Has Heating

  • Building Information

    Year Built: 2024 Building Area Total: 6,206

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1357
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5909

  • Listing Price Information

    Original List Price: 2,999,999 Listing Contract Date: 2026-05-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5080029012

  • Garage and Parking

    Garage Description: Covered,Door-Multi,Garage

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 3280 Directions: South of Olympic, right before 12th and Ardmore, few blocks west of Normandie Zoning: LAR3 Source Property Type: Residential Income Area: C17 - Mid-Wilshire
  • Building and Construction

    Property Age: 2 Year Built Source: Builder Total Square Feet Living: 6206 Levels or Stories: Multi/Split
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1147 S Westlake Avenue, Los Angeles, CA, 90006 $975,000 4 1 2,110 2,110 SqFt
2694 James M Wood Boule.., Los Angeles, CA, 90006 $1,795,000 3 -- 3,399 3,399 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $1,195,000 5 -- 3,604 3,604 SqFt
1136 Arapahoe, Los Angeles, CA, 90006 $1,400,000 -- -- 5,040 5,040 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
1415 Arapahoe Street, Los Angeles, CA, 90006 $1,600,000 6 4 3,641 3,641 SqFt
1118 Elden Avenue, Los Angeles, CA, 90006 $1,995,000 8 -- 4,890 4,890 SqFt

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ByOwner last updated this listing 06/19/2026 @ 15:04

MLS: 26839091 LISTED BY: Daniel Lalezari, Keller Williams Hollywood Hills 310-623-1300 SOURCE: CRMLS

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