New Fourplex with Rooftop
1151 S Ardmore Ave Los Angeles, CA 90006
1151 S Ardmore Ave, Los Angeles, CA, 90006
$2,999,999
For Sale
$2,999,999
MULTI_FAMILY - Los Angeles, CA
Property Size6,206 SF
Lot Size0.14 Acres
Price / SF$483.40
Days on Market11
Property Features for 1151 S Ardmore Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR3
- Bedrooms
- 16
- Bathrooms
- 16
- Rooms
- Bedroom 8, Bathroom 6, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 14, Bathroom 10, Bedroom 5, Bedroom 14, Bedroom 11, Bathroom 8, Bedroom 3, Bedroom 15, Bedroom 16, Bathroom 11, Bathroom 2, Bedroom 4, Bathroom 12, Bedroom 10, Bedroom 7, Bathroom 5, Bathroom 9, Bathroom 13, Bathroom 15, Bathroom 16, Bathroom 7, Bedroom 13, Bedroom 6, Bedroom 9, Bedroom 12, Bedroom 2, Bathroom 3
- Parking
- 8
- Parking features
- Garage, Covered
- Standard status
- Active
- APN
- 5080-029-012
- Size
- 6,206 SF
- Lot size
- 0.14 Acres
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 2024
- Floors in Building
- 3
- Number of units
- 4
Listing Agency
Keller Williams Hollywood Hills
(310) 623-1300
9000 Sunset Blvd. Suite 1100, West Hollywood, CA
Listed by
Daniel Lalezari · License #01949474
(310) 650-4220
Added: Jul 7 Checked: Jul 17 at 9:06 am
MLS# 26856673
Listing URL
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located at 1151 S Ardmore Ave in Los Angeles, this 100% leased, brand new high-end fourplex offers four units, each configured as a 4-bedroom, 4-bath home. Units feature efficient open floor plans with large bedrooms, closets, balconies, and abundant natural light. Interiors include vinyl flooring, grey cabinetry, quartz white countertops, and a large island, along with stainless steel appliances and in-unit washer and dryer. Bathrooms include designer Carrara shower tile, and every unit is equipped with central air conditioning and heating.
The property includes 8 parking spaces, a motorized gate, and solar panels. The building also offers a rooftop deck for outdoor use. The site is in the Koreatown area and is described as walkable to nearby coffee shops and restaurants, with convenient access to Olympic Blvd and other parts of Los Angeles.
For tenants and investors, the separately metered utilities and low-maintenance, all-electric-style interior amenities support day-to-day ease, while the unit mix and layout are well suited to roommate-style households and groups seeking four-bedroom space. The property is offered as a completed, move-in-ready asset with a 1-year builder’s warranty. Buyers are advised to verify all details with their advisors and complete due diligence.
The property includes 8 parking spaces, a motorized gate, and solar panels. The building also offers a rooftop deck for outdoor use. The site is in the Koreatown area and is described as walkable to nearby coffee shops and restaurants, with convenient access to Olympic Blvd and other parts of Los Angeles.
For tenants and investors, the separately metered utilities and low-maintenance, all-electric-style interior amenities support day-to-day ease, while the unit mix and layout are well suited to roommate-style households and groups seeking four-bedroom space. The property is offered as a completed, move-in-ready asset with a 1-year builder’s warranty. Buyers are advised to verify all details with their advisors and complete due diligence.
Key Highlights
- 2024 brand‑new construction fourplex with 4 units, each 4 BD/4 BA, sized approx. 1,523–1,580 SF
- 100% fully leased; reported 6.45% cap rate, $240,000 yearly gross income, $20,000 monthly gross income, and 12.49 GRM
- Central heating and Central Air in all units; washer and dryer included in each unit
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Fully leased fourplex featuring a rooftop deck, solar, and separately metered utilities in Los Angeles.
Where is this quadplex located?
The property is located at 1151 S Ardmore Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,999,999.
What are key features of this property?
This property features: 2024 brand‑new construction fourplex with 4 units, each 4 BD/4 BA, sized approx. 1,523–1,580 SF; 100% fully leased; reported 6.45% cap rate, $240,000 yearly gross income, $20,000 monthly gross income, and 12.49 GRM; Central heating and Central Air in all units; washer and dryer included in each unit
