New Construction
New
For Sale
$2,999,999
1151 S Ardmore Avenue, Los Angeles, CA 90006
Four fully leased residences offer four-bedroom layouts, private balconies, and in-unit laundry.
Property Size6,206 SF
Price / SF$483.40
Days on Market6
Property Features for 1151 S Ardmore Avenue
General Information
Standard status
Active
Size
6,206 SF
Property subtype
Multi-family
Building Details
Year Built
2024
Listing Agency:
Keller Williams Hollywood Hills
Listed By:
Daniel Lalezari
(714) 497-3550
Source:
Sevengables
Added: Aug 5
Changed: Aug 10
Last Checked: Aug 10 at 5:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Hollywood Hills
Investment Insights
Based on property information with market context.
Completed in 2024, this 6,206-square-foot fourplex contains four 4-bedroom, 4-bath residences ranging from 1,523 to 1,580 square feet. Each unit has an open layout with large bedrooms, closets, a balcony, abundant natural light, vinyl flooring, quartz countertops, a kitchen island, stainless steel appliances, in-unit laundry, Carrara tile showers, and central air conditioning and heating. Utilities are separately metered, and a one-year builder warranty is included.
The property is 100% leased and includes eight parking spaces, a motorized gate, solar panels, and a rooftop deck with 360-degree views. Located in Koreatown, the building has a Walk Score of 92, is walkable to Olympic Boulevard, and is minutes from the 10 freeway. Hollywood, Downtown, USC, BMO Stadium, the LA Coliseum, Mid-Wilshire, Hancock Park, and Westlake are also identified as nearby destinations.
The property is 100% leased and includes eight parking spaces, a motorized gate, solar panels, and a rooftop deck with 360-degree views. Located in Koreatown, the building has a Walk Score of 92, is walkable to Olympic Boulevard, and is minutes from the 10 freeway. Hollywood, Downtown, USC, BMO Stadium, the LA Coliseum, Mid-Wilshire, Hancock Park, and Westlake are also identified as nearby destinations.
Key Highlights
- 100% leased fourplex with a 6.45% cap rate and 12.49 GRM
- Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet each
- 6,206‑square‑foot property completed in 2024
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,160
Businesses Nearby
Explore this area
Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four fully leased residences offer four-bedroom layouts, private balconies, and in-unit laundry.
Where is this quadplex located?
The property is located at 1151 S Ardmore Avenue 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: 100% leased fourplex with a 6.45% cap rate and 12.49 GRM; Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet each; 6,206‑square‑foot property completed in 2024
