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    New Fourplex with Rooftop Deck Title is generated by Realmo AI

    1151 S Ardmore Ave, Los Angeles, CA 90006

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    Claim this Listing
    New
    For Sale
    $2,999,999

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    6,206 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $483/SF
    Added:
    Jul 7, 2026
    Days on Market:
    1
    Last Refresh:
    Jul 7 at 7:06 pm

    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 11, Bedroom 13, Bedroom 10, Bedroom 12, Bedroom 16, Bathroom 15, Bedroom 8, Bedroom 9, Bathroom 12, Bathroom 11, Bathroom 14, Bedroom 14, Bathroom 3, Bathroom 4, Bathroom 6, Bathroom 1, Bedroom 5, Bathroom 5, Bedroom 2, Bathroom 10, Bedroom 1, Bathroom 7, Bedroom 6, Bedroom 15, Bathroom 9, Bathroom 16, Bathroom 13, Bathroom 2, Bathroom 8, Bedroom 7, Bedroom 4, Bedroom 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

    We can help!

    Contact an agent
    Daniel Lalezari

    Listing agent Daniel Lalezari License #01949474

    Listing office Keller Williams Hollywood Hills 9000 Sunset Blvd. Suite 1100, West Hollywood, CA

    Listing date Jul 7, 2026

    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.

    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
    • Each unit has separate utility metering plus balconies; included finishes include stainless steel appliances and quartz white countertops
    • Property includes 8 parking spaces, a motorized gate, and a rooftop deck with solar panels
    • Reported 1‑year builder’s warranty included (buyer to verify)

    Overview

    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.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Tanning Salon Buffet Veterinary Clinic Supermarket (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.302246
    Latitude
    34.049358

    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
    More about this property
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