New Construction
New
For Sale
$2,999,999
1151 S Ardmore Ave, Los Angeles, CA 90006
MULTI_FAMILY - Los Angeles, CA
Property Size6,206 SF
Lot Size0.14 Acres
Price / SF$483.40
Days on Market2
Property Features for 1151 S Ardmore Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR3
Bedrooms
16
Bathrooms
16
Full bathrooms
16
Rooms
Bedroom 9, Bathroom 16, Bedroom 10, Bathroom 7, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 15, Bedroom 13, Bathroom 1, Bathroom 12, Bathroom 13, Bedroom 16, Bedroom 15, Bathroom 9, Bathroom 14, Bedroom 5, Bathroom 3, Bathroom 10, Bedroom 14, Bedroom 3, Bedroom 6, Bedroom 7, Bedroom 11, Bathroom 8, Bathroom 4, Bedroom 12, Bathroom 11, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 8
Parking
8
Parking features
Garage, Covered
Directions
South of Olympic, right before 12th and Ardmore, few blocks west of Normandie
Subdivision
Mid-Wilshire
Standard status
Active
APN
5080-029-012
Size
6,206 SF
Lot size
0.14 Acres
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
rooftop deck
solar panels
central air conditioning and heating
motorized gate
balconies
in-unit washer and dryer
stainless steel appliances
designer tile
vinyl flooring
Building Details
Year built
2024
Floors in Building
3
Number of units
4
Listing Agency:
Keller Williams Hollywood Hills · Keller Williams Realty
(310) 623-1300
Listed By:
Daniel Lalezari · License #01949474
(310) 650-4220
Added: Aug 7
Last Checked: Aug 8 at 9:06PM
MLS# 26869837
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.
Built in 2024, this LAR3-zoned fourplex contains 6,206 square feet across four four-bedroom, four-bath units ranging from 1,523 to 1,580 square feet. Each residence offers an open layout, large bedrooms and closets, balconies, abundant natural light, vinyl flooring, quartz countertops, stainless steel appliances, in-unit laundry, central air conditioning, and central heating. The units are separately metered for utilities, and the property includes a motorized gate, garage and covered parking, solar panels, and a rooftop deck.
The property is located at 1151 S Ardmore Ave in Los Angeles’ Koreatown, near Olympic Boulevard and minutes from the 10 freeway. The surrounding area includes new construction, coffee shops, restaurants, and access to Hollywood, Downtown, USC, Mid-Wilshire, Hancock Park, and Westlake. All four units are fully leased, with a reported 6.45% cap rate and 12.49 GRM.
The property is located at 1151 S Ardmore Ave in Los Angeles’ Koreatown, near Olympic Boulevard and minutes from the 10 freeway. The surrounding area includes new construction, coffee shops, restaurants, and access to Hollywood, Downtown, USC, Mid-Wilshire, Hancock Park, and Westlake. All four units are fully leased, with a reported 6.45% cap rate and 12.49 GRM.
Key Highlights
- Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet each
- 100% fully leased with a reported 6.45% cap rate and 12.49 GRM
- 6,206 square feet on 0.1357 acres; built in 2024
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
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 - Fully leased residential income property with four spacious units, rooftop amenities, solar panels, and controlled parking access.
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: Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet each; 100% fully leased with a reported 6.45% cap rate and 12.49 GRM; 6,206 square feet on 0.1357 acres; built in 2024
