New Construction
New
For Sale
$2,999,999
1151 S Ardmore Ave, Los Angeles, CA 90006
Residential Income, 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
Bathroom 4, Bathroom 11, Bathroom 13, Bedroom 9, Bedroom 13, Bedroom 1, Bathroom 14, Bathroom 12, Bedroom 7, Bedroom 2, Bathroom 1, Bedroom 15, Bedroom 16, Bedroom 5, Bathroom 7, Bathroom 8, Bathroom 6, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 15, Bathroom 10, Bedroom 8, Bedroom 14, Bedroom 6, Bathroom 9, Bedroom 3, Bedroom 12, Bedroom 11, Bathroom 16, Bedroom 10, Bathroom 2
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
balconies
in-unit washer/dryer
rooftop deck
solar panels
central air conditioning + heating
motorized gate
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: Sep 22
Last Checked: Sep 23 at 7:06AM
MLS# 26991321
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.
Completed in 2024, this 6,206-square-foot quadplex contains four 4-bedroom, 4-bath units ranging from 1,523 to 1,580 square feet. Each residence includes an open layout, large bedrooms and closets, a balcony, vinyl flooring, quartz countertops, a kitchen island, stainless steel appliances, in-unit washer and dryer, and central air conditioning and heating. The property sits on 0.1357 acres and includes a rooftop deck, solar panels, a motorized gate, and 8 covered garage parking spaces.
Located at 1151 S Ardmore Ave in Los Angeles, the property is in Koreatown with a Walk Score of 92 and access to the 10 freeway. Olympic Boulevard, coffee shops, restaurants, and several Los Angeles destinations are within the surrounding area. All units are fully leased, separately metered for utilities, and supported by a 1-year builder's warranty. The property is identified with LAR3 zoning and reports a 6.45% cap rate and 12.49 GRM.
Located at 1151 S Ardmore Ave in Los Angeles, the property is in Koreatown with a Walk Score of 92 and access to the 10 freeway. Olympic Boulevard, coffee shops, restaurants, and several Los Angeles destinations are within the surrounding area. All units are fully leased, separately metered for utilities, and supported by a 1-year builder's warranty. The property is identified with LAR3 zoning and reports a 6.45% cap rate and 12.49 GRM.
Key Highlights
- 2024‑built quadplex with 6,206 square feet on 0.1357 acres
- Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet
- 100% fully leased with a reported 6.45% cap rate and 12.49 GRM
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,427
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully leased residential income property with four-bedroom layouts, private laundry, and central air conditioning and heating.
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‑built quadplex with 6,206 square feet on 0.1357 acres; Four 4‑bedroom, 4‑bath units ranging from 1,523 to 1,580 square feet; 100% fully leased with a reported 6.45% cap rate and 12.49 GRM
