Properties

Los Angeles, CA 90006 1153 S Ardmore Avenue

1153 S Ardmore Avenue Los Angeles, CA - Image 11153 S Ardmore Avenue Los Angeles, CA - Image 21153 S Ardmore Avenue Los Angeles, CA - Image 3
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Presented By: Daniel Lalezari with Keller Williams Hollywood Hills;
  • MLS# 26670401
  • 03/27/2026
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  • Beds • 16
  • Baths • 4
  • SQFT • 6,206
  • Garage • 1

Home Details

Welcome to 1153 Ardmore, a 100% FULLY LEASED High End and Massive Brand New Construction Fourplex with an unheard of 6.45% cap rate, yearly gross income of $240,000 and an monthly gross income of $20,000. The area is booming with brand new construction buildings all around in the heart of Koreatown and there is room to add ADUS. The building is centrally located in Koreatown and is walkable to trendy new coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood, Downtown, Crypto arena, USC, LA Coliseum (home to the 2028 Olympics), BMO Stadium, Mid-Wilshire, Hancock Park, and Westlake. With 2026 World Cup and 2028 Olympics coming soon, this site is very close to all the action. The building features Four-4 bd 4 bath ranging from 1,523 to 1,580 square feet each. Each unit feature's efficient open floor plans with huge bedrooms, closets, balconies and all units have a ton of natural light. The units features beautiful vinyl flooring with grey classy cabinets, quartz white countertops, large island. Moreover, each unit has stainless steel appliances, washer and dryer in unit, designer carrara shower tiles. Each unit is separately metered for all utilities to lower expenses for a buyer and easy to manage, very little expenses, low maintenance, plus the property comes with 1 year builders warranty. This property is perfect for investors, a dream opportunity for 1031 Buyers and anyone that wants to invest in a safe asset at an amazing price and in the heart of Los Angeles and it also features 8 parking spaces, an beautiful rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, students, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! The neighborhood has lots of brand new construction close by giving a modern and nice vibrant feel to the area. This property has a ton of benefits, some of which are including long-term appreciation along with Depreciation benefits ( buyer to consult with their CPA) Buyer to Verify all.
Presented By: Daniel Lalezari with Keller Williams Hollywood Hills;

Interior Features for 1153 S Ardmore Avenue

Bedrooms

Total Bedrooms16

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths16

Other Interior Features

LivingAreaSourcePlans
Air Conditioning Y/NYes
Heating Y/NYes
Total Stories3

General for 1153 S Ardmore Avenue

AppliancesDishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
Cap Rate6.45
CityLos Angeles
CoolingCentral Air
CountyLos Angeles
DirectionsSouth of Olympic, right before 12th and Ardmore, few blocks west of Normandie
Full Baths
Gross Income240000
HOANo
HeatingCentral
LevelsMulti/Split
Living Area6206
Lot Size Square Feet5909
Lot Size UnitsSquare Feet
MLS AreaC17 - Mid-Wilshire
Net Operating Income193734
New ConstructionNo
Number Of Units Total4
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Year Built2024
Year Built SourceBuilder
ZoningLAR3

Exterior for 1153 S Ardmore Avenue

Building Area Total6206
Lot Size Acres0.1357
Lot Size Area5909
Number of Buildings2
Parking FeaturesCovered, Door-Multi, Garage
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,999,999
MLS#26670401
List Date 03/27/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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