1153 S Ardmore AV
Los Angeles, CA, 90006
$2,999,999
16 Beds
16 Baths
6,206 SqFt
0.14 Acres
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MLS #26839091 image #0
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.

Property Details

Price:
$2,999,999
MLS #:
26839091
Status:
Active
Beds:
16
Baths:
16
Type:
Single Family
Neighborhood:
c17midwilshire
Listed Date:
May 26, 2026
Finished Sq Ft:
6,206
Total Sq Ft:
6,206
Lot Size:
5,909 sqft / 0.14 acres (approx)
Year Built:
2024
C17 – Mid-wilshireC17midwilshire

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Schools

Interior

Appliances
DW, GD, MW, RF
Cooling
CA
Heating
CF
Laundry Features
DINC, WINC
Levels
S

Exterior

Parking Spots
8
Parking Total
8

Financial

Gross Operating Income
$240,000
Net Operating Income
$193,734

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jun 03, 2026
6,869
Single Family Listed
86
Avg DOM
435
Avg $ / SqFt
$1,697,308
Avg List Price

Property Summary

    1153 S Ardmore AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90006. It is listed for $2,999,999 and features 16 beds, 16 baths, and has approximately 6,206 square feet of living space, and was originally constructed in 2024. The current price per square foot is $483. The average price per square foot for Single Family listings in Los Angeles is $435. The average listing price for Single Family in Los Angeles is $1,697,308.

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1153 S Ardmore AV
Los Angeles, CA