1151 Ardmore Avenue , Los Angeles, CA - 90006 is For Sale

$3,260,000· Income property

Description

Welcome to 1151 Ardmore! This Brand New Built Construction Modern Fourplex in Koreatown is fully furnished and can come either 100% FULLY LEASED at $20,000 monthly or FULLY VACANT and either fully furnished or unfurnished (Buyers Choice). The building is centrally located and is close to coffee shops, restaurants and just minutes walking to Olympic blvd and very close to Hollywood and Downtown. The Fourplex features 8 parking spaces, brand new Stainless steel appliances, a rooftop deck with amazing 360 views and solar panels! All units include Central Air Conditioning + Heating and a motorized gate. Great for entertaining, roommates, families, tourists and couples as the units have open floor plans with tons of light and minutes from the 10 freeway! Great location that has several brand new construction buildings completed on the same block, and rapidly growing. Comes with a 1 year builders warranty, low maintenance, separately metered for all utilities, very little expenses with an estimated unheard of 6.13% cap rate!

Features

MLS#: 25526899
List Price : $3,260,000
Total Units : 4
CAP rate : $6.13
Gross Operating Income : $240,000
Net Operating Income : $200,000
Sq M : 549 M2
Year Built : 2024
Days on market : 53 Days
Gross taxes : N/A
Address : 1151 Ardmore Avenue
City : Los Angeles
State : CA
Zip Code : 90006
Neighborhood : N/A
Appliances : Dishwasher, Disposal, Microwave, Refrigerator
Stories : 3
Laundry : Washer Included, Dryer Included
Parking Features : Covered, Garage - Two Door
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $3,260,000
Acres : 0.1357
Lot Size (Acres) : 0.1357
Heating : Central
Parking Features : Covered, Garage - Two Door
Cooling : Central Air
Driving Directions : South of Olympic, right before 12th and Ardmore, few blocks west of Normandie
 
Courtesy of : Daniel Lalezari , Keller Williams Hollywood Hills

Location

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