1151 S Ardmore Ave - Apartments FOR SALE


Los Angeles, CA 90006- Harvard Heights
$3,260,000 USD
310-575-2690
1151 S Ardmore Ave, Los Angeles, CA for Sale
$3,260,000 USD
Apartments - FOR SALE
1/22
null | 6.13% Cap Rate

1151 S Ardmore Ave
Los Angeles, CA 90006
Harvard Heights


HIGHLIGHTS

  • Can be fully vacant or fully leased at $20,000 total per month, very high cash flow
  • Great area with brand new construction buildings surrounded
  • Fully furnished, can be sold with all furniture or vacant
  • Close to coffee shops, restaurants and walkable to Olympic blvd.
  • Rooftop deck with views, open floor plan with tons of natural light

OVERVIEW

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!

FOR SALE DETAILS

PRICE

$3,260,000 USD

PRICE/SF

$466 USD /SF

# OF UNITS

4

PRICE/UNIT

$815,000

CAP RATE

6.13%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1151 S Ardmore

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,907 SF

ZONING

LAR3

APN/PARCEL ID

5080-029-012

ASK ABOUT THIS PROPERTY

Daniel LalezariLuxe CapitalMore Info
310-575-2690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daniel LalezariLuxe CapitalMore Info
310-575-2690

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.