Millman Team Real Estate

$3,595,000
0.14 Acre Lot

1128 Ardmore, Los Angeles, California 90006

  • Residential Income Property Type
  • 2024 Year Built
Property Description

1128, 1128 1/2, 1130 & 1130 1/2 S Ardmore Ave, Los Angeles CA 90006

Appraised at:$3,595,000

Property is fully leased with a great Cap rate of 5.865%.

Presenting a Clean Modern look BRAND NEW CONSTRUCTION Multi-family Investment 4 Unit Property.

Property’s breakdown is the following:

4Plex consists of 2 Duplexes; total of 4units

Mix of (2) 5 bedrooms & 5 bathrooms & (2) 5 bedrooms & 6 bathrooms

Total of 20 Bedrooms and 22 Baths

Total approx. Living sqft: 6,880 ( Not including 870 sqft Garage)

Total approx. Lot sqft: 5,903

Unit 1 sqft: 1,652.5

Unit 2 sqft: 1,652.5

Unit 3 sqft: 2,222.5

Unit 4 sqft: 2,222.5

Note:Property is fully leased with a great Cap rate of 5.865%.

All units are Quad-Level & separately metered for each utility service. This project is located in a hot rental area. Location, location, location! Multi family units are in high demand in this area. This project being Brand New Construction, these units are easy to lease out. Property has little to no maintenance; super convenient for the owner.

Buyer(s) to independently verify all information on this listing. Listing agent is not liable for any information that turns out incorrect. The accuracy of all information, regardless of source, including but not limited to square footages, lot sizes, income, and expenses, is deemed reliable but not guaranteed.

Basic Details
Residential Income
For Sale
DW25243250
$3,595,000
2024
0.14 Acre
Active
1
1
Quadruplex
Features
: None
: Central
: Central Air
: None
: Washer Hookup, Gas Dryer Hookup
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90006
Ardmore
1128
On Ardmore Ave crossing 12th St. Major cross streets Olympic Blvd & Western Ave.
KREA - Koreatown
Additional Information
$0
$0
$0
$0
$0
7750
: Sidewalks, Urban
1
4.0
: Three Or More
: 0-1 Unit/Acre
4
2025-10-21
4
: Public
Broker/Agent Information
First Family Homes
Yossmira Hernandez
Listing Information
DWHERYOS
YFFH
Cash,Cash to New Loan,1031 Exchange
Active
2025-11-06T02:38:00Z
CRMLS
: Standard
2025-10-21T07:12:23Z
Agent info
Ray Millman
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