1128, 1128 1/2, 1130 & 1130 1/2 S Ardmore Ave, Los Angeles CA 90006
Appraised at:$3,595,000
Cap rate: 6.483%
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
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.
Listed by Yossmira Hernandez
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License #02051747
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First Family Homes
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562-417-2653
Last updated January 28, 2025
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Source: CRMLS #DW25015276
Listing Facts
TypeMulti-family
NeighborhoodOlympic Park
Days on Prevu223
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
01/27/2025
Listed by First Family Homes
$3,600,000
Property Details for 1128 Ardmore
Association
Amenities
Community Features: Sidewalks, Urban
Exterior
Construction
New Construction: Yes
Number Of Units Total: 4
Property Attached: Yes
Stories Total: 4
Year Built: 2024
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: Front
Measurements
Building Area Total: 7,750
Building Area Units: Square Feet
Lot Features: 0-1 Unit/Acre
Lot Size Acres: 0.13
Lot Size Area: 5,903
Lot Size Source: Public Records
Lot Size Square Feet: 5,903
Lot Size Units: Square Feet
Financial
Residential Income
Gross Income: $288,000.00
Operating Expense: $25,000.00
Taxes
Parcel Number: 5080034022
Other
Location
Tax Lot: 20
Parking
Parking
Garage Spaces: 4
Garage: Yes
Open Parking Spaces: 4
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Washer Hookup, Gas Dryer Hookup
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.