Homes for sale - 1128 Ardmore, Los Angeles, CA 90006

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$3,595,000

Est. payment - /mo

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25264460

HOA Y/N No

Year Built 2024

Property Sub-Type Quadruplex

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.

Location

State CA

County Los Angeles

Area Krea - Koreatown

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Sidewalks, Urban

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 4

Entry Level Three Or More

Sewer Public Sewer

Water Public

Level or Stories Three Or More

New Construction Yes

Others

Senior Community No

Tax ID 5080034022

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

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Listed by Yossmira Hernandez First Family Homes 562-417-2653

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