Property listed by First Family Homes, Yossmira Hernandez 562-417-2653
$3,595,000
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… Read More (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. Read Less
Listing Snapshot
Days Online
3
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
2024
MLS Number
DW25264460
Additional Details
Building
Built in 2024, 2 buildings, 4 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: Front
Community
Sidewalks, Urban
Cooling
CentralAir
Expenses
Insurance: $10,000, Operating: $25,000
Fireplaces
None
Garage
4 spaces
Heating
Central
Income
Gross Income: $288,000, Gross ScheduledIncome: $288,000, Net Operating Income: $263,000
Based on information from California Regional Multiple Listing Service, Inc. as of 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 broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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