1128 South Ardmore Avenue
Description
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...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 • DRE #02051747 • Brokerage DRE #01526567 • First Family Homes • 562-417-2653
Property Details for 1128 South Ardmore Avenue
Property Details for 1128 South Ardmore Avenue
| Status | Active |
|---|---|
| MLS # | DW24252861 |
| Days on Market | 5 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 2024 |
| Lot Size | 0.14 AC / 5,903 SF |
| County | Los Angeles County |
Building Information for 1128 South Ardmore Avenue
Property Information for 1128 South Ardmore Avenue
- Tenant Pays: All Utilities
- Gross Income: $288,000
- Gross Scheduled Income: $288,000
- Net Operating Income: $263,000
- Operating Expense: $25,000
- Insurance Expense: $10,000
- Trash Expense: $0
- Total Expenses: $25,000
- Tax Tract Number: ELE...
- CFD/Mello-Roos Fee: $0
- Tax Lot: 20
- Community Features: Sidewalks, Urban
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Entry Location: Front
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Levels: Three Or More
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 4
- Uncovered Spaces: 4
- Open Other Spaces Total: 4
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Unit Type Units Total: 2
- Unit Type Beds Total: 5
- Unit Type Baths Total: 6
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Type: 1
- Unit Type Units Total: 2
- Unit Type Beds Total: 5
- Unit Type Baths Total: 5
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 2
- Unit Type Garage Attached: Yes
- Unit Type Type: 2
- Number Of Units Leased: 0
- Rent Controlled: No
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 4
Property History for 1128 South Ardmore Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1128 South Ardmore Avenue
Schools near 1128 South Ardmore Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Los Angeles Elementary School PublicK to 5 | ||
Berendo Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Vista Horizon Global Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of First Family Homes, Yossmira Hernandez, DRE #02051747
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.