Los Angeles, CA 90006
$1,499,000
Mark Quesada
Broker / Owner
DRE #02101365
Proudly presenting 1125 S Ardmore Ave, an excellent investment opportunity primely situated smack dab in the heart of Koreatown! This well-maintained income property features 6 total units, all 1-bedroom, 1-bathroom apartment units that are generating a solid monthly rental revenue of $8,670. Two of the units have been completely remodeled, and the entire property has been meticulously cared for. The property is uniquely structured into 3 separate buildings, offering great parking convenience with 4 garages and a total of 6 parking spaces. Huge value-add potential! The rear building features four 1-car garages on the ground floor, offering an enticing opportunity to convert them into multiple ADUs for additional cash flow (Buyer to verify zoning and capacity with the city). Unbeatable location just minutes away from Koreatown's vibrant markets, restaurants, shopping, and entertainment hotspots. With easy and close access to the 10 Freeway, commuting and connecting to all major LA freeways is incredibly convenient. Perfect for savvy investors looking for immediate cash flow and high rental demand in a prime location!
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$11,063/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Interior
Construction
Lot & parking
$775,000
Median sale price
44 days
Avg days on market
97.9% of list
Sells for
Closed sales in 90006 over the last 6 months, all home types.
Listed by MiJeong Kim, Mi Jeong Kim
MLS# 26855353 · Active
Actual closed sales from the MLS — not estimates.
History reflects records reported to the MLS and may be incomplete.
