$1,499,000
 $8,047 est/mo Sourced by Back At You

1125 S Ardmore Avenue,Los Angeles, CA 90006

Los Angeles, CA 90006

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Description

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!

Details

MLS #26855353
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1930
Days On Site78
Listing Provided ByMi Jeong Kim | MiJeong Kim

Features

Bed(s)6
Bath(s)6
SQ Feet3,528
Story(s)2
Units6
Building(s)3
ZoningLAR3
Acreage0.14

Interior

CoolingNone
HeatingWall Furnace
Heating Yes / NoYes
Cooling Yes / NoNo

Parking

Parking FeaturesGarage
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,499,000
low | high
Med:
$1,395,000
56.937958639093% of Average
sqft:
3,528
low | high
Med:
2,310
84.52380952381% of Average
$ / sqft:
$425
low | high
Med:
$605
7.634262307734% of Average
On site:
78
low | high
Med:
96
81.25% of Average
Sourced by Back At You

Market Activity 90006

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90006
AreaC17 Mid Wilshire
Listing VS Median (in 90006)
Price:
$1,499,000
low | high
Med:
$1,395,000
56.937958639093% of Average
sqft:
3,528
low | high
Med:
2,310
84.52380952381% of Average
$ / sqft:
$425
low | high
Med:
$605
7.634262307734% of Average
On site:
78
low | high
Med:
96
81.25% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.124M - $1.873M
sqft: 2,500 - 4,000
Listing Updated: August 21, 2026 at 11:25:03 PM PDT