$1,290,000
-$360,0001147 S Ardmore Avenue, Los Angeles CA 90006
Multi-Family (2 Units)
Property type
119 days
On market
$675
Price per sqft
N/A
Garage
1911
Year built
5,908 sqft
Lot size
Open Houses
Overview
Excellent development opportunity located in the heart of Koreatown. The area has been rapidly developed and revitalized in recent years and is conveniently close to major markets, popular restaurants, and key amenities.
Listing provided by: Sun Kyung Chang DRE #01950848 213-507-1616, TNG Real Estate Consultants
Listing updated: May 5, 2026 at 10:53pm.
Last checked: Jun 5, 2026 at 03:30pm
Source: CRMLS #26648523
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 3 | — | $4,400 | $1,700 | $4,400 | Unfurnished |
| 1 | 0 | 1 | — | $1,100 | $1,100 | $1,300 | Unfurnished |
| 3 | 2 | 2 | — | $2,100 | $2,100 | $2,300 | Unfurnished |
# of Buildings: 2
# of Units Total: 2
Refrigerator: 2
Financial Snapshot
Gross Rent Multiplier
13.4x
List Price / Annual Gross Rent
Cap Rate
5.71%
NOI / List Price
Net Operating Income: $73,600
Annual Operating Expenses
Electric: $1,800
Gardener: $600
Insurance: $2,500
Maintenance: $2,000
New Taxes: $12,500
Water / Sewer: $2,500
Interior
Cooling: None
Heating: Wall Furnace
Appliances: Refrigerator
Exterior
Property Attached: No
Stories Total: 1
Levels: One
Common Walls: No Common Walls
Garage and Parking
Parking: None
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5080029011
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1147 S Ardmore Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,032,000
Total Interest
$1,316,259
Total Payment
$2,348,259
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,017
per month
Property History for 1147 S Ardmore Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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