$1,469,000

1501 S Ardmore, Los Angeles, CA 90006

4,312 sqft

Multi-Family Home
Built in 1922
7,052sqft lot
4 car garage
$341/sqft
Listed 6 days ago

Property Description

PRIME FOURPLEX INVESTMENT IN THE HEART OF LOS ANGELES Welcome to 1501 S Ardmore Ave, an impeccably maintained 4,312 SQFT gated fourplex ideally located on a large 7,050 SQFT corner lot between Pico and Venice, near Normandie Ave. This rare offering combines classic Los Angeles charm with strong income potential and exceptional upside opportunity. The property consists of two 2-bedroom/1-bath units and two 1-bedroom/1-bath units, each with a formal dining room, in-unit laundry hookups, and dedicated garage parking. Additional features include a detached 4-car garage, spacious fenced backyard, and a two-story layout providing privacy and comfort for every occupant. All units are tenant-occupied on month-to-month leases, providing steady cash flow and flexibility to adjust rents over time. Long-term ownership and stable tenants have kept rents below market, creating a prime opportunity to increase income and add value. Centrally located just minutes from USC, Koreatown, Downtown LA, the 10 & 110 freeways, and a variety of restaurants, shops, and schools — this property offers unmatched convenience and investment security. Whether you’re an experienced investor seeking reliable income or a buyer planning to live in one unit and rent the rest, this property presents a rare and promising opportunity in one of LA’s most desirable neighborhoods. Please do not disturb tenants. Shown by appointment only.

Listing Status:: Active
Date Added:: February 2, 2026
Data Last Updated:: February 7, 2026 at 8:17PM
Listing Office:: New Star Realty & Investment : 714-994-3377
Listing Agent:: Mili Ku : 714-625-1303
MLS ID:: PW26023591

Laundry: Inside
A/C: None
Heating: Natural Gas
Fireplace: None

Pool: None
Parking: Parking spaces: 4

General: 2

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5074007009
View: City LightsNeighborhoodView

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Mili Ku , New Star Realty & Investment

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Los Angeles Elementary

1211 S Hobart Blvd, Los Angeles, CA, 90006

Grades KG-5

0.29 miles away

Berendo Middle School

1157 S Berendo St, Los Angeles, CA, 90006

Grades 6-8

0.58 miles away

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.