$1,150,000

1501 S Ardmore Avenue, Los Angeles, CA 90006

4 beds |
4 baths |
4,312 sqft

Multi-Family Home
Built in 1922
7,052sqft lot
—— car garage
$267/sqft
Listed 19 days ago

Property Description

CHANCE TO OWN A FOURPLEX INVESTMENT IN THE HEART OF LOS ANGELES. Welcome to 1501 S. Ardmore Avenue! A gated fourplex , spanning 4,312 square feet, ideally situated on a generous 7,050-square-foot corner lot between Pico and Venice Boulevards. This rare offering combines classic Los Angeles charm with significant income potential and value-add opportunities. The property features four spacious 1-bedroom, 1-bathroom units (approximately over 1,000 sf each), designed with a formal dining room, in-unit laundry hook-ups, and dedicated garage parking. The two-story layout ensures maximum privacy and comfort for all occupants. Additional highlights include a detached four-car garage and a large fenced backyard. Currently, all units are tenant-occupied, providing immediate cash flow and the flexibility to transition to market rates. Current rents are below market value, offering a savvy investor the perfect chance to increase yield and build equity. Centrally located just minutes from USC, Koreatown, and Downtown LA, the property offers easy access to the 10 and 110 freeways, as well as a vibrant array of local dining, shopping, and schools. Whether you are an experienced investor looking for a reliable asset or an owner-user planning to "house hack" by living in one unit while renting the others, this property represents a premier opportunity in one of L.A.'s high-demand neighborhoods. Zoning R2-1-HPOZ.

Listing Status:: Active
Date Added:: May 1, 2026
Data Last Updated:: May 20, 2026 at 7:16AM
Listing Office:: Realtyworld Group : 323-735-3779
Listing Agent:: John Bae : 323-735-3779
MLS ID:: 26823045

General: Ceiling Fan(s)
Appliances: Gas Oven
Laundry: None
Heating: Wall Furnace

General: None
Pool: None
Parking: GatedParking spaces: 0

General: 2

Originating MLS: CRMLS_CL
County: Los Angeles

Zoning: LAR25074007009

Source: CRMLS_CL

This listing courtesy of John Bae , Realtyworld Group

Monthly Payment

$Est. Payment

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

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