1501 S Ardmore Avenue, Los Angeles, CA 90006
Local realty services provided by:ERA Excel Realty
1501 S Ardmore Avenue,Los Angeles, CA 90006
$995,000
- 4 Beds
- 4 Baths
- 4,312 sq. ft.
- Multi-family
- Active
Listed by: john bae, julie lee
Office: realtyworld group323-735-3779
MLS#:26823045
Source:CRMLS
Price summary
- Price:$995,000
- Price per sq. ft.:$230.75
About this home
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....
Contact an agent
Home facts
- Year built:1922
- Listing ID #:26823045
- Added:47 day(s) ago
- Updated:May 23, 2026 at 01:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Kitchen Description:Gas Oven
- Living area:4,312 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1922
- Building area:4,312 sq. ft.
- Lot area:0.16 Acres
- Levels:Multi Split
Finances and disclosures
- Price:$995,000
- Price per sq. ft.:$230.75
Features and amenities
- Appliances:Gas Oven
- Amenities:Ceiling Fans, Gated Community
Parking
- Parking description:Gated
New listings near 1501 S Ardmore Avenue
- New
$599,000Active2 beds 2 baths1,011 sq. ft.3961 Via Marisol #301, Los Angeles, CA 90042
MLS# PF26129004Listed by: HOUSE HUNTER L.A. - New
$459,900Active2 beds 2 baths838 sq. ft.124 Avenue 44, Los Angeles, CA 90031
MLS# RS26131728Listed by: REAL ESTATE SPECIALISTS - New
$769,000Active2 beds 2 baths1,438 sq. ft.4477 Woodman Avenue, Sherman Oaks, CA 91423
MLS# SR26133083Listed by: EQUITY UNION - Open Sat, 1 to 4pmNew
$1,999,000Active4 beds 3 baths2,355 sq. ft.4631 Norwich Avenue, Sherman Oaks, CA 91403
MLS# 26839463Listed by: COMPASS - New
$610,000Active2 beds 3 baths1,368 sq. ft.19451 Sherman Way #506, Reseda, CA 91335
MLS# 26847185Listed by: BEVERLY & COMPANY LUXURY PROPERTIES - New
$559,000Active2 beds 2 baths1,090 sq. ft.956 S Wilton Place #201, Los Angeles, CA 90019
MLS# 26849479Listed by: NEW STAR REALTY - New
$1,350,000Active7 beds 5 baths3,499 sq. ft.1518 S Hobart Boulevard, Los Angeles, CA 90006
MLS# 26849561Listed by: LANDPAC PROPERTIES - New
$1,695,000Active5 beds 5 baths2,866 sq. ft.2127 Vine Street, Los Angeles, CA 90068
MLS# 26849575Listed by: MILLER & DESATNIK REALTY CO. - New
$660,000Active2 beds 2 baths1,010 sq. ft.1026 S Oxford Avenue #302, Los Angeles, CA 90006
MLS# 26849595Listed by: NEW STAR REALTY - Open Sat, 1 to 4pmNew
$1,999,000Active4 beds 3 baths2,355 sq. ft.4631 Norwich Avenue, Sherman Oaks, CA 91403
MLS# 26839463Listed by: COMPASS