Link Copied
Listed price in listed location currency (USD).
$1,200,000

440

MLS® 26823045

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4312 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1922
Avg. Price Per Sqft $278
MLS® Number 26823045

Property Address: 1501 S Ardmore Ave, Los Angeles, CA, 90004

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26823045
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1922
Basement
DrivewayGated
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 2, 2026List Date
$1,200,000List Price
-End Date
Not Sold YetSold Price

For Sale

Feb 2, 2026List Date
$1,469,000List Price
  • Commute

Commute

Starting Address
Destination Address
1501 S Ardmore Ave, Los Angeles, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties