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 rar
MLS #
CRPW26023591
MLS Source
California Regional MLS
Days on Site
2
Appliances
Other
Cooling
None
Heating
Gas
Pool
None
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
Listing Agent
Mili Ku
New Star Realty & Investment
License #: 02185863
Phone: (714) 625-1303
Co-Listing Agent
Nam Jun Kim
New Star Realty
License #: 02222172
Phone: (213) 385-4989
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
1501 S Ardmore is a Residential Income in Los Angeles, CA 90006. This – square foot property sits on a 7,052 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,469,000 and was built in 1922. This address can also be written as 1501 S Ardmore, Los Angeles, CA 90006.
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This listing information is up-to-date as of February 03, 2026. For the most current information, please contact Mili Ku, (714) 625-1303