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1501 S Ardmore AvenueLos Angeles, CA 90006

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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.

Listed by John Bae

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License #02234217

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Realtyworld Group

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323-735-3779

Last updated May 01, 2026

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Source: CRMLS #26823045

Listing Facts

  • TypeMulti-family
  • NeighborhoodHarvard Heights
  • Bedrooms4
  • Days on Prevu1
  • Size4,312 sqft
  • Price per sqft$278

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

05/01/2026
Listed by Realtyworld Group
$1,200,000

Property Details for 1501 S Ardmore Avenue

Association

Amenities

  • Community Features: Gated

Exterior

Construction

  • Number Of Units Total: 4
  • Stories Total: 2
  • Year Built: 1922

Measurements

  • Building Area Total: 4,312
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,052
  • Lot Size Square Feet: 7,052
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Gross Income: $4,394.00

Taxes

  • Parcel Number: 5074007009

Interior

Features

  • Appliances: Gas Oven
  • Interior Features: Ceiling Fan(s)

Measurements

  • Living Area: 4,312

Rooms

  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4

Parking

Parking

  • Parking Features: Gated

Utilities

Equipment

  • Heating: Wall Furnace
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 4 bedrooms in this multi-family home at 1501 S Ardmore Avenue.

How does 1501 S Ardmore Avenue compare to other multi-family homes in Harvard Heights?

This multi-family home is listed 9% below the average price for multi-family homes in Harvard Heights and has been on the market for 118 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,312 sqft.

1501 S Ardmore Avenue is a 4-bedroom multi-family home for sale in Los Angeles CA 90006. Listed on Prevu for 1 days at $1,200,000. This home features 4,312 square feet of living space, located in Harvard Heights. The median listing price for multi-family homes in this area is $1,349,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.