$995,000
-$155,0001501 S Ardmore Avenue, Los Angeles CA 90006
Multi-Family (4 Units)
Property type
35 days
On market
$231
Price per sqft
N/A
Garage
1922
Year built
7,052 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: John Bae DRE #02234217 323-735-3779, Realtyworld Group, Julie Lee DRE #01853045, Realtyworld Group
Listing updated: May 22, 2026 at 04:44pm.
Last checked: Jun 3, 2026 at 11:30am
Source: CRMLS #26823045
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,141 | $1,141 | $1,700 | Unfurnished |
| 2 | 1 | 1 | — | $1,231 | $1,231 | $1,800 | Unfurnished |
| 3 | 1 | 1 | — | $720 | $720 | $1,700 | Unfurnished |
| 4 | 1 | 1 | — | $1,302 | $1,302 | $1,800 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Tenant Pays: Cable Tv, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
226.4x
List Price / Annual Gross Rent
Cap Rate
3.83%
NOI / List Price
Net Operating Income: $38,096
Interior
Interior Features: Ceiling Fans
Heating: Wall Furnace
Appliances: Gas Oven
Laundry: None
Exterior
Stories Total: 2
Levels: Multi Split
Security Features: Gated Community
Pool: None
Spa: None
Garage and Parking
Parking: Gated
Garage: Detached
Parking Total: 0
Lot Information
Land Lease: No
Parcel #: 5074007009
Zoning: LAR2
Community
HOA: No
Senior Community: No
Community Features: Gated
Nearby Schools
Nearby schools around the 1501 S Ardmore Avenue, Los Angeles, CA 90006. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$796,000
Total Interest
$1,015,254
Total Payment
$1,811,254
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,218
per month
Property History for 1501 S Ardmore Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90006.
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