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1004 N Ardmore Ave, Los Angeles, CA 90029
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1004 N Ardmore Ave Los Angeles, CA 90029

$1,500,000 Sold Price as of 06/22/2021
  • 12 Beds
  • 8 Baths
  • 5,270 Sq.Ft.
Sold
$1,500,000 Sold Price as of 06/22/2021 Refinance Your Mortgage
Map preview of 1004 N Ardmore Ave, Los Angeles, CA 90029

Property Overview: 1004 N Ardmore Ave Los Angeles, CA has 12 bedrooms, 8 bathrooms, 5,270 living square feet and 7,758 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.

Listed by Dario Svidler | BRE #01884474 | Compass
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 153

Home details

Lot Sq. Ft
7,758
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20669846
City
Los Angeles
County
Los Angeles
Time on Site
1338 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 4
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 9.68
  • Gross Scheduled Income: --
  • Net Operating Income: $131,040
  • Gross Operating Income: $163,800
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1004 N Ardmore Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway, Tandem Garage, Side by Side
Property Information
  • Total # of Units: 4
  • Parcel Number: 5537018024
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica Blvd. and East of 101 Freeway.
View more facts & features

Local Los Angeles Agent

Sale History for 1004 N Ardmore Ave

Last sold for $1,500,000 on June 22nd, 2021

  • June, 2021

  • Jun 23, 2021

    Date

    Sold

    CRMLS: 20669846

    $1,500,000

    Price

  • Jun 3, 2021

    Date

    Pending

    CRMLS: 20669846

    $1,415,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: 20669846

    $1,415,000

    Price

  • May 13, 2021

    Date

    Expired

    CRMLS: 20669846

    $1,415,000

    Price

  • Apr 2, 2021

    Date

    Price Change

    CRMLS: 20669846

    $1,415,000

    Price

  • Mar 11, 2021

    Date

    Active

    CRMLS: 20669846

    $1,495,000

    Price

  • Mar 11, 2021

    Date

    Active Under Contract

    CRMLS: 20669846

    $1,495,000

    Price

  • Dec 11, 2020

    Date

    Active

    CRMLS: 20669846

    $1,495,000

    Price

  • June, 2018

  • Jun 27, 2018

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2018

  • Apr 27, 2018

    Date

    Sold (Public Records)

    Public Records

    $585,000

    Price

  • April, 2018

  • Apr 20, 2018

    Date

    Expired

    CRMLS: 18309692

    $1,050,000

    Price

  • Mar 7, 2018

    Date

    Active

    CRMLS: 18309692

    $1,050,000

    Price

  • Feb 28, 2018

    Date

    Active Under Contract

    CRMLS: 18309692

    $1,050,000

    Price

  • Feb 2, 2018

    Date

    Active

    CRMLS: 18309692

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    DEVELOPERS / INVESTORS PROJECT , UPCOMING BLOCK AND NEIGHBORHOOD , MOTIVATED SELLER

  • January, 2018

  • Jan 28, 2018

    Date

    Expired

    CRMLS: SR17135367

    $1,200,000

    Price

  • Nov 16, 2017

    Date

    Price Change

    CRMLS: SR17135367

    $1,200,000

    Price

  • Jul 21, 2017

    Date

    Price Change

    CRMLS: SR17135367

    $995,000

    Price

  • Jun 15, 2017

    Date

    Active

    CRMLS: SR17135367

    $1,200,000

    Price

  • Listing provided courtesy of CRMLS

    2 buildings, 4 units priced to sell. TLC needed. Total of 9 bedrooms and 7 bathrooms.

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Tax History for 1004 N Ardmore Ave

Assessed Value (2020): $884,340
Year Land Value Improved Value Assessed Value
2020 $619,038 $265,302 $884,340

Home Value Compared to the Market

This property vs the competition

1004 N Ardmore Ave sold on June 22, 2021 for 26.34% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $268.5 per/sqft which puts the price per square foot 62.91% lower than the current median sale per square foot for the city of Los Angeles.

About 1004 N Ardmore Ave

Detailed summary of property

1004 N Ardmore Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 12 bedrooms, 8 bathrooms, roughly 5,270 living square feet, and sits on an approximately 7,758 square foot lot. 1004 N Ardmore Ave was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $1,500,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 26.34% higher than the current median priced home. Local homes that are currently for sale include 4214 Rosewood Ave, 1606 N Kingsley Dr and 1606 N Kingsley Dr. While the average home in Los Angeles, CA is selling in 106 days, 1004 N Ardmore Ave has a days on market of 153 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1004 N Ardmore Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1004 N Ardmore Ave

Public county record property details
Beds
8
Baths
5
Year built
--
Sq. Ft.
2,819
Lot Size
7,757
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
37
APN
5537-018-024

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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