1120 N Ardmore Ave, Los Angeles, CA 90029
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1120 N Ardmore Ave Los Angeles, CA 90029

$950,000 Sold Price as of 11/10/2021
  • 8 Beds
  • 0 Baths
  • 3,744 Sq.Ft.
Sold
$950,000 Sold Price as of 11/10/2021 Refinance Your Mortgage

Map preview of 1120 N Ardmore Ave, Los Angeles, CA 90029

Property Overview: 1120 N Ardmore Ave Los Angeles, CA has 8 bedrooms, -- bathrooms, 3,744 living square feet and 4,092 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Here is your opportunity to own an income-producing 5 unit multifamily investment property located in the Little Armenia District. This property still has the ability to create tremendous upside potential! Nestled between Hollywood Blvd. and Santa Monica Blvd., nearby schools and walking distance to shopping, dining, and entertaining. And minutes away from LA City Community College, Sunset Gower Studios, Children Hospital Los Angeles, CHA Hollywood Presbyterian Hospital. The seller has recently replaced the roof and updated the new stairway. This property shall be sold "as-is".

Listed by RICHARD CHOW | BRE #01934980 | Gotham Elite Properties
Last checked: 14 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
4,092
HOA Dues
$0/mo
Year built
1923
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
WS21194272
City
Los Angeles
County
Los Angeles
Time on Site
987 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Leased Units: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,104
  • Total Rent: $1,104
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $922
  • Total Rent: $922
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $922
  • Total Rent: $922
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $480
  • Total Rent: $480
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $53,616
  • Net Operating Income: $36,002
  • Gross Operating Income: $53,616
Annual Expense Breakdown
  • Total Operating Expense: $17,614
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $2,608
  • Maintenance: $13,404
  • Professional Management: $0
  • Water/Sewer: $4,743
  • Other Expenses: $1,601
  • Other Expense Description: Fire Ins

Property Details for 1120 N Ardmore Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 5537017020
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Santa Monica and Ardmore
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

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Sale History for 1120 N Ardmore Ave

Last sold for $950,000 on November 10th, 2021
  • September, 2021

  • Sep 7, 2021

    Date

    Hold

    CRMLS: WS21194272

    $975,000

    Price

  • Sep 2, 2021

    Date

    Active

    CRMLS: WS21194272

    $975,000

    Price

  • September, 2021

  • Sep 1, 2021

    Date

    Expired

    CRMLS: WS21100440

    $975,000

    Price

  • Jul 29, 2021

    Date

    Price Change

    CRMLS: WS21100440

    $975,000

    Price

  • Jul 27, 2021

    Date

    Price Change

    CRMLS: WS21100440

    $995,000

    Price

  • Jul 27, 2021

    Date

    Active

    CRMLS: WS21100440

    $990,000

    Price

  • Jun 28, 2021

    Date

    Active Under Contract

    CRMLS: WS21100440

    $990,000

    Price

  • Jun 17, 2021

    Date

    Price Change

    CRMLS: WS21100440

    $990,000

    Price

  • Jun 16, 2021

    Date

    Price Change

    CRMLS: WS21100440

    $1,058,000

    Price

  • Jun 9, 2021

    Date

    Price Change

    CRMLS: WS21100440

    $998,000

    Price

  • Jun 3, 2021

    Date

    Active

    CRMLS: WS21100440

    $1,058,000

    Price

  • May 11, 2021

    Date

    Hold

    CRMLS: WS21100440

    $1,058,000

    Price

  • May 11, 2021

    Date

    Active

    CRMLS: WS21100440

    $1,058,000

    Price

  • Listing provided courtesy of CRMLS

  • May, 2021

  • May 11, 2021

    Date

    Expired

    CRMLS: WS20204760

    $1,058,000

    Price

  • May 10, 2021

    Date

    Active

    CRMLS: WS20204760

    $1,058,000

    Price

  • Apr 7, 2021

    Date

    Active Under Contract

    CRMLS: WS20204760

    $1,058,000

    Price

  • Mar 13, 2021

    Date

    Price Change

    CRMLS: WS20204760

    $1,058,000

    Price

  • Nov 3, 2020

    Date

    Price Change

    CRMLS: WS20204760

    $1,098,800

    Price

  • Oct 3, 2020

    Date

    Active

    CRMLS: WS20204760

    $1,175,880

    Price

  • Listing provided courtesy of CRMLS

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Tax History for 1120 N Ardmore Ave

Assessed Value (2020): $110,701
Year Land Value Improved Value Assessed Value
2020 $49,099 $61,602 $110,701

Home Value Compared to the Market

This property vs the competition

1120 N Ardmore Ave sold on November 10, 2021 for 18.07% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $260.42 per/sqft which puts the price per square foot 65.51% lower than the current median sale per square foot for the city of Los Angeles.

About 1120 N Ardmore Ave

Detailed summary of property

1120 N Ardmore Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 8 bedrooms, -- bathrooms, roughly 3,744 living square feet, and sits on an approximately 4,092 square foot lot. 1120 N Ardmore Ave was first listed on ArdentRealEstateGroup.com on September 2, 2021. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 18.07% lower than the current median priced home. Local homes that are currently for sale include 235 Crandall St, 2305 W 2nd St and 800-806 Rosemont Ave. While the average home in Los Angeles, CA is selling in 94 days, 1120 N Ardmore Ave has a days on market of 4 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 1120 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 1120 N Ardmore Ave

Public county record property details
Beds
8
Baths
5
Year built
1923
Sq. Ft.
3,744
Lot Size
4,092
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
5537-017-020

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
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 1120 N Ardmore Ave

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.