1405 Armadale Ave Los Angeles, CA 90042

$3,700,000 Sold Price as of 06/30/2016

10 Beds
10 Baths
5,280 Sq.Ft.

Off Market

$3,700,000 Sold Price as of 06/30/2016 Refinance Your Mortgage

Map preview of 1405 Armadale Ave, Los Angeles, CA 90042

Property Overview: 1405 Armadale Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 5,280 living square feet and 15,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1405 Armadale Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1405 Armadale Ave

Last sold for $3,700,000 on June 30th, 2016

January, 2024
Jan 1, 2024

Date

Expired

CRMLS: 23317931

$3,750,000

Price
Oct 5, 2023

Date

Active

CRMLS: 23317931

$3,750,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale a 10-unit apartment community located at 1405 Armadale Avenue. The subject property is located just east of Eagle Rock Boulevard between Highland Park & Eagle Rock, which are viewed as some of the most widely publicized and newly energized communities in Los Angeles. The property is located a block south of Occidental College, sandwiched between the desirable markets of Highland Park & Eagle Rock. Over the years, both of these communities have emerged as sought after markets due to the rapidly developing area. Both communities have long been perceived by investors as stable rental markets due to their proximity to Glendale, Pasadena & Downtown Los Angeles. Situated on a 15,001 square foot parcel, the property comprises entirely of individual one-bedroom bungalow style units. The property was fully renovated in 2015 and the buildings were gutted to the frame and completely redone. The entire electrical system was replaced and both plumbing and gas were redone with permits. Unit interiors include washer/dryers, upgraded kitchens with glass tiles, stainless steel appliances, and outside decks with ceramic tile. The continued gentrification of the surrounding area along with the opportunity for an investor to acquire a beautifully renovated property with stable income for the foreseeable future makes 1405 Armadale Avenue an excellent acquisition opportunity.

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June, 2016
Jun 30, 2016

Date

Sold (Public Records)

Public Records

$3,700,000

Price
December, 2014
Dec 23, 2014

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1405 Armadale Ave

Assessed Value (2020): $4,004,996

Year	Land Value	Improved Value	Assessed Value
2020	$2,814,322	$1,190,674	$4,004,996

About 1405 Armadale Ave

Detailed summary of property

1405 Armadale Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90042 and last sold on June 30, 2016 for $3,700,000. This property has 10 bedrooms, 10 bathrooms, roughly 5,280 living square feet, and sits on an approximately 15,000 square foot lot. Homes 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 230.36% higher than the current median priced home. 1405 Armadale Ave was last sold on June 30, 2016 for $3,700,000. Local nearby listings include 1180 Oneonta Dr, 1609 N Avenue 51 and 1007 N Avenue 51. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1405 Armadale Ave Los Angeles, CA 90042 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1405 Armadale Ave

Public county record property details

Beds: 10
Baths: 10
Year built: 1922
Sq. Ft.: 5,280
Lot Size: 15,000
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 10,11
APN: 5474-016-010

The source for these homes facts are from public records.

90042 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$999,000

Median List Price/Sq.Ft.

$807

Median Sold Price

$1,210,001

Median Sold Price/Sq.Ft.

$863

Total Inventory

122

Median Sale to List Price %

121.12%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (16.67%), Other (16.67%)

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(714) 706-1823

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