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304 S Ardmore Ave, Los Angeles, CA 90020
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304 S Ardmore Ave Los Angeles, CA 90020

$1,010,000 Sold Price as of 08/07/2019
  • -- Beds
  • -- Baths
  • 1,320 Sq.Ft.
Sold
$1,010,000 Sold Price as of 08/07/2019 Refinance Your Mortgage
Map preview of 304 S Ardmore Ave, Los Angeles, CA 90020

Property Overview: 304 S Ardmore Ave Los Angeles, CA has -- bedrooms, -- bathrooms, 1,320 living square feet and 9,198 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The property is located in the Wilshire Center - Koreatown neighborhood (South East corner of 3rd Street and Ardmore Avenue). Existing Coin-operated car wash under the current ownership for over 20 years. Owner wants to retire. Based on a NNN rental income, 4.8% CAP at asking price. Car Wash operation is also for sale asking $200,000.

Listed by RICHARD HAN | BRE #01040292 | SUN PROPERTIES
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 36

Home details

Lot Sq. Ft
9,198
HOA Dues
$0/mo
Year built
1973
Garage
--
Property Type:
Retail
Status
Sold
MLS#
WS19012325
City
Los Angeles
County
Los Angeles
Time on Site
1212 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $120,000
  • Net Operating Income: $120,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0

Property Details for 304 S Ardmore Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Level with Street
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 5502001010
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Water Available
Location / Neighborhood
Location Information
  • Directions: SE Corner of West 3rd Street and Ardmore Avenue
View more facts & features

Local Los Angeles Agent

Sale History for 304 S Ardmore Ave

Last sold for $1,010,000 on August 7th, 2019

  • August, 2019

  • Aug 8, 2019

    Date

    Sold

    CRMLS: WS19012325

    $1,010,000

    Price

  • Feb 22, 2019

    Date

    Pending

    CRMLS: WS19012325

    $2,500,000

    Price

  • Jan 16, 2019

    Date

    Active

    CRMLS: WS19012325

    $2,500,000

    Price

  • August, 2019

  • Aug 7, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,010,000

    Price

  • August, 1995

  • Aug 11, 1995

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 304 S Ardmore Ave

Assessed Value (2020): $1,010,000
Year Land Value Improved Value Assessed Value
2020 $950,000 $60,000 $1,010,000

Home Value Compared to the Market

This property vs the competition

304 S Ardmore Ave sold on August 7, 2019 for 110.08% higher 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 $1893.94 per/sqft which puts the price per square foot 150.85% higher than the current median sale per square foot for the city of Los Angeles.

About 304 S Ardmore Ave

Detailed summary of property

304 S Ardmore Ave is a retail that recently sold in Los Angeles, CA 90020. This retail property offered -- bedrooms, -- bathrooms, roughly 1,320 living square feet, and sits on an approximately 9,198 square foot lot. 304 S Ardmore Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,010,000. 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 110.08% higher than the current median priced home. Local homes that are currently for sale include 2401 E Washington Blvd, 6176 Atlantic Ave and 12814 Whittier Blvd.. While the average home in Los Angeles, CA is selling in 94 days, 304 S Ardmore Ave has a days on market of 36 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 304 S Ardmore Ave Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 304 S Ardmore Ave

Public county record property details
Beds
--
Baths
--
Year built
1973
Sq. Ft.
1,320
Lot Size
9,197
Stories
1
Type
Auto Repair (& Related), Garage
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5502-001-010

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$653
Median Sold Price
$520,000
Median Sold Price/Sq.Ft.
$702
Total Inventory
54
Median Sale to List Price %
104%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (0%), VA (0%), Cash (9.09%), Other (18.18%)

Thinking of Selling?

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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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