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951 S Ardmore Ave, Los Angeles, CA 90006
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951 S Ardmore Ave Los Angeles, CA 90006

$1,825,000
  • 20 Beds
  • 10 Baths
  • 3,888 Sq.Ft.
For Sale
$1,825,000 Get Pre-Qualified
Map preview of 951 S Ardmore Ave, Los Angeles, CA 90006

Property Overview: 951 S Ardmore Ave Los Angeles, CA has 20 bedrooms, 10 bathrooms, 3,888 living square feet and 5,906 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this exceptional opportunity to invest in a fully vacant 4plex in the heart of Koreatown/Mid-Wilshire! This newly remodeled 4 unit is ideal for investors and owner-users alike. Each unit boasts 2 bedrooms, 1 bathroom, a fully remodeled kitchen, A/C split unit, ample storage, its own gas and electric meter & luxury vinyl flooring throughout. Be greeted by an abundance of natural sunlight peering through the many dual-paned windows - keeping noise & heat out and the cool in! Rear units have either a patio or expansive balcony facing the parking with 6 covered spots and the outdoor space with persimmon trees! This is a rare opportunity to purchase one of the most valued income properties in LA having the entire building delivered VACANT! The optional RTI plans available for an ADU duplex behind the building give the possibility for additional rental income. Located just minutes away from DTLA, Metroline, 10/110 freeways, and all the wonderful things Koreatown has to offer.

Listed by Yael Davoudpour | BRE #02209569 | Compass
Co-listed by Rodney Wittbrodt | BRE #02095111 | Compass
Last checked: 14 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
5,906
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24369999
City
Los Angeles
County
Los Angeles
Time on Site
42 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.98
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 951 S Ardmore Ave

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Property Details for 951 S Ardmore Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Community
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl, Tile
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Gas Oven, Gas Cooktop
Interior Features
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Gated Community, Smoke Detector(s), Carbon Monoxide Detector(s)
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Covered, Carport, Detached Carport
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 4
  • Parcel Number: 5080031001
  • Architectural Style: Traditional
  • Foundation Details: Raised
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of W. Olympic Blvd. South of San Marino St. East of S. Kingsley Dr. West of S. Normandie Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 951 S Ardmore Ave

Last sold for $1,370,000 on June 8th, 2017

  • March, 2024

  • Mar 20, 2024

    Date

    Active

    CRMLS: 24369999

    $1,870,000

    Price

  • October, 2023

  • Oct 5, 2023

    Date

    Active

    CRMLS: 23318485

    $1,876,000

    Price

  • Dec 31, 1899

    Date

    Expired

    CRMLS: 23318485

    $1,876,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome BACK to this exceptional opportunity in the heart of Koreatown/Mid-Wilshire! This newly remodeled 4-plex is ideal for investors and owner-users alike. Each unit boasts 2 bedrooms, 1 bathroom, a fully remodeled kitchen, A/C split unit, ample storage, its own gas and electric meter & luxury vinyl flooring throughout. Be greeted by an abundance of natural sunlight peering through the many dual-paned windows - keeping noise & heat out and the cool in! Rear units have either a patio or expansive balcony facing the parking with 6 covered spots and the outdoor space with persimmon trees! This is a rare opportunity to purchase one of the most valued income properties in LA having the entire building delivered VACANT! The optional RTI plans for an ADU duplex behind the building give the possibility for additional rental income. Located just minutes away from Downtown LA, easy access to the Metroline, the 10 &110 freeways, local parks, restaurants, and markets. Do not miss the chance to own this gorgeous quadruplex in the center of all things Koreatown has to offer!

  • June, 2017

  • Jun 8, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,370,000

    Price

  • October, 2003

  • Oct 28, 2003

    Date

    Sold (Public Records)

    Public Records

    $599,000

    Price

Show More

Tax History for 951 S Ardmore Ave

Assessed Value (2020): $1,453,853
Year Land Value Improved Value Assessed Value
2020 $1,017,697 $436,156 $1,453,853

Home Value Compared to the Market

This property vs the competition

951 S Ardmore Ave is listed 48.98% higher than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $469.39 per/sqft which puts the price per square foot 39.35% lower than the median price per square foot for the city of Los Angeles.

About 951 S Ardmore Ave

Detailed summary of property

951 S Ardmore Ave is a multi family located in Los Angeles, CA 90006 and is currently for sale. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 3,888 living square feet, and sits on an approximately 5,906 square foot lot. 951 S Ardmore Ave was first listed on ArdentRealEstateGroup.com on March 21, 2024. The homeowner is currently asking $1,825,000 and was originally asking $1,870,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 48.98% higher than the median priced home. Local competing homes currently for sale include 1147 Fedora St, 1138 Fedora St and 1229 S Harvard Blvd. While the average home in Los Angeles, CA is selling in 96 days, 951 S Ardmore Ave has a days on market of 44 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 951 S Ardmore Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 951 S Ardmore Ave

Public county record property details
Beds
8
Baths
4
Year built
1960
Sq. Ft.
3,888
Lot Size
5,904
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5080-031-001

The source for these homes facts are from public records.

90006 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.
$606
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$600
Total Inventory
32
Median Sale to List Price %
98.71%
Avg Days on Market
36
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Homes for Sale Near 951 S Ardmore Ave

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Recently Sold Homes Near 951 S Ardmore Ave

960 S Kingsley Dr, Los Angeles, CA 90006
$1,330,000 Last Sold Price
9 Beds
5 Baths
-- Sq.Ft.
960 S Kingsley Dr
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3288 San Marino St, Los Angeles, CA 90006
$1,210,000 Last Sold Price
4 Beds
5 Baths
2614 Sq.Ft.
3288 San Marino St
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979 S Ardmore Ave, Los Angeles, CA 90006
$2,320,000 Last Sold Price
4 Beds
12 Baths
4850 Sq.Ft.
979 S Ardmore Ave
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3031 W Olympic, Los Angeles, CA 90006
$2,100,000 Last Sold Price
0 Beds
0 Baths
4324 Sq.Ft.
3031 W Olympic
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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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