NOT LISTED FOR SALE

1004 N Ardmore Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,515,000 - $2,114,000

12 Beds
8 Baths
5,270 Sq Ft
$340/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $1,500,000 $285 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,197/month

153 Days on Market

About This Home

As of June 2021

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.

Last Agent to Sell the Property

Dario Svidler

Keller Williams Beverly Hills License #01884474 Listed on: 12/11/2020

Keller Williams Beverly Hills

Last Buyer's Agent

Raymond Brown

RC Brown Homes License #01802799

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,777

Year Built

  • Built in 1912

Lot Details

  • 7,758

Interior Spaces

  • 5,270 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Parking

  • 6 Parking Spaces
  • Side by Side Parking
  • Tandem Parking
  • Driveway

Additional Features

  • 7,758 Sq Ft Lot
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 5537-018-024

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,777

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 5270
  • Lot Acreage: 0.1781
  • Stories: 2
  • Year Built: 1912
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 268.50

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Tandem, Side By Side
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 44.45
  • Assessed Improvement Value: 56841
  • Assessed Land Percent: 55.55
  • Assessed Land Value: 71039
  • Total Assessed Value: 127880
  • Assessor Parcel Number: 5537-018-024
  • Lot Location: City
  • Lot Size Area: 7758

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.68
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 32760
  • Type Of Units: Flat
  • Vacancy Rate: 75%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Churchill Funding I Llc
Bought by
Churchill Funding I Reo Llc
Current Estimated Value
$1,794,000

Purchase Details

Closed on
Mar 21, 2024
Sold by
California To Specialists
Bought by
Churchill Funding I Llc

Purchase Details

Listed on
Dec 11, 2020
Closed on
Jun 17, 2021
Sold by
Andrews Ghanaughn
Bought by
Brown Raymond C
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Raymond Brown
RC Brown Homes
List Price
$1,415,000
Sold Price
$1,500,000
Premium/Discount to List
$85,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$1,518,750
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 11, 2020
Closed on
May 19, 2021
Sold by
Rtam Investments Llc
Bought by
Brown Raymond C
Seller's Agent
Dario Svidler
Keller Williams Beverly Hills
Buyer's Agent
Raymond Brown
RC Brown Homes
List Price
$1,415,000
Sold Price
$1,500,000
Premium/Discount to List
$85,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,518,750
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 18, 2018
Sold by
Yellowstone Investments Llc
Bought by
Rtam Invesrments Llc

Purchase Details

Closed on
Mar 1, 2018
Sold by
Russo Pablo R Nunez
Bought by
Yellowstone Investments Llc

Purchase Details

Closed on
Sep 13, 2017
Sold by
Velasquez Maria
Bought by
Russo Pablo R Nunez

Purchase Details

Closed on
Aug 24, 2017
Sold by
Nunez Russo Pablo R
Bought by
Velasquez Maria
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Churchill Funding I Reo Llc -- None Listed On Document
Churchill Funding I Llc $2,219,833 Accommodation/Courtesy Recordi
Brown Raymond C -- Progressive Title
Brown Raymond C $1,500,000 Progressive Title
Rtam Invesrments Llc -- Old Republic Title Company
Yellowstone Investments Llc $585,000 Old Republic Title Company
Russo Pablo R Nunez -- None Available
Velasquez Maria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Raymond C $1,518,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $1,500,000 +6.0% $285 / Sq Ft
06/03/2021 06/03/21 For Sale $1,415,000 -5.7% $269 / Sq Ft
05/13/2021 05/13/21 Pending -- -- --
05/12/2021 05/12/21 Off Market $1,500,000 -- --
04/02/2021 04/02/21 Price Changed $1,415,000 -5.4% $269 / Sq Ft
03/11/2021 03/11/21 For Sale $1,495,000 0.0% $284 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $1,495,000 -- $284 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $19,777 $1,754,400 $1,315,800 $438,600
2024 $19,777 $1,591,812 $1,061,208 $530,604
2023 $19,398 $1,560,600 $1,040,400 $520,200
2022 $18,502 $1,530,000 $1,020,000 $510,000
2021 $19,160 $1,576,767 $1,103,737 $473,030
2020 $13,662 $884,340 $619,038 $265,302
2019 $10,661 $867,000 $606,900 $260,100
2018 $9,928 $800,000 $500,000 $300,000
2016 $1,724 $125,374 $69,647 $55,727
2015 $1,702 $123,491 $68,601 $54,890
2014 $1,735 $121,073 $67,258 $53,815
Source: Public Records

Agents Affiliated with this Home

  • Dario Svidler

    Seller's Agent in 2021

    Dario Svidler

    Keller Williams Beverly Hills

    (424) 600-7633

    10 in this area

    54 Total Sales

    Dario Svidler
    Section Image

  • R

    Buyer's Agent in 2021

    Raymond Brown

    RC Brown Homes

    Section Image
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Map

Source: The MLS

MLS Number: 20-669846

The MLS

APN: 5537-018-024

California Los Angeles County Los Angeles 90029 East Hollywood

1004 N Ardmore Ave, Los Angeles, CA

This home is located at 1004 N Ardmore Ave, Los Angeles, CA 90029 since 11 December 2020 and is currently estimated at $1,794,000, approximately $340 per square foot. This property was built in 1912. 1004 N Ardmore Ave is a home located in Los Angeles County with nearby schools including Ramona Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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