NOT LISTED FOR SALE

1147 S Ardmore Ave Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $1,399,000 - $1,755,867

3 Beds
2 Baths
1,911 Sq Ft
$836/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $1,030,000 $539 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,031/month

2 Days on Market

About This Home

As of May 2022

Wondrful Investment opportunity R3 zoned duplex for Owner/Investor looking to occupy and possibly add an ADU or develop into new mulitple units or other. Located in a hot area on an upcoming street where many units have been and are currently being developed. Will be delivered completely empty by C.O.E. All cash-offers only. "AS-IS" SALE. Please read private remarks regarding showing instructions. Call L/A for any additional information.

Last Agent to Sell the Property

Ernie Gomez

Beach Cities Properties, Inc. License #01923751 Listed on: 05/04/2022

Last Buyer's Agent

Ernie Gomez

Beach Cities Properties, Inc. License #01923751 Listed on: 05/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,974

Year Built

  • Built in 1911

Lot Details

  • 5,906 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,911 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Laundry Room
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 11 / 37
  • Tax Tract Number 213
  • Assessor Parcel Number 5080029011
  • $380 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,974

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Price Per Unit: 500000
  • Property Attached: No
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5080029011
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 538.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5906.00
  • Lot Size Acres: 0.1356

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 5906.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 37
  • Tax Census Tract: 2132.02
  • Tax Lot: 11
  • Tax Tract Number: 213...
  • TaxOtherAnnualAssessmentAmount: 380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2023
Sold by
E And L Inc
Bought by
Ma Eugene
Current Estimated Value
$1,598,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,000
Outstanding Balance
$918,091
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$680,376

Purchase Details

Closed on
May 25, 2023
Sold by
Ma Joanne
Bought by
Ma Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,000
Outstanding Balance
$918,091
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$680,376

Purchase Details

Closed on
Nov 23, 2022
Sold by
Kang Jong Hwa
Bought by
E And L Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2022
Sold by
P & H Inc
Bought by
Kang Jong Hwa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2022
Closed on
May 10, 2022
Sold by
Reynoso Family Trust
Bought by
P & H Inc
Seller's Agent
Ernie Gomez
Beach Cities Properties, Inc.
Buyer's Agent
Ernie Gomez
Beach Cities Properties, Inc.
List Price
$999,999
Sold Price
$1,030,000
Premium/Discount to List
$30,001
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$927,000
Interest Rate
5.1%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 12, 2017
Sold by
Reynoso Raul F and Reynoso Betha V
Bought by
Reynoso Raul F and Reynoso Bertha V

Purchase Details

Closed on
Apr 5, 2017
Sold by
Reynoso Raul
Bought by
Reynoso Raul F and Reynoso Bertha V
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
Ma Eugene $1,600,000 Ticor Title
Ma Eugene -- Ticor Title Company
E And L Inc -- None Listed On Document
Kang Jong Hwa $1,400,000 Chicago Title Company
P & H Inc $1,030,000 Chicago Title
Reynoso Raul F -- None Available
Reynoso Raul F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Eugene $938,000
Previous Owner Kang Jong Hwa $1,000,000
Previous Owner P & H Inc $927,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $1,030,000 +3.0% $539 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $999,999 -- $523 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $19,974 $1,664,640 $1,248,480 $416,160
2024 $19,974 $1,632,000 $1,224,000 $408,000
2023 $17,190 $1,400,000 $1,120,000 $280,000
2022 $826 $43,831 $29,081 $14,750
2021 $802 $42,972 $28,511 $14,461
2020 $803 $42,532 $28,219 $14,313
2019 $785 $41,699 $27,666 $14,033
2018 $654 $40,882 $27,124 $13,758
2016 $605 $39,297 $26,072 $13,225
2015 $598 $38,708 $25,681 $13,027
2014 $615 $37,950 $25,178 $12,772
Source: Public Records

Agents Affiliated with this Home

  • Ernie Gomez

    Seller's Agent in 2022

    Ernie Gomez

    Beach Cities Properties, Inc.

    (562) 938-7653

    1 in this area

    19 Total Sales

    Ernie Gomez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22093213

California Regional Multiple Listing Service (CRMLS)

APN: 5080-029-011

California Los Angeles County Los Angeles 90006 Harvard Heights

1147 S Ardmore Ave, Los Angeles, CA

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