NOT LISTED FOR SALE

261 S Ardmore Ave Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,406,341 - $1,755,000

4 Beds
2 Baths
2,076 Sq Ft
$754/Sq Ft Est. Value

Last Sold November 27, 2018

Last sale price $1,100,000 $530 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,540/month

157 Days on Market

Highlights

  • Two Primary Bedrooms
  • Craftsman Architecture
  • Wood Flooring
  • City Lights View
  • Family Room with Fireplace
  • No HOA

About This Home

As of November 2018

HUGE PRICE REDUCTION ! A real Gem in very desirable & sought-after area. House w/ plenty of character, old world charm, which is now rare to find in this modern world of ours! Move in condition! Built with "materiales fuertes" as they called it during those times, only the finest & strongest materials used. 4 beds (2 spacious, can be master bedrooms), & 2 baths, hardwood floor, crown moldings, old world panelling, built-in cabinets, high ceiling, ample windows to let the breeze & sunshine in, cozy! Covered front porch big enough to hold a party! Open floor plan. Exterior painted 2 yrs ago & 2 yr old roof . Big lot plenty of room to expand. Many fruit bearing trees! One car garage w/ built in cabinets. Laundry rm in bright, spacious basement. Huge potential to make this property a commercial. A stone's throw to trendy & progressive 3rd St. Walking distance to shops, restos, groceries, public transp, schools, places of worship. Just waiting for you to call it your HOME. MAKE OFFER

Last Agent to Sell the Property

Rosemarie Mejia

Choice 100 Realty, Inc. License #01147862 Listed on: 05/13/2018

Last Buyer's Agent

Pravin Patel

Amberwood Real Estate License #00912188

Amberwood Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,208

Year Built

  • Built in 1914

Lot Details

  • 7,996 Sq Ft Lot
  • Property is zoned LAR1

Property Views

  • City Lights
  • Woods

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,076 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Den with Fireplace
  • Breakfast Area or Nook

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5517-020-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,208

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2076
  • Stories: 2
  • Year Built: 1914
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 575.63

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Trees/Woods, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Covered Parking, Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5517-020-012
  • Geocode Override: No
  • Lot Size Area: 7996

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2020
Sold by
Kadri Sarik
Bought by
Drika Inc
Current Estimated Value
$1,565,085

Purchase Details

Listed on
May 13, 2018
Closed on
Nov 6, 2018
Sold by
Kadri Faiza
Bought by
Kadri Sarik
Seller's Agent
Rosemarie Mejia
Choice 100 Realty, Inc.
Buyer's Agent
Pravin Patel
Amberwood Real Estate
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$660,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 13, 2018
Closed on
Nov 1, 2018
Sold by
Martinez Maria Macabasco and Lipana Aflonso L
Bought by
Kadri Sarik
Seller's Agent
Rosemarie Mejia
Choice 100 Realty, Inc.
Buyer's Agent
Pravin Patel
Amberwood Real Estate
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Sold by
Martinez Maria Elena
Bought by
Martinez Miguel

Purchase Details

Closed on
Dec 31, 1996
Sold by
Icarangal Andy B
Bought by
Martinez Maria Macabasco and Lipana Alfonso L

Purchase Details

Closed on
Apr 4, 1994
Sold by
Corbett Edward Allen
Bought by
Icarangal Andy B and Icarangal Dorothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.79%

Purchase Details

Closed on
Jul 9, 1993
Sold by
Corbett Henry Lawrence
Bought by
Corbett Edward Allen and Corbett Robert E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Drika Inc $700,000 Provident Title
Kadri Sarik -- Usa National Title Company
Kadri Sarik $1,100,000 Usa National Title Company
Martinez Miguel -- Lawyers Title Company
Martinez Maria Macabasco -- Provident Title
Icarangal Andy B $170,000 Continental Lawyers Title Co
Corbett Edward Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kadri Sarik $660,000
Previous Owner Icarangal Andy B $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2018 11/27/18 Sold $1,100,000 -7.9% $530 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $1,195,000 +8.6% $576 / Sq Ft
07/31/2018 07/31/18 Off Market $1,100,000 -- --
07/07/2018 07/07/18 Price Changed $1,195,000 -7.7% $576 / Sq Ft
05/13/2018 05/13/18 For Sale $1,295,000 -- $624 / 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 $15,208 $1,257,690 $1,093,645 $164,045
2024 $15,208 $1,233,030 $1,072,201 $160,829
2023 $14,918 $1,208,854 $1,051,178 $157,676
2022 $14,231 $1,185,152 $1,030,567 $154,585
2021 $14,054 $1,161,914 $1,010,360 $151,554
2020 $13,861 $1,122,000 $897,600 $224,400
2019 $13,313 $1,100,000 $880,000 $220,000
2018 $3,264 $250,215 $200,556 $49,659
2016 $3,107 $240,501 $192,769 $47,732
2015 $3,064 $236,890 $189,874 $47,016
2014 $3,085 $232,251 $186,155 $46,096
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Rosemarie Mejia

    Choice 100 Realty, Inc.

    (323) 997-3838

    2 Total Sales

    Rosemarie Mejia
    Section Image
  • Pravin Patel

    Buyer's Agent in 2018

    Pravin Patel

    Amberwood Real Estate

    (562) 822-8406

    1 in this area

    9 Total Sales

    Pravin Patel
    Section Image
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Map

Source: The MLS

MLS Number: 18-344306

The MLS

APN: 5517-020-012

California Los Angeles County Los Angeles 90004 Koreatown

261 S Ardmore Ave, Los Angeles, CA

This home is located at 261 S Ardmore Ave, Los Angeles, CA 90004 since 13 May 2018 and is currently estimated at $1,565,085, approximately $753 per square foot. This property was built in 1914. 261 S Ardmore Ave is a home located in Los Angeles County with nearby schools including Cahuenga Elementary School, Virgil Middle School, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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