NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $3,452,000

7 Beds
2 Baths
3,064 Sq Ft
$835/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $920,000 $300 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $16,673/month

101 Days on Market

Highlights

  • Property is near public transit
  • Breakfast Room
  • Views
  • Wood Flooring
  • Bathtub with Shower
  • Living Room

About This Home

As of September 2016

Investors, this property has the upside potential you have been looking for!!! ZONING: LAR3! Property Profile shows Lot size: 7501sqft. 2-story Single Family Residence . 7Bedrooms, 2Baths, 1 Fireplace, 1 car-garage. Main cross street is Melrose Ave (subject property is the 3rd parcel from the corner of Melrose and Ardmore). This location is approximately less than 3miles from Hancock Park area, 5miles to Downtown LA, 2miles to Hollywood, convenient access to US-101 fwy. Buyers and Agents to verify all property information.

Last Agent to Sell the Property

Bernadette Advincula

Keller Williams Realty License #01110296 Listed on: 05/03/2016

Keller Williams Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,490

Year Built

  • Built in 1916

Lot Details

  • 7,501 Sq Ft Lot
  • Lot Dimensions are 50x150
  • No Landscaping
  • Rectangular Lot
  • Property is zoned LAR3

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Formal Entry
  • Living Room
  • Dining Room
  • Property Views

Kitchen

  • Breakfast Room
  • Oven or Range
  • Laminate Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Driveway

Additional Features

  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5520-002-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,490

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: N/A
  • Entry Location: Ground Level w/steps
  • Living Area: 3064
  • Lot Dimensions: 50x150
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1916
  • Builders Tract Name: Ardmore Heights
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Wood
  • Appliances: Free Standing Gas
  • Bedrooms: 7
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Room, Dining Area
  • Kitchen Features: Laminate Counters
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 323.11

Exterior Features

  • Construction: Detached/No Common Walls
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Other Spaces: 5
  • Parking Garage: Driveway - Concrete, Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Phone: N/A

Lot Info

  • Assessor Parcel Number: 5520-002-030
  • Geocode Override: No
  • Lot Description: Lot Shape-Rectangular, No Landscaping
  • Lot Location: Near Public Transit
  • Lot Size Area: 7501

Rental Info

  • Land Lease Type: Fee

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2020
Sold by
Superior Occan Management Llc
Bought by
648 N Ardmore Llc
Current Estimated Value
$2,559,867

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 16, 2016
Sold by
Leung Patrick M
Bought by
Superior Ocean Management Llc
Seller's Agent
Bernadette Advincula
Keller Williams Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$990,000
Sold Price
$920,000
Premium/Discount to List
-$70,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$1,550,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 18, 2016
Sold by
Golden Supreme Investments Inc
Bought by
Gandionco Andrea Lim and Alg Irrevocable Trust
Seller's Agent
Bernadette Advincula
Keller Williams Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$990,000
Sold Price
$920,000
Premium/Discount to List
-$70,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Listed on
May 3, 2016
Closed on
Aug 15, 2016
Sold by
Gandionco Andrea Lim
Bought by
Leung Patrick M and Leung Rosa C
Seller's Agent
Bernadette Advincula
Keller Williams Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$990,000
Sold Price
$920,000
Premium/Discount to List
-$70,000
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 24, 2015
Sold by
Golden Supreme Inc
Bought by
Alg Irrevocable Trust

Purchase Details

Listed on
Jul 25, 2013
Closed on
Jan 7, 2014
Sold by
Tolentino Fernando T
Bought by
Golden Supreme Investments Inc
Seller's Agent
Enrique Caceres
Amberwood Real Estate, Inc.
Buyer's Agent
Joseph Joaquin
Stage One Mortgage and Realty
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.47%

Purchase Details

Closed on
May 9, 2005
Sold by
Tolentino Ma Lilian M
Bought by
Tolentino Fernando Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,600
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2002
Sold by
Tolentino Lillian
Bought by
Tolentino Fernando Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.75%
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
648 N Ardmore Llc $1,100,000 First American Title
Superior Ocean Management Llc -- None Available
Gandionco Andrea Lim -- Wfg Title Company
Gandionco Andrea Lim -- Chicago Title Company
Leung Patrick M $920,000 Wfg Title Company
Alg Irrevocable Trust -- None Available
Golden Supreme Investments Inc $580,000 Orange Coast Title
Tolentino Fernando Z -- --
Tolentino Fernando Z -- Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gandionco Andrea Lim $1,550,000
Previous Owner Gandionco Andrea Lim $625,500
Previous Owner Leung Patrick M $625,500
Previous Owner Tolentino Fernando Z $359,600
Previous Owner Tolentino Fernando Z $356,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $920,000 -7.1% $300 / Sq Ft
08/12/2016 08/12/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $990,000 0.0% $323 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $990,000 +70.7% $323 / Sq Ft
01/28/2014 01/28/14 Sold $580,000 -3.2% $189 / Sq Ft View Prior Sale
01/19/2014 01/19/14 Pending -- -- --
07/25/2013 07/25/13 For Sale $599,000 -- $195 / 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 $38,490 $3,252,094 $1,190,674 $2,061,420
2024 $38,490 $3,188,328 $1,167,328 $2,021,000
2023 $16,776 $1,378,440 $1,144,440 $234,000
2022 $13,539 $1,122,000 $1,020,000 $102,000
2021 $13,363 $1,100,000 $1,000,000 $100,000
2020 $12,149 $976,310 $742,845 $233,465
2019 $11,672 $957,168 $728,280 $228,888
2018 $11,548 $938,400 $714,000 $224,400
2016 $7,437 $600,609 $362,437 $238,172
2015 $7,330 $591,588 $356,993 $234,595
2014 $5,151 $405,650 $381,324 $24,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-122174

The MLS

APN: 5520-002-030