Seller's Agent in 2020
Glenda Martinez
Keller Williams Realty-Studio City
(818) 481-2592
42 Total Sales
719 N Ardmore Ave Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated Value: $4,296,958
16
Beds
12
Baths
6,983
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- New Construction
- Automatic Gate
- Open Floorplan
- STEM Academy at Bernstein High Rated A-
- City Lights View
- High Ceiling
About This Home
As of February 2020Exceptionally designed 2019 Income property. Contemporary town home style units located minutes away from Melrose Hills, Paramount Studios, Raleigh Studios, DTLA, Mid Wilshire, Larchmont. LACC plus all the new and exciting restaurants, boutiques and brand new development under construction. Due to its close proximity to freeways, transportation the demand for these contemporary income properties is on the rise.
This income property is comprised of FOUR large townhome style units. Each of the units are 4 bedrooms, 3 baths, living room, dining area, laundry area, a bedroom and bath downstairs, 2 car garages for each unit equipped with electric charging portals and extra storage space. The largest 2 units is an estimated size of 1,863 sq, ft and the other 2 are and estimated 1605 sq, ft.
Last Agent to Sell the Property
Keller Williams Realty-Studio City License #01520768 Listed on: 12/29/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $40,629
Year Built
- Built in 2019 | New Construction
Lot Details
- 8,773 Sq Ft Lot
- 1 Common Wall
- Fenced
- New Fence
- Density is up to 1 Unit/Acre
Parking
- 8 Car Garage
- 4 Open Parking Spaces
- Parking Available
- Automatic Gate
Property Views
- City Lights
- Mountain
- Neighborhood
Home Design
- Quadruplex
Interior Spaces
- 6,983 Sq Ft Home
- 2-Story Property
- Open Floorplan
- High Ceiling
- Recessed Lighting
- ENERGY STAR Qualified Windows
- ENERGY STAR Qualified Doors
Kitchen
- Dishwasher
- ENERGY STAR Qualified Appliances
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- Mirrored Closets Doors
- 12 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Gas And Electric Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
- Fire Sprinkler System
Location
- Urban Location
- Suburban Location
Utilities
- Central Heating and Cooling System
- ENERGY STAR Qualified Water Heater
Additional Features
- ENERGY STAR Qualified Equipment for Heating
- Exterior Lighting
Listing and Financial Details
- Tenant pays for all utilities, cable TV, electricity, gas, telephone, water
- Tax Lot 37
- Assessor Parcel Number 5535036006
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 5 Separate Water Meters
- Electric Expense $900
- Gardener Expense $960
- Insurance Expense $4,000
- Trash Expense $2,784
- Water Sewer Expense $1,250
- New Taxes Expense $38,687
- Operating Expense $48,521
- Net Operating Income $170,300
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 29, 2019
Closed on
Jan 27, 2020
Sold by
Calusa Developments Llc
Bought by
P Brazo Llc
Seller's Agent
Glenda Martinez
Keller Williams Realty-Studio City
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$3,095,000
Sold Price
$3,095,000
Total Days on Market
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,201,958
Avg. Annual Appreciation
5.58%
Purchase Details
Listed on
Feb 13, 2017
Closed on
Jun 28, 2017
Sold by
Block Benedicta and Alcantara Clarito D
Bought by
Calusa Developments Llc
Seller's Agent
Glenda Martinez
Keller Williams Realty-Studio City
Buyer's Agent
Glenda Martinez
Pinnacle Estate Properties, Inc.
List Price
$949,000
Sold Price
$885,000
Premium/Discount to List
-$64,000
-6.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.39%
Purchase Details
Closed on
Feb 13, 2008
Sold by
Block Benedicta and Alcantara Clarito D
Bought by
Block Benedicta and Alcantara Clarito D
Purchase Details
Closed on
Jul 1, 2004
Sold by
Travanichkul Somchart
Bought by
Block Benedicta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
1.25%
Mortgage Type
Commercial
Purchase Details
Closed on
May 1, 2002
Sold by
Travanichkul Jittra
Bought by
Travanichkul Somchart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
8.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 25, 2002
Sold by
Wong Angela C and Hing Abe
Bought by
Travanichkul Somchart
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,250
Interest Rate
8.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 2, 2001
Sold by
Wong Angela C and Hing Abe
Bought by
Wong Angela C and Hing Abe
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| P Brazo Llc | $3,095,000 | Priority Title Company | |
| Calusa Developments Llc | $885,000 | Priority Title Company | |
| Block Benedicta | -- | Ticor Title Co Glendale | |
| Block Benedicta | $565,000 | Old Republic Title Company | |
| Travanichkul Somchart | -- | -- | |
| Travanichkul Somchart | $280,000 | Investors Title Company | |
| Wong Angela C | -- | Investors Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Calusa Development Llc | $0 | |
| Previous Owner | Block Benedicta C | $185,000 | |
| Previous Owner | Block Benedicta | $71,000 | |
| Previous Owner | Block Benedicta | $452,000 | |
| Previous Owner | Travanichkul Somchart | $212,250 | |
| Closed | Travanichkul Somchart | $70,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2020 02/06/20 | Sold | $3,095,000 | 0.0% | $443 / Sq Ft |
| 01/12/2020 01/12/20 | Pending | -- | -- | -- |
| 12/29/2019 12/29/19 | For Sale | $3,095,000 | +249.7% | $443 / Sq Ft |
| 07/19/2017 07/19/17 | Sold | $885,000 | -6.7% | $427 / Sq Ft |
| 06/26/2017 06/26/17 | Pending | -- | -- | -- |
| 02/13/2017 02/13/17 | For Sale | $949,000 | -- | $457 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $40,629 | $3,384,831 | $2,187,291 | $1,197,540 |
| 2024 | $40,629 | $3,318,462 | $2,144,403 | $1,174,059 |
| 2023 | $39,843 | $3,253,395 | $2,102,356 | $1,151,039 |
| 2022 | $37,991 | $3,189,604 | $2,061,134 | $1,128,470 |
| 2021 | $37,232 | $3,127,064 | $2,020,720 | $1,106,344 |
| 2020 | $11,530 | $920,754 | $712,674 | $208,080 |
| 2019 | $11,081 | $902,700 | $698,700 | $204,000 |
| 2018 | $10,905 | $885,000 | $685,000 | $200,000 |
| 2016 | $8,135 | $665,277 | $547,533 | $117,744 |
| 2015 | $8,017 | $655,285 | $539,309 | $115,976 |
| 2014 | $8,060 | $642,450 | $528,745 | $113,705 |
Source: Public Records
Agents Affiliated with this Home
-
Glenda Martinez
-
Rick Cheng
Buyer's Agent in 2020
Rick Cheng
Coldwell Banker Realty
(626) 315-1771
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR19286506
APN: 5535-036-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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