NOT LISTED FOR SALE

Estimated Value: $1,294,500

4 Beds
2 Baths
1,432 Sq Ft
$904/Sq Ft Est. Value

Last Sold December 12, 2019

Last sale price $1,100,000 $768 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,335/month

153 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Converted Garage
  • STEM Academy at Bernstein High Rated A-
  • Den
  • 4-minute walk to Lemon Grove Recreation Center

About This Home

As of December 2019

"Looking for back-up" Rare opportunity to purchase this Single Family and the fourplex next door that are side by side and occupy a desirable corner lot. Both 908 and 900 Ardmore are two individual parcels, on separate lots, with different owners and are zoned LAR3. They CAN be purchased separately but COMBINED would yield total of 11,698sqft lot size. Each property is sold separately but being offered for sale at the same time for maximum potential. This area of East Hollywood is fast becoming the new hot spot in LA with fantastic eateries, art collectives, and design shops. There are currently 5 new developments underway a few blocks from this building and it's central to the Metro, LA City College and minutes to Griffith Park, Los Feliz, Silver Lake, and DTLA. There is no sign on property please do not disturb occupants. Inside with accepted offer. Buyer to satisfy themselves as to accuracy of LADBS zoning ordinances, rent control regulations, and City requirements.

Last Agent to Sell the Property

Ruben Rivera

Open Air Real Estate Inc. License #01331892 Listed on: 09/15/2017

Last Buyer's Agent

Daniel Lewin

Younglewin Advisors, Inc. License #01932742

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,350

Year Built

  • Built in 1920

Lot Details

  • 6,507 Sq Ft Lot
  • Gated Home
  • Property is zoned LAR3

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Den
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Carport
  • Converted Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5537-025-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,350

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: "If you build it they will come." Rare opportunity to purchase this home and the separate adjoining property both zoned LAR3 occupying a desirable corner lot for a grand total of 11,698sqft. This area of East Hollywood is fast becoming the new hot spot in LA with fantastic eateries, art collectives, and design shops. There are currently 5 new developments underway a few blocks from this home and it's central to the Metro, LA City College and minutes to Griffith Park, Los Feliz, Silver Lake, and DTLA. Property is larger than public records with a detached dwelling and parking for several cars. There is no sign on property so please do not disturb occupants. Inside with accepted offer. Buyer to satisfy themselves as to accuracy of LADBS zoning, rent control ordinances, and City building regulations.
  • Living Area: 1432
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 785.61

Exterior Features

  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5537-025-020
  • Geocode Override: No
  • Lot Size Area: 6507

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
9000 Ardmore Llc
Bought by
900 Ardmore Lc
Current Estimated Value
$1,294,500

Purchase Details

Closed on
Aug 17, 2021
Sold by
900 Ardmore Llc
Bought by
900 Ardmore Llc

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 1, 2019
Sold by
Moualem Shehadeh
Bought by
900 Ardmore Llc
Seller's Agent
Ruben Rivera
Open Air Real Estate Inc.
Buyer's Agent
Daniel Lewin
Younglewin Advisors, Inc.
List Price
$1,125,000
Sold Price
$1,100,000
Premium/Discount to List
-$25,000
-2.22%

Purchase Details

Closed on
Dec 3, 2009
Sold by
Kim Myung He
Bought by
Kim Austin D

Purchase Details

Closed on
Oct 5, 2005
Sold by
Mouallem Khalil Shehadeh and Mouallem Salwa
Bought by
Moualem Shehadeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac
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
900 Ardmore Lc -- None Available
900 Ardmore Llc -- None Available
900 Ardmore Llc $1,100,000 First American Title Company
Kim Austin D -- None Available
Moualem Shehadeh $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 900 Ardmore Llc $6,640,000
Previous Owner Moualem Shehadeh $280,000
Previous Owner Moualem Shehadeh $308,000
Previous Owner Moualem Shehadeh $428,000
Previous Owner Mouallem Khalil Shehadeh $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2019 12/12/19 Sold $1,100,000 -2.2% $768 / Sq Ft
02/15/2018 02/15/18 For Sale $1,125,000 +2.3% $786 / Sq Ft
01/10/2018 01/10/18 Off Market $1,100,000 -- --
12/01/2017 12/01/17 Price Changed $1,125,000 -2.2% $786 / Sq Ft
10/24/2017 10/24/17 Price Changed $1,150,000 -4.2% $803 / Sq Ft
09/15/2017 09/15/17 For Sale $1,200,000 -- $838 / 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
2021 $13,350 $1,111,395 $889,116 $222,279
2020 $13,487 $1,100,000 $880,000 $220,000
2019 $432 $56,210 $43,269 $12,941
2018 $746 $55,109 $42,421 $12,688
2016 $693 $52,972 $40,775 $12,197
2015 $684 $52,177 $40,163 $12,014
2014 $695 $51,156 $39,377 $11,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-270826

The MLS

APN: 5537-025-020