1004 North Ardmore Avenue

Los Angeles, CA 90029

$1,500,000
Last Sold Price
12
Beds
8
Baths
5,270 Sq. Ft.
$285 / Sq. Ft.
5,270
Sq. Ft.
$285
per Sq. Ft.

Description

We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked....We are proud to exclusively present for sale a four unit property comprised of two duplexes, with the possibility of adding units. Located in East Hollywood, just south of SMB & east of the 101 FWY, this property is blocks from LA City College & Metro Subway Station. 3 of 4 units will be delivered vacant, w/2 units fully gutted & ready for rehabbing & 1 unit remodeled & ready to be rented! With 5,270SF of rentable space, the front units (4+3s), once rehabbed, should rent fast. Units are stacked. Back duplex has a 2+1 fully remodeled upstairs unit, which has been left vacant for a new owner to rent out. Bottom unit is currently leased at $1,000 and is a 2+1. The new owner will have a few different plays, including doing something similar to the existing proposed plans to remodel the front duplex, possibly adding 1 or 2 detached ADUs w/o the possibility of increased parking, or consider additional units in the back, as zoning allows around 10 units by right.
  1. Listed by Dario Svidler • DRE #01884474 • Brokerage DRE #01396547 • Compass

Property Details for 1004 North Ardmore Avenue

Zoning
R3-1XL Tier 3
Parcel Number
5537018024
Total Units
4.0
Living Area
5270
Source Living Area
Other
Area
Hollywood (C20)
Vacancy Rate
75%
Lot Size Area
7758

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474

Sold By RC Brown Homes, Raymond Brown, DRE #01802799

Add your commute
LISTING UPDATED: 06/23/2021 09:49 AM

Property Details for 1004 North Ardmore Avenue

StatusSold
MLS #20-669846
Days on Market152
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1912
Lot Size0.18 AC / 7,758 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Dario Svidler, DRE #01884474

Sold By RC Brown Homes, Raymond Brown, DRE #01802799

Add your commute

Building Information for 1004 North Ardmore Avenue

Stories2Residences-Year Built1912Building Size-Lot Size0.18 AC / 7,758 SF

Payment Calculator

$9,802 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$1,616

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1004 North Ardmore Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Flat
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $163,800
  • Net Operating Income: $131,040.00
  • Gross Income: $163,800
  • Cap Rate: 8.27%
  • Gross Rent Multiplier: $9.68
  • Total Annual Expense: 32760
Land / Lot Info
Land / Lot Info
  • Alley: Yes
  • Lot Acreage: 0.1781
  • Lot Size Square Feet: 7758
  • Lot Location: City
Parking Details
Parking Details
  • Parking Garage: Driveway, Tandem, Side By Side
  • Total Parking: 6
  • Parking Features: Driveway, Tandem Garage, Side by Side
Interior Features
Interior Features
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 12-11-2020
  • Rent Control: Yes
  • Rent Control: 100
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,400.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 4
  • Unit Baths: 3
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $4,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $2,350.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $56,841.00
  • Assessed Improvement Percent: 44.45
  • Assessed Land Value: $71,039.00
  • Assessed Land Percent: 55.55
  • Assessed Total Value: $127,880.00

Property History for 1004 North Ardmore Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1004 North Ardmore Avenue

Taxable ValueLand$1,040,400Additions$520,200Total$1,560,600
Tax Record2023$19,398 ($1,616 / month)
Home Facts
Total Finished SqFt5,273 SqFtAbove Grade Finished SqFt5,273 SqFtLot Size7,758 SqFtStyleQuadraplexZoningLAR3CountyLOS ANGELESAPN5537-018-024

Schools near 1004 North Ardmore Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ramona Elementary School
PublicK to 6

Joseph Le Conte Middle School
Public6 to 8

Helen Bernstein High School
Public9 to 12

STEM Academy at Bernstein High
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Dario Svidler, DRE #01884474

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.