1204 South Ardmore Avenue

Los Angeles, CA 90006

$1,595,000
Price
14
Beds
8
Baths
7,340 Sq. Ft.
$217 / Sq. Ft.
7,340
Sq. Ft.
$217
per Sq. Ft.

Description

This property is also being sold with 1434 S. Orange Drive in Los Angeles and can be purchased separately or as a package. This two-story "U" shaped Spanish style apartment complex is located just west of Normandie and north of Pico Blvd. just south of the Koreatown neighborhood in the City of Los Angeles. Tenants enter through a gated entry arched doorway into a nicely landscaped courtyard. There is an electronic access panel at the front to allow tenants to buzz in their guests. The first floor...This property is also being sold with 1434 S. Orange Drive in Los Angeles and can be purchased separately or as a package. This two-story "U" shaped Spanish style apartment complex is located just west of Normandie and north of Pico Blvd. just south of the Koreatown neighborhood in the City of Los Angeles. Tenants enter through a gated entry arched doorway into a nicely landscaped courtyard. There is an electronic access panel at the front to allow tenants to buzz in their guests. The first floor tenants have front and back doors, all protected with metal gates for additional security. The units are separately metered for both gas and electricity. Some of the units have their own wall a/c units in the windows. Interiors feature hardwood floors, tile bathrooms, ceiling fans & wall heaters. There is street parking only. This property is subject to City of Los Angeles Rent Stabilization Ordinance.
  1. Listed by David Kaufman • DRE #01217537 • Brokerage DRE #01217537 • David Ballin Kaufman

Property Details for 1204 South Ardmore Avenue

Zoning
LAR4
Style
Spanish
Parcel Number
5080035023
Total Units
8.0
Living Area
7340
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
LISTING UPDATED: 11/21/2024 01:48 PM

Property Details for 1204 South Ardmore Avenue

StatusActive
MLS #24-466103
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1928
Lot Size0.14 AC / 5,906 SF
CountyLos Angeles County

Building Information for 1204 South Ardmore Avenue

Stories2Residences-Year Built1928Building Size-Lot Size0.14 AC / 5,906 SF

Property Information for 1204 South Ardmore Avenue

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 1+1, 2+1,2+2
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $151,978
  • Net Operating Income: $76,724.00
  • Gross Income: $155,079
  • Cap Rate: 4.81%
  • Gross Rent Multiplier: $10.29
  • Total Annual Expense: 75253
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1356
  • Lot Size Square Feet: 5906
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 0
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Ceiling Fan, Refrigerator, Range/Oven
  • Interior Features: Ceiling Fan(s)
  • Laundry: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 11-21-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,676.00
  • Unit Actual Rent: $3,325.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,461.00
  • Unit Actual Rent: $7,306.00
  • Unit Projected Rent: $13,965.00
  • Like Units: 5
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,250.00
  • Unit Actual Rent: $2,250.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $488,080.00
  • Assessed Improvement Percent: 74.07
  • Assessed Land Value: $170,895.00
  • Assessed Land Percent: 25.93
  • Assessed Total Value: $658,975.00

Property History for 1204 South 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 1204 South Ardmore Avenue

Taxable ValueLand$174,312Additions$497,841Total$672,153
Tax Record2024$9,279 ($773 / month)
Home Facts
Total Finished SqFt7,340 SqFtAbove Grade Finished SqFt7,340 SqFtLot Size5,904 SqFtStyleMulti-Family Res (5+ Units)Year Built1928ZoningLAR4CountyLOS ANGELESAPN5080-035-023

Schools near 1204 South Ardmore Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Los Angeles Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
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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1204 South Ardmore Avenue is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on November 21, 2024 by David Ballin Kaufman, it's currently listed at $1,595,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1204 South Ardmore Avenue is a 14-bed, 8-bath, 7,340 sqft multi-family home built in 1928.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of David Ballin Kaufman, David Kaufman, DRE #01217537

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.