843 South Ardmore Avenue

Los Angeles, CA 90005

$4,200,000
Price
5
Beds
20
Baths
13,095 Sq. Ft.
$321 / Sq. Ft.
13,095
Sq. Ft.
$321
per Sq. Ft.

Description

Walking distance to Wilshire for the tenant. This is a great no frills “newer” building, just south of Wilshire. Solid rental area. Great potential for increased rents. Well maintained unit with subterranean parking for tenants. Elevator to all floors. Center hallway plan. 16 parking spaces. Leased laundry machines on each floor. Each unit has its own hot water heater. AT&T entry system. Property is serviced with Spectrum for internet. Wall unit heating and Air conditioning.Walking distance to Wilshire for the tenant. This is a great no frills “newer” building, just south of Wilshire. Solid rental area. Great potential for increased rents. Well maintained unit with subterranean parking for tenants. Elevator to all floors. Center hallway plan. 16 parking spaces. Leased laundry machines on each floor. Each unit has its own hot water heater. AT&T entry system. Property is serviced with Spectrum for internet. Wall unit heating and Air conditioning.
  1. Listed by Brian Hatkoff • DRE #00644374 • Brokerage DRE #00644374 • Hatkoff Investments • 818-571-6554
  2. Listed by Archie Aiello • DRE #01002919 • Brokerage DRE #01002919 • Aiello & Associates

Property Details for 843 South Ardmore Avenue

Parking Spaces Total
16
Private Pool
No
Cooling Type
Wall/Window
Total Units
15.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
13095
Assessor Parcel Number
5093-024-019
LISTING UPDATED: 09/16/2024 03:28 AM

Property Details for 843 South Ardmore Avenue

StatusActive
MLS #SR24192209
Days on Market60
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
CountyLos Angeles County

Building Information for 843 South Ardmore Avenue

Building/Complex843 S Ardmore AveFloor-Stories2Residences-Pet Policy-Year Built1989Building Size-

Property Information for 843 South Ardmore Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $338,682
  • Gross Scheduled Income: $338,682
  • Net Operating Income: $211,983
Expense Details
  • Operating Expense: $116,539
  • Gardener Expense: $1,800
  • Fuel Expense: $0
  • Licenses Expense: $350
  • Pest Control Expense: $1,330
  • Electric Expense: $16,500
  • Insurance Expense: $11,464
  • Maintenance Expense: $20,000
  • Professional Management Expense: $0
  • Trash Expense: $9,818
  • Water Sewer Expense: $0
  • Total Expenses: $116,539
Tax / Assessment Info
  • Tax Tract Number: 019
  • Tax Census Tract: 2124.20
  • CFD/Mello-Roos Fee: $1,740
  • Tax Lot: 261
Community / Development
Community / Development
  • Community Features: Urban
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 15
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 16
  • Parking Garage Spaces: 16
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 9
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,747
  • Unit Type Total Rent: $15,720
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,714
  • Unit Type Total Rent: $1,714
  • Unit Type Pro Forma: 2300
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,160
  • Unit Type Total Rent: $10,796
  • Unit Type Pro Forma: 2450
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 15
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 16
  • Number Of Separate Gas Meters: 16
  • Number Of Separate Water Meters: 0
  • Number Wall AC: 15

Property History for 843 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 843 South Ardmore Avenue

Taxable ValueLand$2,910,358Additions$1,178,281Total$4,088,639
Tax Record2024$50,788 ($4,232 / month)
Home Facts
Total Finished SqFt13,095 SqFtAbove Grade Finished SqFt13,095 SqFtStories2Lot Size6,762 SqFtStyleMulti-Family Res (5+ Units)Year Built1989ZoningLAR4CountyLOS ANGELESAPN5093-024-019

Schools near 843 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 - 6 to 8
Public - 9 to 12
Rating
School
Distance
Hobart Boulevard Elementary School
PublicK to 5

Young Oak Kim Academy
Public6 to 8

Berendo Middle School
Public6 to 8

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.

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843 South Ardmore Avenue is a multi-family home for sale in Los Angeles, CA 90005. This property was listed for sale on September 16, 2024 by Hatkoff Investments, it's currently listed at $4,200,000. It has been on the market for a total of 60 days and was last sold on September 12, 2014. This listing's school district is Los Angeles Unified School District. Nearby schools include Hobart Boulevard Elementary School, Young Oak Kim Academy and Berendo Middle School. 843 South Ardmore Avenue is a 5-bed, 20-bath, 13,095 sqft multi-family home built in 1989.

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 Hatkoff Investments, Brian Hatkoff, DRE #00644374; Aiello & Associates, Archie Aiello, DRE #01002919

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.