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1045 North Ardmore Avenue

1045 North Ardmore Avenue, Los Angeles, CA 90029
Property in East Hollywood
Sold Feb 10, 2021
$2,125,000
$2,995,000 by Southland Credit Union
Mortgage Due Aug 01, 2032
Local assessors in Los Angeles, CA have categorized 1045 North Ardmore Avenue as a residential type of property. The home was built in 1963 and is 61 years old. The property's lot size has been calculated to be 9,022 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 14 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 14 full bathrooms. There are also 14 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1045 North Ardmore Avenue has a total of 9,940 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The property was last sold in Dec 22, 2020 for $2,125,000. That's $213.78 per sqft. 1045 North Ardmore Avenue was last assessed in 2023. The total value of the property was assessed at $2,210,850. Specifically, the land the property is located on was valued at $1,352,520. While improvements on the property were assessed at a total of $858,330. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $26,780. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Bedroom Count: 14
  • Bathroom Count: 14
  • Full Bathrooms: 14
  • Partial Bathrooms: 14
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 11
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,022
  • Total Building Area: 9,940
  • Gross Building Area: 9,940
  • Building Area: 9,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEUMANN TRACT
  • Land Acres: 0.207
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: NEUMAN TRACT LOT/SEC 25

Ownership

  • Current Owner : LA TENANTS IN COMMON DEVELOPERS LLC
  • Current Owner 2: SELBY CAPITAL LLC
  • Previous Owner : SMJ MU INVESTMENTS LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 191620

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E4
  • Parcel: 5537-019-028
  • Lot: 25
  • Municipality: EAST /LA ECHO PARK
  • Latitude: 34.0898
  • Longitude: -118.302

    Address

  • Full Address: 1045 N Ardmore Ave
  • Address - House Number: 1045
  • Street Direction: N
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 2456
  • Zip Code: 90029

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,780
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 55
  • Final Value: 2,083,720
  • High Value: 2,543,172
  • Low Value: 1,624,267

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,995,000
  • First Open Lien Mortgage Lender: SOUTHLAND CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 03, 2022
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $2,995,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,210,850
  • Assessed Land Value: $1,352,520
  • Assessed Improvements Value: $858,330

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Transaction ID: 11816478161
  • Current Sale Price: $2,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0234791

    Last Sale Mortgage

  • First Mortgage Lender: CONVENTUS LLC
  • First Mortgage Transaction Date: Feb 10, 2021
  • First Mortgage Loan Amount: $1,753,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Central LA



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Frequently Asked Questions

What neighborhood is 1045 North Ardmore Avenue located in?
The 1045 North Ardmore Avenue is a located in the neighborhood of East Hollywood in Central LA, Los Angeles.
What is the average sales price for listings in 1045 North Ardmore Avenue?
The average sales price for units in 1045 North Ardmore Avenue is $0 currently.

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