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508 North Ardmore Avenue

508 North Ardmore Avenue, Los Angeles, CA 90004
1 Units For Sale
Unit for sale at 508 N Ardmore Avenue, Los Angeles, CA 90004

$1,750,000

  • 11 Beds
  • 6 Baths
  • 4,103 ft²
508 N Ardmore Avenue, Los Angeles, CA 90004 Listing by Salar Farshchi Tabrizi

508 North Ardmore Avenue in Los Angeles, CA was first built in 1916 and is 108 years old. This has been categorized as a unknown property type. It is a single story home. There are a total of 0 rooms in the home, of which, 11 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 508 North Ardmore Avenue has 4,103 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 8,247 square feet.

Learn more about the property and building on this page. The roof of the home is made of unknown. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with unknown control joints. The quality of the control joints have been graded by the local assessor with a letter grade of unknown. The condition of the building has been evaluated as unknown. Walk into the home itself and you'll find that it is currently being cooled with unknown. As for heating, the home is utilizing unknown. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 508 North Ardmore Avenue was last sold in Sep 19, 2019 for $1,690,000. According to our calculations, that's $411.89 per sqft. Prior to that sales transaction, the property was sold for $1,425,000 in Mar 20, 2017. Current property owners are expected to pay $20,988 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 508 North Ardmore Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,776,490. To break that down further, the land itself was valued at $1,334,996. While improvements to the property were assessed at a total of $441,494. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231109
11/09/2023
Loft
-
4103 ft²
$1,899,000
bedrooms
Loft
bathrooms
-
square feet
4103 ft²
-
-
-
Max Lee
Exp Realty
20181128
11/28/2018
Studio
-
-
$1,880,000
bedrooms
Studio
bathrooms
-
$1,690,000 -10.11%
11/19/2019
Ali Hijazi

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 1916
  • Building Count: 2
  • Bedroom Count: 11
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Floor Count: 1
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,247
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 550
  • Total Building Area: 4,103
  • Building Area: 4,103
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,103
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: ARDOME HEIGHTS TRACT
  • Land Acres: 0.189
  • Legal Description 1: ARDMORE HEIGHTS LOT/SEC 115

Ownership

  • Current Owner : DALILI NADER
  • Previous Owner : MCGEE INVESTMENT LLC
  • Owner Before Previous Owner: 508 ARDMORE LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192520

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E5
  • Parcel: 5520-012-015
  • Lot: 115
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0802
  • Longitude: -118.301

    Address

  • Full Address: 508 N Ardmore Ave
  • Address - House Number: 508
  • Street Direction: N
  • Address - Street Name: Ardmore
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 2024
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,988
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 56
  • Final Value: 1,761,870
  • High Value: 2,149,303
  • Low Value: 1,374,436

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,183,000
  • First Open Lien Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Open Lien Mortgage Recording Date: Nov 19, 2019
  • First Open Lien Mortgage Loan Amount: $1,183,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,776,490
  • Assessed Land Value: $1,334,996
  • Assessed Improvements Value: $441,494

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Nov 19, 2019
  • Current Sale Transaction ID: 11707503999
  • Current Sale Price: $1,690,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 19-1262711
  • Previous Sale Recording Date: Apr 04, 2017
  • Previous Sale Contract Date: Mar 20, 2017
  • Previous Sale Amount: $1,425,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: LUTHER BURBANK SAVINGS
  • First Mortgage Transaction Date: Nov 19, 2019
  • First Mortgage Loan Amount: $1,183,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Apr 04, 2017
  • Previous Mortgage Loan Amount: $1,140,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: May 01, 2018

About Central LA



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Frequently Asked Questions

What neighborhood is 508 North Ardmore Avenue located in?
The 508 North Ardmore Avenue is a multifamily located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
How many listings are currently for sale in 508 North Ardmore Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 508 North Ardmore Avenue?
The average sales price for units in 508 North Ardmore Avenue is $1,699,999 , or $427/sqft. currently.

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