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207 S Ardmore Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 4 bed, 4 bath

207 S Ardmore Avenue, Los Angeles, California 90004 home-pic-0
ACTIVE$1,650,000
207 S Ardmore Avenue, Los Angeles, California 90004
4Beds
4Baths
3,223Sqft
8,005Lot
Year Built
1910
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$512
HOA
-
Days on market
-
Sold On
-
MLS number
25494373
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 45% below the list price. We found 4 Cons,5 Pros. Rank: price - $1.65M(37th), sqft - 3223(73th), beds - 4(56th), baths - 4(60th).

Historic Craftsman Charm with Modern Potential. Don't let your eyes fool youthis Historic Craftsman home, built in 1910 and located Hancock Park Adjacent, is brimming with potential and ready for renovation. Set on an expansive 8,000 sq ft lot, this spacious single-family residence offers an open canvas that's perfect for an interior designer's vision. With a bonus office, sunroom, and a huge backyard boasting ample space for an ADU, the possibilities are endless. Recent updates include:New Electrical Panel: Enhancing safety and reliability. New Copper Plumbing: Providing modern efficiency and durability. Roof & Solar Panels: Featuring a roof installed in 2019 and fully paid-for solar panels, adding significant energy savings. With its solid bones and generous proportions, this property can be reconfigured to create a beautiful and perfect living situation tailored to your lifestyle. Whether you're looking to restore its historic character or completely reimagine the space, this home presents a rare opportunity to invest in a property that combines timeless appeal with modern upgrades and future expansion options. Schedule a tour today and explore the endless possibilities of this unique, renovation-ready residence! Note: If current ownership remodels the property, it will be relisted at approximately $2,20,000 upon completion.

Price History

Date
Event
Price
12/31/24
Sold
$1,034,000
Condition Rating
Fair
Built in 1910, this property's interior, including the kitchen and bathrooms, is highly dated and requires a full renovation, as explicitly stated in the listing ('ready for renovation,' 'open canvas'). The single interior image confirms very old finishes, flooring, and light fixtures. However, the property benefits from significant recent infrastructure updates, including a new electrical panel, new copper plumbing, a roof installed in 2019, and fully paid-for solar panels. These updates to major systems, along with 'solid bones,' prevent it from being classified as 'Poor' or 'Tear-down,' despite the extensive cosmetic work needed throughout the living spaces.
Pros & Cons

Pros

Historic Craftsman Appeal: Retains original 1910 Craftsman charm, offering unique architectural character and appeal to buyers seeking historical aesthetics.
Key Infrastructure Upgrades: Benefits from recent and significant updates including a new electrical panel, copper plumbing, a 2019 roof, and fully paid-for solar panels, reducing immediate major capital expenditures.
High Renovation & Customization Potential: Presented as an 'open canvas' ideal for a designer, allowing for complete customization and reconfiguration to suit a buyer's specific lifestyle and vision.
Expansion Opportunities & Large Lot: Features an expansive 8,000 sq ft lot with ample space for an Accessory Dwelling Unit (ADU), a bonus office, and a sunroom, providing significant future value and utility.
Prime Hancock Park Adjacent Location: Situated in a highly desirable and prestigious 'Hancock Park Adjacent' area, offering strong location-based value and appreciation potential.

Cons

Recently Sold Property: The property was recently sold within the past year on 2024-12-31. The sold price is $1,034,000.00.
Extensive Renovation Required: The property is explicitly marketed as 'renovation-ready,' indicating a need for substantial interior and cosmetic upgrades, requiring significant additional investment and project management from the buyer.
Significant Discrepancy in Estimated Value: The current list price of $1.65M is significantly higher than the estimated property value of approximately $898K, which may create challenges with buyer perception, appraisal, and financing.
Lack of Modern Interior Amenities: As a renovation project, the property likely lacks contemporary interior finishes and essential modern amenities such as central air conditioning, which are expected in this price range and climate.

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