955 S Ardmore Avenue, Los Angeles, California 90006, Los Angeles, 90006 - 3 bed, 2 bath
ACTIVE$1,248,000
955 S Ardmore Avenue, Los Angeles, California 90006
3Beds
2Baths
1,199Sqft
5,907Lot
Year Built
1913
Close
-
List price
$1.25M
Original List price
$1.3M
Price/Sqft
$1,041
HOA
-
Days on market
-
Sold On
-
MLS number
25520367
Home ConditionPoor
Features
Good View: City Lights
Patio
ViewCity Lights
About this home
We found 3 Cons,5 Pros. Rank: price - $1.25M(90th), sqft - 1199(10th), beds - 3(40th), baths - 2(50th).
Single house with existing large 800sf covered garage for potential ADU. R4 zoning for potential to many options such as 4 Unit, 29 or 58 unit condos or apartment building. Neighboring property at 953 S Ardmore can be purchased together. Lots of potential. Needs TLC. Come see it before it's gone.
Price History
Date
Event
Price
10/07/25
Price Change
$1,248,000-3.9%
04/02/25
Listing
$1,298,000
02/03/25
Sold
$1,060,000
10/02/17
Sold
$1,036,000
Condition Rating
Poor
Built in 1913, this property is explicitly described as 'Needs TLC.' The images confirm this, showing a very dated kitchen with worn cabinets and countertops, and an older refrigerator, with no other major appliances visible. The bathroom is extremely basic and un-updated. Interior finishes, while freshly painted, feature worn flooring and outdated light fixtures. The presence of a window AC unit suggests a lack of central HVAC. The large garage is in a dilapidated state, requiring substantial rehabilitation. Overall, the property requires significant repairs and rehabilitation to bring it to modern living standards, aligning with a 'Poor' condition.
Pros & Cons
Pros
High Development Potential: The R4 zoning designation offers significant development opportunities, allowing for the construction of 4 units, or potentially 29 to 58 unit condos or apartment buildings, making it highly attractive to investors and developers.
ADU Conversion Opportunity: An existing large 800 sqft covered garage presents a strong potential for conversion into an Accessory Dwelling Unit (ADU), which can provide additional rental income or expanded living space.
Prime Urban Location: Located in Los Angeles, specifically the desirable Mid-Wilshire area, offering excellent access to city amenities, employment centers, and a strong rental market.
City Lights View: The property features a 'City Lights' view, which enhances its aesthetic appeal and can contribute to its overall market value.
Adjacent Property Acquisition Potential: The option to purchase the neighboring property at 953 S Ardmore together provides a unique opportunity to assemble a larger parcel, further maximizing development potential and scale.
Cons
Extensive Renovation Required: The property explicitly 'Needs TLC' (Tender Loving Care), indicating that significant renovation, repairs, and modernization will be required, incurring substantial additional costs for the buyer.
Advanced Age of Structure: Built in 1913, the existing single-family home is over a century old, suggesting potential for outdated infrastructure, systems (plumbing, electrical), and higher ongoing maintenance requirements.
Overpriced Relative to Market Estimation: The current list price is approximately 7% higher than the property's estimated value, which could impact its market competitiveness and deter potential buyers or investors seeking immediate value.