NOT LISTED FOR SALE

700 S Ardmore Ave Unit 702 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $800,000 - $1,088,000

2 Beds
2 Baths
1,490 Sq Ft
$375/mo HOA Fee

Last Sold October 14, 2022

Last sale price $800,000 $537 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,056/month

57 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wilshire/Normandie Station
  • Open Floorplan
  • UCLA Community School Rated A-
  • City Lights View
  • Wood Flooring

About This Home

As of October 2022

This spacious and charming condo is move in ready! Upon entry is an open floor plan featuring cherry engineered wood floors, recessed lighting, crown mouldings, fireplace and granite counter tops. In addition to the second bedroom is a spacious den/office with in unit laundry closet. Den/office can easily be utilized as a 3rd bedroom. Master bedroom features a large en-suite bathroom with jetted tub and dual closets. Truly a boutique complex with only 35 units and features steel plates separating each unit to showcase a completely sound proof residence. Building is also equipped with solar panels, EV charge stations, gym and guest parking spaces. Located conveniently near the LINE hotel, the Wiltern, markets, shops, banks and endless restaurants.

Last Agent to Sell the Property

Grace Chung

C One 3 Group, Inc License #02103642 Listed on: 07/21/2022

Last Buyer's Agent

Soon Hee Lee

Landpac Properties License #01714687

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,564

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Density is 31-35 Units/Acre

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 1,490 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Convection Oven
  • Six Burner Stove
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Central Water Heater

Additional Features

  • Accessible Parking
  • Solar Heating System
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 61472
  • Assessor Parcel Number 5094003057
  • $763 per year additional tax assessments

Community Details

Overview

  • 35 Units
  • La Maison Ardmore Association
  • First Choice Realty And Management HOA

Recreation

  • Fitness Center

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,564

Year Built

Built in 2005

Lot Details

0

HOA Fees

$375 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Card/Code Access
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5094003057
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1490.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 536.91
  • Room Type: All Bedrooms Down, Bonus Room, Galley Kitchen, Kitchen, Living Room, Office
  • Bathroom Features: Bathtub, Granite Counters, Jetted Tub, Stone Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Convection Oven, Dishwasher, Microwave, Range Hood, Water Heater Central
  • Heating Type: Central, Fireplace(s), Solar
  • Laundry Features: In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: La Maison Ardmore
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: First Choice Realty and Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 31-35 Units/Acre
  • Lot Size Sq Ft: 14122.00
  • Lot Size Acres: 0.3242
  • Latitude Manual: 34.05989600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14122.0000 Square Feet
  • Number Of Units In Community: 35
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2124.10
  • Tax Lot: 1
  • Tax Tract Number: 61472
  • TaxOtherAnnualAssessmentAmount: 763.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2019
Sold by
Tsang Chun Yeung
Bought by
Tsang Jane
Current Estimated Value
$901,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$384,397
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$517,545

Purchase Details

Closed on
Dec 3, 2019
Sold by
Kim Eun Hyak and Kim Moo Ock
Bought by
Tsang Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$384,397
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$517,545

Purchase Details

Closed on
Jun 29, 2016
Sold by
Kim Eun Hyuk
Bought by
Kim Eun Hyuk and Kim Moo Ock

Purchase Details

Listed on
Mar 20, 2014
Closed on
Dec 18, 2014
Sold by
Coastland Project Llc
Bought by
Kim Eun Hyuk and Kim Moo Ock
Seller's Agent
Erica Jung
Dream Realty & Investments Inc
Buyer's Agent
Chae Chong
List Price
$678,900
Sold Price
$660,000
Premium/Discount to List
-$18,900
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.95%
Original Mortgage
$495,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tsang Jane -- Old Republic Title Company
Tsang Jane $660,000 Old Republic Title Company
Kim Eun Hyuk -- None Available
Kim Eun Hyuk $660,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsang Jane $436,000
Previous Owner Kim Eun Hyuk $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $800,000 -5.8% $537 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
09/05/2022 09/05/22 Price Changed $849,000 -3.5% $570 / Sq Ft
07/21/2022 07/21/22 For Sale $880,000 +33.3% $591 / Sq Ft
01/06/2015 01/06/15 Sold $660,000 -2.8% $402 / Sq Ft View Prior Sale
12/31/2014 12/31/14 Pending -- -- --
12/30/2014 12/30/14 For Sale $678,900 +2.9% $414 / Sq Ft
07/15/2014 07/15/14 Off Market $660,000 -- --
06/12/2014 06/12/14 For Sale $678,900 +2.9% $414 / Sq Ft
06/11/2014 06/11/14 Off Market $660,000 -- --
06/04/2014 06/04/14 Price Changed $678,900 0.0% $414 / Sq Ft
03/20/2014 03/20/14 For Sale $679,000 -- $414 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,564 $832,319 $406,692 $425,627
2024 $10,564 $816,000 $398,718 $417,282
2023 $10,373 $800,000 $390,900 $409,100
2022 $9,489 $747,462 $387,663 $359,799
2021 $9,375 $732,807 $380,062 $352,745
2020 $8,834 $725,294 $376,165 $349,129
2019 $8,480 $711,074 $368,790 $342,284
2018 $8,463 $697,132 $361,559 $335,573
2016 $8,005 $670,064 $347,520 $322,544
2015 $3,016 $244,403 $29,736 $214,667
2014 $3,033 $239,616 $29,154 $210,462
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22160533

California Regional Multiple Listing Service (CRMLS)

APN: 5094-003-057