NOT LISTED FOR SALE

Richmore Gardens Twin Towers 727 S Ardmore Ave Unit 505 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $640,000 - $872,000

2 Beds
2 Baths
1,281 Sq Ft
0.6 Acres

Last Sold September 30, 2013

Last sale price $410,000 $320 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,469/month

57 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to Wilshire/Normandie Station
  • City Lights View
  • UCLA Community School Rated A-
  • In Ground Pool
  • 26,300 Sq Ft lot

About This Home

As of September 2013

Back on Market! New Floor, New Paint! Heart of Koreatown 7th + Ardmore, 12 story High rise Building. 5th Floor with nice city view and Night light view. Gorgeous Granite Counter Top in Ktechen and Both Bathrooms. Good Panels, spacious Family Room. Fitness Center, pool in the building. To be Sold as-is conditions.

Last Agent to Sell the Property

Koeun Hwang

Happy Haus Inc. License #01718399 Listed on: 07/15/2013

Happy Haus Inc.

Last Buyer's Agent

Lynn Kim

Kairos Realty License #01265341

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,039

Year Built

  • Built in 1982

Lot Details

  • 0.6

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 1,281 Sq Ft Home
  • Living Room with Fireplace
  • Laminate Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-025-061

Community Details

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 72 Units
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,039

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Richmore Garden
  • Entry Floor: 5
  • Living Area: 1281
  • Planned Urban Dev: 0
  • Unit Floor In Building: 5
  • Year Built: 1982
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 2
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Washer
  • Price Per S Q F T: 327.79

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: West
  • Pool Description: Community
  • Pool: Yes
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Resident Manager, T.V.

Association/Amenities

  • Amenities: Fitness Center, Onsite Property Management, Pool
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 395.00
  • Unit Location: West

Lot Info

  • Assessor Parcel Number: 5093-025-061
  • Geocode Override: No
  • Lot Size Area: 26300

Multi Family

  • Number Of Units: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Sep 26, 2013
Sold by
Chung Chae Hng
Bought by
Jun Minkyung
Seller's Agent
Koeun Hwang
Happy Haus Inc.
Buyer's Agent
Lynn Kim
Kairos Realty
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%
Current Estimated Value
$744,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,988
Avg. Annual Appreciation
5.10%
Original Mortgage
$328,000
Outstanding Balance
$246,084
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$498,904

Purchase Details

Closed on
May 18, 2010
Sold by
Park Jeong Won
Bought by
Chung Chae Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Chong Jung Sook
Bought by
Park Jeong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,600
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2001
Sold by
Chan Hon Chuen
Bought by
Chan Doris Po Yin Wu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.14%

Purchase Details

Closed on
May 14, 2001
Sold by
Chan Doris Po Yin Wu
Bought by
Chong Jung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
7.14%
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
Jun Minkyung $410,000 Title 365
Chung Chae Hong $320,000 None Available
Park Jeong Won $487,000 Stewart Title
Chan Doris Po Yin Wu -- --
Chong Jung Sook $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jun Minkyung $328,000
Previous Owner Chung Chae Hong $160,000
Previous Owner Park Jeong Won $389,600
Previous Owner Chong Jung Sook $158,000
Closed Park Jeong Won $48,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2013 09/30/13 Sold $410,000 -2.4% $320 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $419,900 -- $328 / Sq Ft
Source: The MLS

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 $6,039 $502,592 $325,950 $176,642
2024 $6,039 $492,738 $319,559 $173,179
2023 $5,925 $483,078 $313,294 $169,784
2022 $5,650 $473,606 $307,151 $166,455
2021 $5,574 $464,321 $301,129 $163,192
2019 $5,406 $450,551 $292,199 $158,352
2018 $5,395 $441,718 $286,470 $155,248
2016 $5,153 $424,567 $275,347 $149,220
2015 $5,077 $418,191 $271,212 $146,979
2014 $5,100 $410,000 $265,900 $144,100
Source: Public Records

Agents Affiliated with this Home

  • Koeun Hwang

    Seller's Agent in 2013

    Koeun Hwang

    Happy Haus Inc.

    (213) 590-9908

    5 in this area

    55 Total Sales

    Koeun Hwang
    Section Image

  • L

    Buyer's Agent in 2013

    Lynn Kim

    Kairos Realty

    (213) 276-2670

    1 in this area

    3 Total Sales

    Lynn Kim
    Section Image
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About Richmore Gardens Twin Towers

Map

Source: The MLS

MLS Number: 13-688497

The MLS

APN: 5093-025-061

California Los Angeles County Los Angeles 90005 Koreatown

727 S Ardmore Ave Unit 505, Los Angeles, CA

This home is located at 727 S Ardmore Ave Unit 505, Los Angeles, CA 90005 since 15 July 2013 and is currently estimated at $744,988, approximately $581 per square foot. This property was built in 1982. 727 S Ardmore Ave Unit 505 is a home located in Los Angeles County with nearby schools including UCLA Community School, Hobart Boulevard Elementary School, and Rfk Community Schools-Ambassador-Global Leadership.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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