NOT LISTED FOR SALE

Richmore Gardens Twin Towers 727 S Ardmore Ave Unit 703 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $769,000 - $956,000

2 Beds
2 Baths
1,617 Sq Ft
$520/Sq Ft Est. Value

Last Sold August 05, 2015

Last sale price $533,000 $330 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,099/month

7 Days on Market

Highlights

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

About This Home

As of August 2015

"Short Sale"--- The prime location in Korea town, 1 block away from subway, bus line and close to downtown. It futures very spacious floor plan with marble in entrance, large room with fire place, granite counter tops, balcony, hardwood floor and so on. Landry room in the units.

Last Agent to Sell the Property

Eric Bae

Good Members Investment License #01007260 Listed on: 10/08/2014

Last Buyer's Agent

Sandra Joo

Mega Realty License #01939183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,487

Year Built

  • Built in 1982

Lot Details

  • 0.6 Acre Lot
  • Property is zoned LAR4

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,617 Sq Ft Home
  • City Lights Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5093-025-075

Community Details

Overview

  • High-Rise Condominium

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,487

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Richmore Garden Tower
  • Entry Floor: 7
  • Living Area: 1617
  • Planned Urban Dev: 0
  • Unit Floor In Building: 7
  • Year Built: 1982
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 308.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community
  • Pool: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Pool

Condo/Co-op/Association

  • HOA Fees: 405.00

Lot Info

  • Assessor Parcel Number: 5093-025-075
  • Geocode Override: No
  • Lot Size Area: 26300

Multi Family

  • Number Of Units: 703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Jul 31, 2015
Sold by
Lee Dal Yong
Bought by
An Sol
Seller's Agent
Eric Bae
Good Members Investment
Buyer's Agent
Sandra Joo
Mega Realty
List Price
$565,000
Sold Price
$533,000
Premium/Discount to List
-$32,000
-5.66%
Current Estimated Value
$840,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,768
Avg. Annual Appreciation
4.59%
Original Mortgage
$373,000
Outstanding Balance
$303,767
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$537,001

Purchase Details

Closed on
Feb 8, 2006
Sold by
Lee Myong Hui
Bought by
Lee Dal Yong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2004
Sold by
Joo Min Sik
Bought by
Joo Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2001
Sold by
Joo Sandra
Bought by
Joo Min Sik and Joo Sandra Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.05%

Purchase Details

Closed on
Jan 25, 2000
Sold by
Joo Min Sik
Bought by
Joo Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1999
Sold by
Wu Amy T
Bought by
Joo Min Sik and Joo Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.87%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
An Sol $533,000 Priority Title
Lee Dal Yong -- First American Title Company
Lee Dal Yong $600,000 Fatcola
Joo Sandra Lee -- --
Joo Min Sik -- North American Title Co
Joo Sandra -- North American Title
Joo Min Sik $160,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Sol $373,000
Previous Owner Lee Dal Yong $60,000
Previous Owner Lee Dal Yong $480,000
Previous Owner Joo Sandra Lee $357,000
Previous Owner Joo Min Sik $130,000
Previous Owner Joo Min Sik $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2015 08/05/15 Sold $533,000 +6.8% $330 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
10/13/2014 10/13/14 Price Changed $499,000 -11.7% $309 / Sq Ft
10/08/2014 10/08/14 For Sale $565,000 -- $349 / 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 $7,487 $630,955 $421,664 $209,291
2024 $7,487 $618,585 $413,397 $205,188
2023 $7,344 $606,457 $405,292 $201,165
2022 $7,001 $594,567 $397,346 $197,221
2021 $6,906 $582,909 $389,555 $193,354
2019 $6,695 $565,621 $378,001 $187,620
2018 $6,680 $554,532 $370,590 $183,942
2016 $6,393 $533,000 $356,200 $176,800
2015 $6,639 $548,000 $365,000 $183,000
2014 -- $482,000 $321,000 $161,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Bae

    Seller's Agent in 2015

    Eric Bae

    Good Members Investment

    (323) 707-3236

    2 Total Sales

    Eric Bae
    Section Image

  • S

    Buyer's Agent in 2015

    Sandra Joo

    RE/MAX

    (213) 321-5060

    7 in this area

    23 Total Sales

    Sandra Joo
    Section Image
See All Agents

About Richmore Gardens Twin Towers

Map

Source: The MLS

MLS Number: 14-800399

The MLS

APN: 5093-025-075

California Los Angeles County Los Angeles 90005 Koreatown

727 S Ardmore Ave Unit 703, Los Angeles, CA

This home is located at 727 S Ardmore Ave Unit 703, Los Angeles, CA 90005 since 08 October 2014 and is currently estimated at $840,768, approximately $519 per square foot. This property was built in 1982. 727 S Ardmore Ave Unit 703 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes