NOT LISTED FOR SALE

Richmore Gardens Twin Towers 727 S Ardmore Ave Unit 707 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $642,000 - $872,000

2 Beds
2 Baths
1,272 Sq Ft
$409/mo HOA Fee

Last Sold December 11, 2015

Last sale price $559,000 $439 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,036/month

41 Days on Market

Highlights

  • Concierge
  • 4-minute walk to Wilshire/Normandie Station
  • In Ground Pool
  • UCLA Community School Rated A-
  • Fitness Center
  • City View

About This Home

As of December 2015

Spacious and bright 2 bedroom, 2 bath unit in prime Mid-Wilshire/Koreatown location.One block south of Wilshire Blvd, the walkability of this unit is convenient to many amenities such as restaurants, shops, public transportation, and much more. Unit features a large and spacious floor plan with upgraded wood flooring throughout, upgraded kitchen cabinets and granite counter tops, and an East facing balcony that has incredible DTLA skyline views. The master suite features a large closet and upgraded bathroom, (dual sink/vanity, new flooring, new cabinetry and granite top).The second bedroom is also a good size with a large closet, and a second upgraded full bath & laundry closet adjacent to it. Building Complex has a community pool and spa, exercise room and community garage. This unit has two parking spots (tandem).

Last Agent to Sell the Property

Greg Stangl

The Agency License #01440433 Listed on: 09/17/2015

The Agency

Co-Listed By

Thomas Ferda

Ashby & Graff License #01969662

Last Buyer's Agent

Albert Grigorian

License #01336078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,826

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

HOA Fees

  • $409 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,272 Sq Ft Home
  • Dining Area
  • City Views
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5093-025-079

Community Details

Overview

  • 74 Units
  • High-Rise Condominium

Amenities

  • Concierge

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,826

Year Built

Built in 1982

Lot Details

0

HOA Fees

$409 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Richmore Garden Towers HOA
  • Entry Floor: 7
  • Living Area: 1272
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 7
  • Year Built: 1982
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Oven-Electric, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters, Island, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 447.33

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Tennis Court Y/N: No
  • Patio: Balcony, Living Room Balcony
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage
  • Total Parking: 2

Utilities

  • Water Heater: Electric
  • Cooling: Air Conditioning, Central, Electric
  • Heating: Central, Electric
  • Security: Card/Code Access, Resident Manager, Smoke Detector

Association/Amenities

  • Amenities: Concierge, Controlled Access, Fitness Center, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 409.00

Lot Info

  • Assessor Parcel Number: 5093-025-079
  • Geocode Override: No
  • Lot Size Area: 26300

Multi Family

  • Number Of Units: 74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Oct 29, 2015
Sold by
Yi Max Bun Young
Bought by
Eguiguren Nicolas and Christy Alexandra H
Seller's Agent
Greg Stangl
The Agency
Buyer's Agent
Albert Grigorian
List Price
$569,000
Sold Price
$559,000
Premium/Discount to List
-$10,000
-1.76%
Current Estimated Value
$746,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,880
Avg. Annual Appreciation
3.00%
Original Mortgage
$447,200
Outstanding Balance
$350,785
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$396,095

Purchase Details

Listed on
Jan 3, 2012
Closed on
Feb 13, 2012
Sold by
Just Property Investment Llc
Bought by
Yi Max Bun Young
Seller's Agent
Julie Lee
I&J Properties
Buyer's Agent
Myung Shin
Mega Realty
List Price
$359,000
Sold Price
$330,000
Premium/Discount to List
-$29,000
-8.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.09%
Original Mortgage
$247,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2011
Sold by
Sung Dai Hwan
Bought by
Just Property Investment Llc and Mentor 915 Llc

Purchase Details

Closed on
Jan 18, 2005
Sold by
Byun Chiae Jessie
Bought by
Sung Dai Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1998
Sold by
Byun Chiae Jessie
Bought by
Byun Heeseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.03%

Purchase Details

Closed on
May 12, 1998
Sold by
Leung Yew Limited
Bought by
Byun Heeseo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
7.03%
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
Eguiguren Nicolas $559,000 Chicago Title Company
Yi Max Bun Young $330,003 Fidelity Van Nuys
Just Property Investment Llc $275,000 None Available
Sung Dai Hwan $440,000 Ltc
Byun Heeseo -- --
Byun Heeseo $92,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eguiguren Nicolas $447,200
Previous Owner Yi Max Bun Young $247,500
Previous Owner Sung Dai Hwan $352,000
Previous Owner Byun Heeseo $73,600
Closed Sung Dai Hwan $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/11/2015 12/11/15 Sold $559,000 -1.8% $439 / Sq Ft
10/28/2015 10/28/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $569,000 +72.4% $447 / Sq Ft
03/14/2012 03/14/12 Sold $330,000 -2.7% $259 / Sq Ft View Prior Sale
02/06/2012 02/06/12 Pending -- -- --
01/11/2012 01/11/12 Price Changed $339,000 -5.6% $267 / Sq Ft
01/03/2012 01/03/12 For Sale $359,000 -- $282 / 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 $7,826 $661,735 $477,658 $184,077
2024 $7,826 $648,761 $468,293 $180,468
2023 $7,675 $636,041 $459,111 $176,930
2022 $7,316 $623,570 $450,109 $173,461
2021 $7,219 $611,344 $441,284 $170,060
2019 $6,999 $593,214 $428,197 $165,017
2018 $6,983 $581,583 $419,801 $161,782
2016 $6,671 $559,000 $403,500 $155,500
2015 $4,120 $344,882 $190,417 $154,465
2014 $4,138 $338,127 $186,687 $151,440
Source: Public Records

Agents Affiliated with this Home

  • Greg Stangl

    Seller's Agent in 2015

    Greg Stangl

    The Agency

    (213) 327-5436

    1 in this area

    46 Total Sales

    Greg Stangl
    Section Image

  • T

    Seller Co-Listing Agent in 2015

    Thomas Ferda

    Ashby & Graff

    Section Image

  • A

    Buyer's Agent in 2015

    Albert Grigorian

  • Julie Lee

    Seller's Agent in 2012

    Julie Lee

    I&J Properties

    (213) 718-3333

    6 Total Sales

    Julie Lee
    Section Image

  • M

    Buyer's Agent in 2012

    Myung Shin

    RE/MAX

    6 Total Sales

    Myung Shin
    Section Image
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About Richmore Gardens Twin Towers

Map

Source: The MLS

MLS Number: 15-942119

The MLS

APN: 5093-025-079

California Los Angeles County Los Angeles 90005 Koreatown

727 S Ardmore Ave Unit 707, Los Angeles, CA

This home is located at 727 S Ardmore Ave Unit 707, Los Angeles, CA 90005 since 17 September 2015 and is currently estimated at $746,880, approximately $587 per square foot. This property was built in 1982. 727 S Ardmore Ave Unit 707 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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