700 S Ardmore Avenue Ph1, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 3 bath
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Los Angeles, California 90005
This 3-Bedroom Penthouse represents a Strong Value Opportunity, listed at $950,000—positioned above the $906,147 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 4, featuring a Granite Kitchen and Private Balconies with expansive city views. Its rare 3-bedroom layout and side-by-side parking provide significant utility in the dense Mid-Wilshire market. This residence balances urban convenience with penthouse privacy, making it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, high-potential city residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 S Ardmore Avenue Ph1 Subject | $890,000* List Price | 3 | 3 | 1,520 | $550 | - |
A 727 S Ardmore Avenue 1002 Sold | $770,000 | 2 | 2 | 1,470 | $524 | 0.0 mi |
B 733 S Manhattan Place 604 Sold | $670,000 | 2 | 2 | 1,130 | $593 | 0.5 mi |
C 616 S Wilton Place 201 Sold | $905,000 | 3 | 3 | 1,860 | $487 | 0.7 mi |
D 727 S Ardmore Avenue 304 Active | $699,000 List Price | 2 | 2 | 1,546 | $452 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old based on the 2026 listing date. While the kitchen features granite countertops and stainless steel appliances, the finishes and systems are likely original to the build and are now dated, requiring minor updates to meet modern standards.
As a top-floor penthouse, this unit offers enhanced privacy, two private balconies, and expansive city light views, which are premium features in the Mid-Wilshire market.
The rare 3-bedroom, 3-bathroom configuration paired with side-by-side parking spaces provides significant utility and convenience for families or roommates.
Situated in the heart of Mid-Wilshire, the property boasts excellent walkability and proximity to the Metro, diverse dining, and entertainment options.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14127, other record lot size in square feet = 14063.
Built in 2005, the interior finishes like granite countertops and wood flooring may require updates to compete with the aesthetic of newer luxury condominiums in the vicinity.
The central location near major transit and commercial hubs may result in higher levels of ambient city noise and traffic congestion typical of high-density Los Angeles neighborhoods.
Top-floor penthouse offering 3 bedrooms and 3 bathrooms in the heart of Mid-Wilshire. This bright and spacious residence features an open floor plan, wood flooring, and two private balconies with city views. The kitchen offers granite countertops and stainless steel appliances. Includes two side-by-side parking spaces. Conveniently located near the Metro, shopping, dining, entertainment, and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,520 | 1,243 |
| Lot Size | 14,127 | 24,016 |
| Price | $890.0K | $805.6K |
| Price per sq ft | $586 | $659 |
| Built year | 2005 | 1981 |
| HOA | $450.0 | $684 |
| Days on market | 29 | 71 |
Jul 11, 2026
$890,000
$899,900
-1% Price Drop
Initial Listing
Jul 6, 2026
$899,900
$950,000
-5% Price Drop
Initial Listing
Jun 23, 2026
$950,000
Initial Listing
Feb 18, 2016
$710,000
Public Record