727 S Ardmore Avenue 1002, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
ACTIVE$799,000
727 S Ardmore Avenue 1002, Los Angeles, California 90005
2Beds
2Baths
1,470Sqft
26,266Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Penthouse Status & Panoramic Views: As a top-floor penthouse, the unit offers expansive panoramic city views from both the living space and a private balcony, enhancing its desirability and value.
Top Cons:
High Monthly Association Fee: The $700 monthly association fee is relatively high and adds a substantial recurring cost to homeownership, which may impact affordability for some buyers.
Compared to the nearby listings
Price:$799.0K vs avg $700.0K (+$99,000)71%
Size:1,470 sqft vs avg 1,254 sqft76%
Price/sqft:$544 vs avg $56041%
More Insights
Built in 1982 (43 years old).
Condition: Built in 1982, this condominium has undergone significant updates, giving it a modern and move-in ready feel. The property features contemporary hard surface flooring and recessed lighting throughout. The kitchen boasts updated stainless steel appliances, and while the wood cabinets and granite countertops are not the latest trend, they are in excellent condition and fully functional. Bathrooms also show updates with modern mirrors and lighting, complementing well-maintained vanities and granite. No immediate renovations are required, indicating a well-cared-for home with recent improvements that align with the 'Good' condition criteria.
Year Built
1982
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$544
HOA
$700
Days on market
-
Sold On
-
MLS number
25620977
Home ConditionGood
Features
Excellent View: City Lights
Deck
Pool
Spa
ViewCity Lights
About this home
Experience elevated Koreatown living in this top-floor penthouse condominium at Richmore Gardens Twin Towers. This expansive 2-bed/2-bath home is flooded with natural light through dramatic windows, offering panoramic city views from both the living space and your private balcony. The thoughtful split-bedroom layout places the primary suite on one side of the home for privacy, featuring a spacious closet, a soaking tub, and a separate walk-in shower. The second bedroom sits on the opposite side, ideal for guests or a home office. Designed with premium finishes: granite counters, recessed lighting, and hard surface flooring, the home delivers an elegant, modern feel. Building amenities include the convenience of an on-site EV charging station, a pool, spa, gym, and secured lobby access. Two assigned side-by-side parking spaces complete this standout offering. Located just south of Wilshire, you're moments from dining, cafes, markets and much more!
Price History
Date
Event
Price
01/29/99
Sold
$120,000
05/21/15
Sold
$599,000
Condition Rating
Good
Built in 1982, this condominium has undergone significant updates, giving it a modern and move-in ready feel. The property features contemporary hard surface flooring and recessed lighting throughout. The kitchen boasts updated stainless steel appliances, and while the wood cabinets and granite countertops are not the latest trend, they are in excellent condition and fully functional. Bathrooms also show updates with modern mirrors and lighting, complementing well-maintained vanities and granite. No immediate renovations are required, indicating a well-cared-for home with recent improvements that align with the 'Good' condition criteria.
Pros & Cons
Pros
Penthouse Status & Panoramic Views: As a top-floor penthouse, the unit offers expansive panoramic city views from both the living space and a private balcony, enhancing its desirability and value.
Premium Interior Finishes: The condominium features premium finishes including granite counters, recessed lighting, and hard surface flooring, contributing to an elegant and modern aesthetic.
Extensive Building Amenities: Residents benefit from a comprehensive suite of building amenities, including a pool, spa, gym, on-site EV charging station, and secured lobby access.
Prime Koreatown Location: Located just south of Wilshire in Koreatown, the property offers immediate access to a vibrant urban environment with diverse dining, cafes, markets, and other conveniences.
Functional Layout & Dedicated Parking: The thoughtful split-bedroom layout ensures privacy, and the inclusion of two assigned side-by-side parking spaces is a significant convenience in this urban setting.
Cons
High Monthly Association Fee: The $700 monthly association fee is relatively high and adds a substantial recurring cost to homeownership, which may impact affordability for some buyers.
Building Age: Built in 1982, the building's age, while potentially well-maintained, could imply older common area systems or the potential for future special assessments for major repairs or upgrades.
Absence of Central Air Conditioning Mention: The description highlights natural light but does not explicitly mention a central air conditioning system, which could be a comfort consideration for a top-floor unit in Los Angeles' climate.