
Los Angeles, California 90020
This Studio Condominium represents a Strong Value Opportunity, listed at $290,000—positioned well above the $272,511 Fair Market Value by -6%. While priced slightly above market, the unit features a rare Private Backyard and a Condition Rating of 3, offering a functional, move-in-ready space. Its proximity to the Wilshire/Normandie Metro Station and Koreatown’s dining corridor ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, transit-oriented urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 S Ardmore Avenue 120 Subject | $290,000* List Price | 0 | 1 | 368 | $741 | - |
A 320 S Ardmore 233 Sold | $275,000 | 1 | 1 | 378 | $728 | 0.0 mi |
B 320 S Ardmore Avenue 111 Sold | $270,000 | 0 | 1 | 378 | $714 | 0.0 mi |
C 320 S Ardmore Avenue 329 Sold | $255,000 | 0 | 1 | 368 | $693 | 0.0 mi |
D 525 S Ardmore Avenue 229 Sold | $284,000 | 0 | 1 | 371 | $765 | 0.2 mi |
E 360 S Kenmore Avenue 209 Sold | $299,000 | 0 | 1 | 454 | $659 | 0.3 mi |
F 320 S Ardmore Avenue 120 Active Under Contract | $315,000 List Price | 0 | 1 | 368 | $856 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1973, the unit has been recently upgraded with modern laminate flooring, fresh paint, and a refreshed bathroom vanity. It is move-in ready and functional, though it retains some dated features like popcorn ceilings and older-style kitchen appliances.
The inclusion of a private backyard is an exceptionally rare and highly desirable feature for a studio condo in a dense urban setting like Koreatown, providing unique lifestyle value.
Located just steps from the Wilshire/Normandie Metro Station and iconic dining hotspots, the property offers unparalleled access to public transportation and Los Angeles' vibrant nightlife.
Priced at $290,000, this upgraded unit serves as an affordable entry point into the Los Angeles market, making it an attractive option for first-time homeowners or savvy investors.
With only 368 square feet of living space, the compact studio layout may pose challenges for furniture arrangement and long-term storage, potentially limiting the buyer pool.
The majority of the immediate neighborhood's public schools are rated 3/10, which may be a concern for buyers focused on long-term educational infrastructure and resale stability.
BACK YARD SPACE! Welcome to Garden Villas, Koreatown's hidden gemperfectly situated in one of Los Angeles' most vibrant and sought-after neighborhoods. This rare, upgraded Studio, 1-bath condo offers unbeatable value and an exceptional lifestyle, just minutes from Downtown LA, Hollywood, and steps from Koreatown's best dining, nightlife, and cultural hotspots. Located one block off Normandie Avenue, enjoy living just moments from N2 Pink Noodle, Cassell's, Wacky Grill, GOKAN, The Normandie Club, Lock & Key, Mama Lion, and The Walker Inn the perfect meeting point for friends, colleagues, and clients alike. Public transportation is a breeze with the Wilshire/Normandie Metro Station just a short walk away, providing easy access to the rest of Los Angeles. The unit's functional, open layout is both move-in ready and a perfect canvas for future personal touches. Enjoy exceptional privacy with a private BACK YARD, and a wall A/C unit for year-round comfort.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 368 | 1,064 | 6% |
| Lot Size | 43,946 | 33,844 | 60% |
| Price | $290.0K | $612.0K | 17% |
| Price per sq ft | $788 | $559 | 97% |
| Built year | 1973 | 1987 | 31% |
| HOA | $293.0 | $485 | 20% |
| Days on market | 15 | 162 | 3% |
Jun 1, 2026
$290,000
Initial Listing
Apr 5, 2005
$159,000
Public Record