320 S Ardmore Avenue 236, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$344,000
320 S Ardmore Avenue 236, Los Angeles, California 90020
1Bed
1Bath
566Sqft
43,946Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Location: Strategically located in the heart of Koreatown, offering unparalleled access to Downtown LA, Hollywood, and a vibrant array of dining, nightlife, and cultural attractions, with easy freeway access.
Top Cons:
Limited Cooling System: The property features a wall unit A/C system, which may be less efficient or desirable compared to central air conditioning, especially during warmer months.
Compared to the nearby listings
Price:$344.0K vs avg $470.0K ($-126,000)16%
Size:566 sqft vs avg 880 sqft16%
Price/sqft:$608 vs avg $60850%
More Insights
Built in 1973 (52 years old).
Condition: The property, built in 1973, is clean and move-in ready with updated laminate flooring and fresh paint in the main living areas. However, the kitchen features dated white cabinets, laminate countertops, white appliances, and an old fluorescent light fixture, indicating a need for significant cosmetic updates. The cooling system is a wall unit A/C, which is less desirable than central air. While functional, the kitchen and potentially the bathroom (no images provided, but inferred from kitchen and age) show signs of being outdated, aligning with the 'Fair' category's description of requiring minor updates and having major components that are functional but show signs of being outdated.
Year Built
1973
Close
-
List price
$344K
Original List price
$350K
Price/Sqft
$608
HOA
$431
Days on market
-
Sold On
-
MLS number
25549883
Home ConditionFair
Features
Deck
Spa
ViewCourtyard
About this home
In the heart of Koreatown, this rare 1-bedroom, 1-bath condo offers unbeatable value in one of LA's most sought-after neighborhoods and is ideally located just minutes from Downtown LA, Hollywood, and steps from some of the city's best dining, nightlife, and cultural hotspots. Perfect for first-time buyers looking to get into the market or investors seeking strong rental potential. This second-floor unit is move-in ready with a clean, functional layout and offers a turnkey condition yet still a perfect canvas for light cosmetic updates to quickly build equity. The property has no shared side walls, offering exceptional privacy and quiet, something truly hard to find in condo living. Enjoy a private balcony overlooking the beautifully maintained spa and grounds, a wall unit A/C system, gated subterranean parking, and secure building access. Residents also have access to an equipped fitness room, well-kept common areas, and multiple elevators for convenience.The HOA covers water, trash, earthquake insurance, and security cameras, keeping monthly expenses low and predictable. All of this just minutes from Downtown LA, Hollywood, and steps to Koreatown's best restaurants, nightlife, and cultural attractions with easy access to the 101 and 10 freeways. This is a unique opportunity to own in one of LA's hottest neighborhoods, act fast!
Nearby schools
5/10
Cahuenga Elementary School
Public,•K-5•0.3mi
6/10
Charles H. Kim Elementary School
Public,•K-5•0.4mi
4/10
Frank Del Olmo Elementary School
Public,•K-6•0.6mi
3/10
Harvard Elementary School
Public,•K-5•0.6mi
4/10
Alexandria Avenue Elementary School
Public,•K-5•0.6mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.8mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,•K-5•0.8mi
3/10
Wilton Place Elementary School
Public,•K-5•1.0mi
6/10
Wilshire Park Elementary School
Public,•K-5•1.0mi
5/10
Commonwealth Avenue Elementary School
Public,•K-5•1.0mi
/10
Mariposa-Nabi Primary Center
Public,•K-2•1.1mi
3/10
Hobart Boulevard Elementary School
Public,•K-5•1.1mi
6/10
Van Ness Avenue Elementary School
Public,•K-5•1.2mi
8/10
Hoover Street Elementary School
Public,•K-5•1.2mi
3/10
Los Angeles Elementary School
Public,•K-5•1.4mi
3/10
Leo Politi Elementary School
Public,•K-5•1.5mi
8/10
Third Street Elementary School
Public,•K-5•1.9mi
7/10
Queen Anne Place Elementary School
Public,•K-5•2.1mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,•K-5•2.2mi
5/10
Virgil Middle School
Public,•6-8•0.7mi
4/10
Young Oak Kim Academy
Public,•6-8•0.7mi
3/10
Berendo Middle School
Public,•6-8•1.3mi
5/10
Pio Pico Middle School
Public,•6-8•1.9mi
7/10
John Burroughs Middle School
Public,•6-8•2.1mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.2mi
3/10
Johnnie Cochran, Jr., Middle School
Public,•6-8•2.3mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.7mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.7mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.7mi
4/10
Los Angeles Senior High School
Public,•9-12•2.0mi
4/10
West Adams Preparatory High School
Public,•9-12•2.1mi
3/10
Belmont Senior High School
Public,•9-12•2.2mi
8/10
John Marshall Senior High School
Public,•9-12•3.0mi
7/10
Fairfax Senior High School
Public,•9-12•3.6mi
Price History
Date
Event
Price
05/20/98
Sold
$27,000
09/30/04
Sold
$235,000
05/28/04
Sold
$170,000
Condition Rating
Fair
The property, built in 1973, is clean and move-in ready with updated laminate flooring and fresh paint in the main living areas. However, the kitchen features dated white cabinets, laminate countertops, white appliances, and an old fluorescent light fixture, indicating a need for significant cosmetic updates. The cooling system is a wall unit A/C, which is less desirable than central air. While functional, the kitchen and potentially the bathroom (no images provided, but inferred from kitchen and age) show signs of being outdated, aligning with the 'Fair' category's description of requiring minor updates and having major components that are functional but show signs of being outdated.
Pros & Cons
Pros
Prime Location: Strategically located in the heart of Koreatown, offering unparalleled access to Downtown LA, Hollywood, and a vibrant array of dining, nightlife, and cultural attractions, with easy freeway access.
Strong Investment Potential: An attractive opportunity for first-time buyers entering the market or investors seeking robust rental income and equity building potential.
Exceptional Privacy: A rare find in condo living, the unit boasts no shared side walls, ensuring enhanced privacy and a quiet environment.
Comprehensive HOA Inclusions: The HOA covers essential services like water, trash, earthquake insurance, and security cameras, contributing to predictable and potentially lower monthly out-of-pocket expenses.
Building Amenities: Residents benefit from a private balcony overlooking maintained grounds, gated subterranean parking, secure building access, an equipped fitness room, and multiple elevators for convenience.
Cons
Limited Cooling System: The property features a wall unit A/C system, which may be less efficient or desirable compared to central air conditioning, especially during warmer months.
Cosmetic Updates Required: While move-in ready, the description indicates it's a 'canvas for light cosmetic updates,' suggesting potential buyers may need to invest further for modernization.
Compact Living Space: At 566 square feet, the 1-bedroom unit offers a relatively compact living area, which might be a consideration for those desiring more spacious accommodations.