320 S Ardmore Avenue 236, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
Loading property details...
Los Angeles, California 90020
This Rare Koreatown Condominium is a Strong Value Opportunity, listed at $299,888—positioned well below the $312,882 Fair Market Value by 4%. This valuation gap provides $12,994 in Instant Equity for immediate appreciation. Maintaining a Condition Rating of 4, the unit features new wide-plank flooring and fresh paint, while offering a canvas for kitchen modernization. Exceptional privacy is ensured with no shared side walls and a private balcony overlooking the spa. This turnkey asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking entry into a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 S Ardmore Avenue 236 Subject | $299,888* List Price | 1 | 1 | 566 | $553 | - |
A 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.2 mi |
B 525 S Ardmore Avenue 242 Active | $329,900 List Price | 1 | 1 | 580 | $569 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property has received recent cosmetic surface updates including new wide-plank flooring and fresh paint. However, the kitchen and bathroom remain dated with older white cabinetry, laminate countertops, and basic white appliances. While functional and move-in ready, the core systems and finishes in the wet areas are over 20 years old and require modernization.
This unique unit features no shared side walls, providing a level of quiet and privacy that is exceptionally rare for high-density condominium living in Los Angeles.
Priced under $300,000 in the heart of Koreatown, this property offers an incredible entry-level price point for first-time buyers or investors in a high-demand neighborhood.
The monthly HOA fee includes earthquake insurance, water, and trash, offering predictable monthly expenses and significant value compared to buildings without such coverage.
At just 566 square feet, the compact layout may feel restrictive for residents with significant storage needs or those looking for a more spacious living environment.
The reliance on a wall-unit A/C system rather than central air conditioning may be less efficient and less desirable for modern buyers during peak summer temperatures.
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! (Photos with furniture are virtually staged and property may have been virtually rendered/altered in those photos. Original property photos are also displayed in its currently-vacant condition).
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 | 1.0 | 2.0 | 46% |
| Baths | 1.0 | 2.0 | 37% |
| Square foot | 566 | 1,064 | 26% |
| Lot Size | 43,946 | 33,844 | 60% |
| Price | $299.9K | $612.0K | 20% |
| Price per sq ft | $530 | $557 | 34% |
| Built year | 1973 | 1987 | 31% |
| HOA | $496.0 | $485 | 51% |
| Days on market | 40 | 160 | 6% |
May 5, 2026
$299,888
Initial Listing
Sep 30, 2004
$235,000
Public Record
May 28, 2004
$170,000
Public Record
May 20, 1998
$27,000
Public Record