320 S Ardmore Avenue 314, Los Angeles, California 90020, Los Angeles, 90020 - 0 bed, 1 bath
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320 S Ardmore Avenue 314
Los Angeles, California 90020
ACTIVE
CONDITION: FAIR
0Beds
1Baths
378Sq Ft
43,946Lot Size
Property Price
LIST PRICE$210,000
EST. MARKET VALUE
$248,000
4% BelowMARKET VALUE
SUMMARY
This studio condo represents a Strong Value Opportunity, listed at $248,000—positioned well below the $265,969 Fair Market Value by 6%. This valuation gap offers $17,969 in Instant Equity for the buyer. With a Condition Rating of 4, the unit provides a functional, low-maintenance layout in a prime Mid-Wilshire location. While the square footage is compact, the property serves as a stable, entry-level asset. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable Los Angeles foothold.
Estimated Market Value
$248,000+$38,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 320 S Ardmore Avenue 314 Subject | $210,000* List Price | 0 | 1 | 378 | $656 | - |
A 525 S Ardmore Avenue 229 Sold | $284,000 | 0 | 1 | 371 | $765 | 0.2 mi |
B 320 S Ardmore Avenue 120 Sold | $280,000 | 0 | 1 | 368 | $761 | - |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1973 (51 years old) and the listing lacks any mention of recent renovations to the kitchen, bath, or major systems. While described as functional for urban living, the age and lack of updates suggest the unit is dated and requires minor repairs or modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Priced at $248,000, this studio represents a rare entry-level opportunity in the Los Angeles market, making it highly attractive for first-time buyers or investors seeking a low-cost entry point.
- Prime Mid-Wilshire Location
Situated in the heart of the C17 area, the property offers excellent proximity to the vibrant dining, shopping, and transit options of Koreatown and Wilshire Boulevard.
- Low-Maintenance Urban Living
The efficiency-focused layout and third-floor position within the Garden Villas Condominiums provide a streamlined, 'lock-and-leave' lifestyle with a manageable monthly association fee.
CONSRISKS & DEFICIENCIES
- Extremely Limited Square Footage
At only 378 square feet, the living space is highly restrictive, which may limit the pool of potential buyers and pose challenges for furniture arrangement and storage.
- Lack of Scenic Appeal
The listing indicates no specific view from the unit, and the 1973 construction may lack the modern aesthetic and amenities found in newer luxury developments nearby.
About 320 S Ardmore Avenue 314
Charming, low-maintenance single-level studio condo located on the third floor of the highly desirable Garden Villas Condominiums complex. This bright efficiency property features an open floor plan layout tailored perfectly for seamless urban living.Situated in the prime Mid-Wilshire/Koreatown area, 320 S Ardmore Ave #314 offers an exceptional opportunity for buyers and investors alike. The property needs some TLC and is being sold "as-is"making it the perfect blank canvas to customize, update, and turn into your very own personal space.The efficient layout is complemented by premium community amenities, including controlled access, a fitness center, rec room, a secure subterranean parking space. Positioned just steps from excellent transit options, diverse dining, and vibrant retail.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 43,946 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $293.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Cahuenga Elementary School
Grades K-5 • 0.3 mi
5/10
Charles H. Kim Elementary School
Grades K-5 • 0.4 mi
6/10
Frank Del Olmo Elementary School
Grades K-6 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 378 | 1,219.385 |
| Lot Size | 43,946 | 27,236.074 |
| Price | $210.0K | $800.2K |
| Price per sq ft | $556 | $650 |
| Built year | 1973 | 1979 |
| HOA | $293.0 | $685 |
| Days on market | 114 | 72 |
Pricing History
Listed for Sale
Aug 29, 2026
$210,000
$238,000
-12% Price Drop
Initial Listing
Price Change
Jul 14, 2026
$238,000
$248,000
-4% Price Drop
Initial Listing
Price Change
May 18, 2026
$248,000
Initial Listing
Sold
Jul 14, 1988
$23,000
Public Record