
Los Angeles, California 90020
This 1-bedroom Koreatown condominium represents a Strong Value Opportunity, listed at $398,000—positioned above the $365,364 Fair Market Value. While the price reflects a premium, the unit offers a Condition Rating of 4, featuring recent cosmetic upgrades like fresh paint and custom storage. Located near the Purple (D) Metro Line, this property provides high urban connectivity for commuters. It is an ideal low-maintenance asset for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into a dynamic, evolving Los Angeles district.
Koreatown 1-bed condo for sale. Prime location near Purple Line Metro, updated interiors, and gated parking. Perfect for first-time buyers or investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 S Kenmore 206 Subject | $378,000* List Price | 1 | 1 | 660 | $571 | - |
A 320 S Ardmore Avenue 236 Sold | $322,000 | 1 | 1 | 566 | $569 | 0.3 mi |
B 525 S Ardmore Avenue 221 Sold | $290,000 | 1 | 1 | 566 | $512 | 0.3 mi |
C 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.3 mi |
D 425 S Kenmore Avenue 104 Pending | $299,000 List Price | 0 | 1 | 530 | $564 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, the property is over 60 years old. While it has received cosmetic 'refreshed' updates including fresh paint, new lighting, and stainless steel appliances, the core kitchen and bathroom elements—specifically the terracotta tile countertops and shower tiling—remain dated and likely exceed the 20-year threshold for modernization.
Ideally situated in the heart of Koreatown near the Wilshire Corridor and Purple (D) Metro Line, offering residents exceptional walkability and effortless access to Downtown LA and Hollywood.
The unit features tasteful recent improvements including fresh interior paint, updated lighting, and custom wardrobe systems, effectively blending modern convenience with the unit's original terracotta charm.
With a sub-$400k price point and a relatively low monthly association fee of $268, this property presents an accessible entry for first-time buyers or a high-potential addition to an investment portfolio.
With over 225 days on the market and a history of multiple price fluctuations, the property may face a 'stale' listing perception, potentially impacting its perceived value and negotiating leverage.
As a 1963 construction, the building lacks modern staples such as in-unit laundry and central cooling, and the unit itself offers no scenic views, which may deter buyers seeking luxury features.
Welcome to this thoughtfully designed one-bedroom residence in the heart of Koreatown, one of Los Angeles’s most dynamic and culturally rich neighborhoods. Perched on the 2nd floor, this home offers an open and efficient layout with generous living and dining areas, abundant natural light, and beautiful terracotta tile flooring throughout. Recent upgrades include fresh interior paint, updated lighting fixtures, a modern ceiling fan, and refreshed bathroom finishes — all enhancing the bright, contemporary feel while preserving the unit’s original charm. The well-appointed kitchen features ample cabinet storage, and the spacious bedroom includes a custom wardrobe system, complemented by additional mirrored storage in the hallway for everyday convenience. Residents enjoy secured building entry, assigned parking in a gated garage, elevator access, and convenient on-site laundry facilities. Perfectly positioned near the Wilshire Corridor and just moments from the Purple (D) Metro Line, this location provides effortless access to Downtown Los Angeles, Miracle Mile, and Hollywood. Surrounded by celebrated dining, vibrant nightlife, independent cafés, and neighborhood markets, this condo perfectly blends urban energy with daily convenience. Whether you’re looking for a comfortable personal home or a strong addition to an investment portfolio, this Koreatown gem offers enduring value in one of the city’s most connected and evolving districts. Pictures have been digitally staged to illustrate the full potential of the space.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 660 | 1,243 |
| Lot Size | 17,862 | 24,016 |
| Price | $378.0K | $805.6K |
| Price per sq ft | $573 | $659 |
| Built year | 1963 | 1981 |
| HOA | $268.42 | $684 |
| Days on market | 270 | 71 |
Jul 7, 2026
$378,000
$398,000
-5% Price Drop
Initial Listing
Jun 7, 2026
$398,000
$378,000
+5% Price Increase
Initial Listing
Apr 3, 2026
$378,000
$380,000
-1% Price Drop
Initial Listing
Mar 19, 2026
$380,000
$385,500
-1% Price Drop
Initial Listing
Mar 2, 2026
$385,500
$388,000
-1% Price Drop
Initial Listing
Feb 6, 2026
$388,000
$398,000
-3% Price Drop
Initial Listing
Feb 4, 2026
$398,000
$420,000
-5% Price Drop
Initial Listing
Jan 8, 2026
$420,000
$425,000
-1% Price Drop
Initial Listing
Oct 25, 2025
$425,000
Initial Listing
Jun 30, 2014
$220,000
Public Record
Nov 15, 2002
$110,000
Public Record