
Los Angeles, California 90020
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $299,000—positioned well below the $327,711 Fair Market Value by 8%. This valuation gap offers $28,711 in Instant Equity. The property maintains a Condition Rating of 3, featuring an updated kitchen, private balcony, and the rare convenience of an in-unit washer/dryer. Located in the heart of Koreatown near the Metro Purple Line, it combines premier urban accessibility with remarkably low HOA dues of $245. This is an ideal opportunity for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 425 S Kenmore Avenue 104 Subject | $299,000* List Price | 0 | 1 | 530 | $618 | - |
A 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.3 mi |
B 360 S Kenmore Avenue 209 Sold | $299,000 | 0 | 1 | 454 | $659 | 0.1 mi |
C 320 S Ardmore Avenue 111 Sold | $270,000 | 0 | 1 | 378 | $714 | 0.3 mi |
D 320 S Ardmore Avenue 205 Sold | $340,000 | 1 | 1 | 566 | $601 | 0.3 mi |
E 320 S Ardmore 233 Sold | $275,000 | 1 | 1 | 378 | $728 | 0.3 mi |
F 320 S Ardmore Avenue 329 Sold | $255,000 | 0 | 1 | 368 | $693 | 0.3 mi |
G 425 S Kenmore Avenue Avenue 306 Active Under Contract | $385,000 List Price | 1 | 1 | 660 | $583 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with clear updates. While the building dates to 1963, the unit features modern laminate flooring, updated kitchen cabinetry with granite-style countertops, and stainless steel appliances. The bathroom has been refreshed with a contemporary vessel sink and vanity. The presence of an in-unit washer/dryer and clean interior finishes aligns with the 'good' criteria for a functional, updated living space.
Situated in the heart of Koreatown near the Wilshire Corridor and Metro Purple Line, the property offers exceptional walkability and rapid transit access to Downtown LA, Hollywood, and the Miracle Mile.
With a competitive list price under $300,000 and remarkably low HOA dues of $245, this unit represents a rare high-value entry point for first-time buyers or investors in a high-demand area.
The inclusion of an in-unit washer/dryer combo, a private balcony, and assigned gated parking provides a level of convenience often missing in older, similarly priced condominiums.
At only 530 square feet, the compact interior layout may be a significant constraint for buyers requiring more living space or a dedicated home office environment.
Built in 1963, the property may lack the modern energy-efficient systems and extensive communal amenities found in newer luxury developments within the neighborhood.
Welcome to this bright and inviting, move-in ready condo in the heart of Koreatown. One of Los Angeles' most vibrant and convenient neighborhoods. This thoughtfully designed residence offers an open and efficient layout with spacious living and dining areas, abundant natural light, and a well-appointed kitchen featuring generous cabinetry. Enjoy fresh air and city living from your private balcony, perfect for relaxing or entertaining, along with the convenience of an in-unit washer/dryer combo. The secure complex offers controlled entry, assigned parking in a gated garage, on-site laundry facilities, and additional storage space, all with low HOA dues. Ideally located near the Wilshire Corridor and just moments from the Metro Purple (D) Line, this home provides easy access to Downtown Los Angeles, Miracle Mile, and Hollywood. Surrounded by top-rated restaurants, cafes, nightlife, and local markets, it delivers the perfect blend of urban energy and everyday convenience. Whether you're a first-time buyer or an investor seeking a well-maintained property in a high-demand area.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 19% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 530 | 1,064 | 22% |
| Lot Size | 17,862 | 28,487 | 24% |
| Price | $299.0K | $560.0K | 16% |
| Price per sq ft | $564 | $559 | 51% |
| Built year | 1963 | 1986 | 8% |
| HOA | $245.0 | $485 | 5% |
| Days on market | 33 | 181 | 3% |
Mar 20, 2026
$299,000
Initial Listing
Dec 20, 2022
$310,000
Public Record
Mar 8, 2019
$307,000
Public Record
Sep 30, 2010
$117,000
Public Record
Feb 14, 2007
$231,500
Public Record
Aug 26, 2005
$210,000
Public Record
Oct 2, 2001
$51,000
Public Record