
Los Angeles, California 90020
This Turnkey Studio Condominium is a Strong Value Opportunity, listed at $298,000—positioned well above the $287,733 Fair Market Value by 3%. Despite the premium, the property features a Mint Condition Rating following a comprehensive, high-quality remodel, including a modern kitchen and new flooring. Residents enjoy premium amenities like a Jacuzzi, fitness center, and gated parking in the heart of Koreatown. This low-maintenance, move-in-ready residence is an ideal acquisition for first-time buyers or urban professionals seeking a stylish, stress-free city pied-à-terre.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Ardmore 331 Subject 0 bd · 1 ba · 381 sqft · $755 | $298,000* List Price | 0 | 1 | 381 | $755 | - |
A 320 S Ardmore Avenue 316 Sold 0 bd · 1 ba · 378 sqft · $661 · 0.2 mi | $250,000 | 0 | 1 | 378 | $661 | 0.2 mi |
B 320 S Ardmore Avenue 120 Sold 0 bd · 1 ba · 368 sqft · $761 · 0.2 mi | $280,000 | 0 | 1 | 368 | $761 | 0.2 mi |
C 320 S Ardmore Pending 0 bd · 1 ba · 368 sqft · $728 · 0.3 mi | $268,000 List Price | 0 | 1 | 368 | $728 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although the building was constructed in 1973, the unit has undergone a comprehensive, high-quality remodel within the last 5 years. It features a modern kitchen with new shaker cabinets and stainless steel appliances, a fully updated bathroom, and new flooring throughout, meeting the criteria for mint condition.
The unit features comprehensive high-quality updates, including a fully remodeled kitchen and bathroom, offering a move-in-ready experience for buyers.
Situated in the heart of Koreatown, the property provides exceptional walkability and access to premier dining, shopping, and public transportation.
Residents benefit from desirable community features including gated covered parking, an on-site fitness center, and a Jacuzzi, adding significant value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =73535, other record lot size in square feet = 73442.
At just 381 square feet, the studio layout is quite small, which may limit its appeal to a specific niche of single occupants or investors.
The $400 monthly association fee represents a significant recurring expense relative to the property's size and price point.
Discover convenient urban living in this adorable, fully remodeled top-floor studio condominium in the vibrant heart of Koreatown. Ideally situated in the highly desirable Mid-Wilshire area, this home places you just moments away from premier shopping, dining, and public transportation. Located on the third floor with convenient elevator access, this unit boasts comprehensive, high-quality updates, including beautiful flooring and a modern, completely remodeled kitchen and bathroom. Community Amenities include: Gated entry with secure, covered parking, On-site fitness center, Community Jacuzzi, and On-site laundry facilities. Whether you are seeking your first home, a stylish city pied-à-terre, or a prime investment opportunity, this studio delivers a low-maintenance, high-convenience lifestyle in one of the city's most dynamic neighborhoods.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-12 • 0.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 381 | 1,252.996 |
| Lot Size | 73,535 | 26,029.603 |
| Price | $298.0K | $778.5K |
| Price per sq ft | $782 | $629 |
| Built year | 1973 | 1981 |
| HOA | $400.0 | $676 |
| Days on market | 12 | 74 |
Oct 28, 2026
$298,000
Initial Listing
Dec 15, 2021
$295,000
Public Record
Sep 4, 2012
$79,500
Public Record
Apr 13, 2012
$63,000
Public Record
Sep 29, 2006
$177,000
Public Record