
Los Angeles, California 90020
This High-Potential Investment Opportunity is listed at a List Price of $299,000, positioned slightly above the $290,734 Fair Market Value. While the unit is priced at market, its Condition Rating of 3—featuring a modern kitchen and updated flooring—ensures immediate move-in readiness. Located in the heart of Koreatown, this south-facing end unit offers superior natural light and access to premium amenities like a pool and fitness center. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, urban lifestyle in a dynamic, high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Ardmore Avenue 257 Subject | $299,000* List Price | 0 | 1 | 381 | $763 | - |
A 320 S Ardmore Avenue 120 Sold | $280,000 | 0 | 1 | 368 | $761 | 0.2 mi |
B 525 S Ardmore Avenue 351 Active | $310,000 List Price | 0 | 1 | 368 | $842 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the building was constructed in 1973, the unit has been updated with a functional kitchen featuring stainless steel appliances and stone countertops. The interior shows modern flooring, fresh paint, and crown molding, making it move-in ready and well-maintained.
Situated in the heart of Koreatown, the property offers exceptional walkability to world-class dining, nightlife, and public transit, providing high appeal for urban professionals and investors.
The building features an impressive suite of amenities including a swimming pool, spa, sauna, fitness center, and secure assigned parking, which represents significant value at this price point.
As a south-facing end corner unit, this studio benefits from superior natural light and enhanced privacy compared to standard interior units within the complex.
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.
With only 381 square feet of living space, the studio layout is highly restrictive and may limit furniture configurations and long-term residency appeal.
Built in 1973, the building may require more frequent maintenance compared to newer developments, and the local school ratings are currently below the district average.
Welcome to 525 South Ardmore Avenue #257, a well-maintained, South-facing End corner studio condominium in the vibrant heart of Korea-town. Offering approximately 381 square feet of efficiently designed living space, this bright and inviting residence features abundant natural light, added privacy, a flexible open-concept layout, a functional kitchen, and a full bathroom.Residents enjoy a variety of desirable community amenities, including a swimming pool, spa, sauna, fitness center, community laundry facilities, beautifully landscaped outdoor areas, secure gated entry, and assigned parking. Ideally located near Korea-town's renowned restaurants, cafes, markets, shopping, nightlife, and public transportation, with convenient access to Downtown Los Angeles, Hancock Park, and the 10 Freeway.An excellent opportunity for a first-time buyer, investor, or anyone seeking a comfortable, low-maintenance urban lifestyle in one of Los Angeles' 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 | 1,219.385 |
| Lot Size | 73,535 | 27,236.074 |
| Price | $299.0K | $800.2K |
| Price per sq ft | $785 | $650 |
| Built year | 1973 | 1979 |
| HOA | $338.0 | $685 |
| Days on market | 26 | 72 |
Aug 14, 2026
$299,000
Initial Listing
Jan 27, 2023
$280,000
Public Record
Apr 18, 2014
$142,000
Public Record
Apr 1, 2013
$100,001
Public Record
Jul 7, 2010
$89,500
Public Record