525 S Ardmore Avenue 320, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath
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525 S Ardmore Avenue 320
Los Angeles, California 90020
ACTIVE
CONDITION: GOOD
2Beds
2Baths
914Sq Ft
73,535Lot Size
Property Price
LIST PRICE$489,000
EST. MARKET VALUE
$492,686
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $489,000—positioned well below the $492,686 Fair Market Value by 0.75%. This valuation gap offers $3,686 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit boasts modern kitchen finishes and updated flooring. Located in the heart of Koreatown, this residence offers a private balcony and access to a fitness center and spa, making it an ideal choice for first-time buyers or urban professionals seeking a convenient, low-maintenance lifestyle.
Estimated Market Value
$492,686
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 |
|---|---|---|---|---|---|---|
★ 525 S Ardmore Avenue 320 Subject | $489,000* List Price | 2 | 2 | 914 | $539 | - |
A 435 S Virgil Avenue 209 Sold | $485,000 | 2 | 2 | 931 | $521 | 0.8 mi |
B 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.0 mi |
C 436 S Virgil Avenue 403 Sold | $635,000 | 2 | 2 | 1,040 | $611 | 0.9 mi |
D 525 S Berendo 106 Sold | $510,000 | 2 | 2 | 867 | $588 | 0.4 mi |
E 533 S St Andrews Place 420 Sold | $520,000 | 2 | 2 | 972 | $535 | 0.6 mi |
F 500 S Berendo Sold | $444,000 | 1 | 1 | 797 | $557 | 0.5 mi |
G 433 S Manhattan Active | $549,000 List Price | 2 | 2 | 849 | $647 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building dates to 1973, the unit has been significantly updated within the last 5-15 years. The kitchen features modern stainless steel appliances, stone countertops, and white shaker cabinetry. The interior shows well-maintained laminate flooring and updated vanities, making it move-in ready despite the older wall-unit HVAC and building age.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Urban Location
Situated in the heart of Koreatown near Wilshire Boulevard and the Metro, offering exceptional walkability and easy access to Downtown LA, Hancock Park, and major transit hubs.
- Top-Floor Privacy
As a top-floor unit with only one shared common wall, this residence provides a quieter living environment and more privacy than typical mid-floor condominiums.
- Functional Layout
The 2-bedroom, 2-bathroom floor plan is well-optimized at 914 sq. ft., featuring an open living area, private balcony, and abundant natural light.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
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.
- High Monthly Carrying Costs
The association fee of $546 per month is relatively high for the unit size, which may impact overall affordability and buyer interest.
- Lack of In-Unit Laundry
The building relies on a community laundry room rather than in-unit hookups, which is a notable inconvenience for modern buyers in this price segment.
About 525 S Ardmore Avenue 320
Top-floor 2-bedroom, 2-bath condominium offering approximately 914 sq. ft. in the heart of Koreatown. This bright and spacious residence features only one shared common wall, a private balcony, an open living and dining area, abundant natural light, and a functional floor plan. Located in the gated Park Villas community with amenities including a community laundry room, fitness center, spa, and secured parking. Conveniently located near Wilshire Boulevard, Metro, Hancock Park, Larchmont Village, Downtown Los Angeles, shopping, dining, and entertainment. A rare opportunity to own one of the few 2-bedroom residences in this desirable community.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 73,535 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $546.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.6 mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Grades 6-12 • 0.5 mi
3/10
Rfk Community Schools-Los Angeles High School Of The Arts
Grades 9-12 • 0.5 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 914 | 1,219.385 |
| Lot Size | 73,535 | 27,236.074 |
| Price | $489.0K | $800.2K |
| Price per sq ft | $535 | $650 |
| Built year | 1973 | 1979 |
| HOA | $546.0 | $685 |
| Days on market | 27 | 72 |
Pricing History
Listed for Sale
Aug 13, 2026
$489,000
Initial Listing
Sold
Dec 9, 2019
$481,000
Public Record
Sold
Jul 17, 2014
$340,000
Public Record
Sold
May 12, 2009
$183,000
Public Record
Sold
Aug 15, 2002
$135,000
Public Record