525 S Ardmore 161, Los Angeles, California 90020, Los Angeles, 90020 - 0 bed, 1 bath
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525 S Ardmore 161
Los Angeles, California 90020
ACTIVE
CONDITION: GOOD
0Beds
1Baths
400Sq Ft
73,535Lot Size
Property Price
LIST PRICE$299,000
EST. MARKET VALUE
$277,714
7% AboveMARKET VALUE
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $310,000—positioned above the $281,416 Fair Market Value. While the list price exceeds the current estimate, the unit offers a Condition Rating of 3, featuring new laminate flooring, fresh paint, and granite countertops in the kitchen and bath. With a private patio and assigned parking, this move-in ready studio provides essential urban convenience near the Metro Red/Purple lines. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance lifestyle in Koreatown.
Estimated Market Value
$277,714
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 161 Subject 0 bd · 1 ba · 400 sqft · $694 | $299,000* List Price | 0 | 1 | 400 | $694 | - |
A 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 |
B 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 |
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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1973, the unit has been recently refreshed with new laminate flooring, fresh interior paint, and granite countertops in both the kitchen and bathroom, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Transit Access
Ideally situated in the heart of Koreatown with immediate proximity to the Metro Red and Purple lines, offering exceptional urban connectivity for commuters.
- Move-In Ready Upgrades
The unit features recent interior refreshments including new laminate flooring, fresh paint, and granite countertops, providing a modern aesthetic and immediate occupancy potential.
- Dedicated Parking Convenience
Includes a valuable assigned parking space located conveniently near the elevator, a significant premium in a high-density neighborhood where parking is often scarce.
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.
- Limited Living Space
At only 400 square feet, the studio layout offers very restricted living and storage capacity, which may limit the buyer pool to single occupants or investors.
- High HOA to Size Ratio
The $405 monthly association fee is relatively high for a studio unit of this size, impacting the overall monthly carrying costs and investor cap rate.
About 525 S Ardmore 161
Lowest Price in the Complex! Studio Unit with Private Patio! Welcome to this beautifully refreshed studio unit in a quiet and convenient Koreatown location. The unit features new laminate flooring throughout and fresh interior paint, creating and inviting living space. The kitchen offers a granite countertop, while the bathroom is also finished with a granite countertop. Enjoy your own open patio with newly installed waterproof laminate flooring, providing an additional outdoor space for relaxing or entertaining. Conveniently located near shopping, restaurants, and public transportation, including the Metro Red/Purple Lines. The unit comes with one assigned parking space conveniently located near the elevator. A great opportunity to enjoy comfortable city living in the heart of Koreatown with convenient access to everyday access to everyday amenities and transportation.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 73,535 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $405.0 / 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 | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 400 | 1,252.996 |
| Lot Size | 73,535 | 26,029.603 |
| Price | $299.0K | $778.5K |
| Price per sq ft | $748 | $629 |
| Built year | 1973 | 1981 |
| HOA | $405.0 | $676 |
| Days on market | 45 | 74 |
Pricing History
Listed for Sale
Oct 4, 2026
$299,000
$310,000
-4% Price Drop
Initial Listing
Price Change
Sep 25, 2026
$310,000
Initial Listing
Sold
Jul 12, 2018
$290,000
Public Record
Sold
Feb 5, 2015
$180,000
Public Record
Sold
May 29, 1997
$12,000
Public Record