525 S Ardmore Avenue 107, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
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Los Angeles, California 90020
This Move-in Ready Condominium represents a Strong Value Opportunity, listed at $399,000—positioned well below the $369,675 Fair Market Value by -7%. While the list price exceeds the current estimation, the unit offers a Condition Rating of 3 with a Renovated Granite Kitchen and a Large Private Balcony. Located in the heart of Koreatown, the building provides premium amenities including a Gym and Spa. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance urban lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Ardmore Avenue 107 Subject | $399,000* List Price | 1 | 1 | 566 | $653 | - |
A 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.0 mi |
B 525 S Ardmore Avenue 361 Sold | $300,000 | 0 | 1 | 400 | $750 | 0.0 mi |
C 525 S Ardmore Avenue 229 Sold | $284,000 | 0 | 1 | 371 | $765 | 0.0 mi |
D 435 S Virgil Avenue 228 Sold | $390,000 | 1 | 1 | 649 | $601 | 0.8 mi |
E 4255 W 5th 101 Sold | $375,000 | 0 | 1 | 529 | $709 | 0.6 mi |
F 500 S Berendo Street 314 Sold | $448,000 | 1 | 1 | 769 | $583 | 0.5 mi |
G 525 S Ardmore Avenue 221 Active | $299,999 List Price | 1 | 1 | 566 | $530 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1973, the unit features a renovated kitchen with granite countertops and updated cabinetry likely performed within the last 10-15 years. The description confirms it is move-in ready, and the interior finishes appear well-maintained, though some dated elements like popcorn ceilings are still present.
Situated in the heart of Koreatown, this property offers exceptional walkability to Wilshire Blvd, the Metro station, and the renowned 6th Street dining and entertainment district.
The Park Villas complex provides high-value amenities including a gym, spa, secured access, and security cameras, which are significant advantages at this price point.
The unit features a large private balcony, providing a rare outdoor retreat that enhances the living experience in a dense urban environment.
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 566 square feet, the interior living space is quite compact, which may limit appeal for buyers requiring a home office or additional storage.
The building features communal laundry facilities rather than in-unit hookups, a common drawback for modern buyers seeking maximum convenience.
Excellent opportunity in Park Villas Condos! Wonderful one bedroom, move-in ready unit with large private balcony in garden-style building in the heart of Koreatown. Building amenities include gym, spa, secured access, in-building laundry, and security cameras. Conveniently located close to Wilshire Blvd, 6th Street restaurants, Metro station, shopping, and entertainment.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 44% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 566 | 1,067.5 | 25% |
| Lot Size | 73,535 | 32,701.5 | 83% |
| Price | $399.0K | $566.0K | 28% |
| Price per sq ft | $705 | $558 | 86% |
| Built year | 1973 | 1987 | 33% |
| HOA | $466.0 | $485 | 47% |
| Days on market | 24 | 161 | 3% |
May 13, 2026
$399,000
Initial Listing
Jan 28, 2025
$393,000
Public Record
Mar 8, 2006
$259,000
Public Record
Jan 26, 2004
$170,000
Public Record
Mar 10, 1997
$33,500
Public Record