525 S Ardmore Avenue 206, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
ACTIVE$369,000$566/sqft
525 S Ardmore Avenue 206, Los Angeles, California 90020
1Bed
1Bath
566Sqft
73,535Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Koreatown Location: The property is situated in the heart of Koreatown, offering excellent walkability and convenient access to Wilshire Blvd, 6th Street restaurants, shopping, entertainment, and a Metro station.
Top Cons:
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.
Compared to the nearby listings
Price:$369.0K vs avg $466.0K ($-97,000)26%
Size:566 sqft vs avg 858 sqft26%
Price/sqft:$652 vs avg $60874%
More Insights
Built in 1973 (53 years old).
Condition: Built in 1973, this unit has undergone significant modern updates, including a renovated kitchen with stainless steel appliances and quartz countertops, a contemporary bathroom with a glass-enclosed shower, and new wood laminate flooring throughout. The unit is freshly painted and move-in ready. While the building itself is described as recently remodeled, the age of the original structure and the noted potential lack of central AC (or reliance on wall units) prevent it from reaching an 'Excellent' rating. However, the extensive interior renovations place it firmly in 'Good' condition.
Year Built
1973
Close
-
List price
$369K
Original List price
$369K
Price/Sqft
$652
HOA
$389
Days on market
-
Sold On
-
MLS number
26632259
Home ConditionGood
Features
Deck
Pool
Spa
View
About this home
Welcome to Park Villas Condos, a freshly painted 2nd-floor unit in a recently remodeled garden-style building in the heart of Koreatown. Bright open floor plan with wood floors, walk-in closets, abundant natural light, and a spacious balcony facing the street. Conveniently located just steps from the elevator with one assigned parking space. Building amenities include gym, spa, secured access, in-building laundry, and security cameras. Close to Wilshire Blvd, 6th Street restaurants, Metro station, shopping, and entertainment. Some photos are virtually staged.
M
Minoo Sadeghani
Listing Agent
Nearby schools
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.5mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.5mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.5mi
Price History
Date
Event
Price
09/20/16
Sold
$290,000
09/12/07
Sold
$245,000
12/15/03
Sold
$143,000
Condition Rating
Good
Built in 1973, this unit has undergone significant modern updates, including a renovated kitchen with stainless steel appliances and quartz countertops, a contemporary bathroom with a glass-enclosed shower, and new wood laminate flooring throughout. The unit is freshly painted and move-in ready. While the building itself is described as recently remodeled, the age of the original structure and the noted potential lack of central AC (or reliance on wall units) prevent it from reaching an 'Excellent' rating. However, the extensive interior renovations place it firmly in 'Good' condition.
Pros & Cons
Pros
Prime Koreatown Location: The property is situated in the heart of Koreatown, offering excellent walkability and convenient access to Wilshire Blvd, 6th Street restaurants, shopping, entertainment, and a Metro station.
Comprehensive Building Amenities: Residents benefit from a range of amenities including a gym, spa, secured access, in-building laundry, and security cameras, enhancing lifestyle and safety.
Updated Unit Features: The unit is freshly painted and features wood floors, walk-in closets, abundant natural light, and a spacious balcony, providing a move-in ready and appealing living space.
Assigned Parking: The inclusion of one assigned parking space is a significant advantage and highly desirable in a dense urban area like Koreatown.
Recently Remodeled Building: The garden-style building has been recently remodeled, suggesting well-maintained common areas and a modern aesthetic for the overall complex.
Cons
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.
Compact Living Space: At 566 sqft, the unit offers limited living area, which may not be suitable for all buyers or those requiring more expansive space.
High Association Fee Relative to Size: A monthly association fee of $389 for a 566 sqft unit is relatively high, potentially impacting the overall affordability and monthly housing costs for a buyer.
Potential for Outdated Systems/No AC: Built in 1973, while the building is remodeled, the unit's internal systems (e.g., plumbing, electrical) may be original, and there is no mention of a cooling system, which could be a drawback in Los Angeles' climate.