525 S Ardmore Avenue 221, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath

525 S Ardmore Avenue 221
Los Angeles, California 90020
Property Price
SUMMARY
Analysis of 525 S Ardmore Avenue 221, Los Angeles, California 90020 is currently available with a list price of $360,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with several modern updates. The kitchen features stainless steel appliances (stove, refrigerator, microwave, dishwasher) and stone countertops, while the bathroom has been updated with contemporary finishes and a modern vanity. Although the building was constructed in 1973, the unit has been refreshed with all-new interior paint and updated flooring. It meets the 'good' criteria as a well-maintained, updated residence that does not require immediate renovation, though it does not qualify as 'excellent' due to the overall age of the building's infrastructure.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Growth Location
Situated in the heart of Koreatown, the property is positioned to benefit from massive local investments, including the Purple Line subway extension and the 2028 Olympic infrastructure, ensuring strong long-term appreciation.
- Turnkey Condition
The unit is move-in ready with fresh interior paint, an updated bathroom, and all appliances included, offering immediate occupancy without the need for additional renovation capital.
- Resort-Style Amenities
The Park Villas community provides premium amenities including a pool, spa, and clubhouse, offering a high-quality lifestyle and social environment that is rare at this price point.
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.
- Compact Living Space
At 566 square feet, the unit's small footprint may be restrictive for buyers seeking versatile layouts or dedicated work-from-home areas compared to newer, larger developments.
- Building Age
Constructed in 1973, the property may lack the modern energy efficiency and soundproofing of contemporary builds, and could potentially face higher long-term maintenance requirements.
About 525 S Ardmore Avenue 221
An Opportunity in the Heart of Koreatown: Style, Location, and Future Growth in One Perfect Package. Welcome to "Parc de la Villa", the BEST and most beautifully updated 1-bed, 1-bath home in the highly sought-after Park Villas community, where modern comfort meets one of the most rapidly evolving economic zones in all of Los Angeles. This is more than a home. This is your front-row seat to the future of LA. A Move-In Ready Sanctuary With Thoughtful Upgrades. Step inside and feel the refreshing brightness of all-new interior paint, paired with a layout that maximizes space, comfort, and style. Everything you need is already here: All appliances included: Stove, Refrigerator, Microwave, Dishwasher, Updated bathroom with clean modern finishes. Oversized closets, offering rare storage space seldom found . An open inviting floor plan that makes the home feel much larger than its footprint . Whether you're a first-time buyer, investor, or someone seeking a centrally located LA residence, this unit checks every box. Resort-Style Living in the Middle of the City. Park Villas offers amenities that truly elevate daily living: Sparkling pool, Relaxing spa, Spacious clubhouse perfect for gatherings or remote work, convenience and urban vibrance all in one place. And the nightlife? You're just down the street from Break Room 86, the world-famous hidden karaoke bar known for its retro speakeasy vibe, performances & celebrity sightings. When friends ask where to go, your neighborhood becomes the destination. A Prime Location Surrounded by Multi-Billion-Dollar Growth , Owning real estate in Koreatown and the broader 90012 Downtown LA corridor has always been smart. But the next three years are expected to be transformational. Several major economic engines are driving long-term value appreciation:1. 670 Mesquit A $1.4 Billion Mega Project Currently under construction, this mixed-use destination will include: Luxury apartments, Office space, Retail hotel , Large-scale developments like this historically elevate surrounding home values by boosting foot traffic, infrastructure, and desirability. 2. Massive Transit & Mobility Upgrades To prepare for global event sand to improve LA's urban coreseveral transportation projects are underway: Purple (D Line) Subway Extension, improving access across LA Dodger Stadium, Gondola (LA Aerial Rapid Transit) a $500 million rapid-access system , Major pedestrian cycling, & street corridor improvements along Figueroa, Olympic, and other key streets. Enhanced transportation = increased housing demand = long-term equity. 3. LA Convention Center Expansion. A major expansion projected to add $150M+ annually in business activity, creating job growth and attracting international events. 4. Early Build-Up for the 2028 Olympic Games, Although the Games are in 2028, 2026 is primed for peak preparation, including: Upgrades to Crypto.com Arena and the Peacock Theater , Metro's Games Enhanced Transit Service (GETS) with new zero-emission buses and new shuttle routes .Park-and-ride systems flowing directly through downtown. The LA economy is expected to generate billions in revenue between 2024-2029 due to Olympic-related activity. Why This Matters for You as a Buyer when you buy in Koreatown today, you're not just buying a home, you're buying into one of LA's strongest appreciation cycles. Housing near: Billion-dollar new developments , Major transit expansion, Olympic-driven improvements, Revitalized entertainment, hubs typically sees the highest property-value growth and strongest long-term demand. And with Park Villas' amenities, updates, and unbeatable location, "Parc de la Villa" stands out as a high-value, future-proof investment. Your Home. Your Lifestyle. Your Smartest Investment Yet. This unit gives you: Updated interiors, All appliances included, Oversized storage , Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth Positioned perfectly for long-term appreciation
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1973
- Lot Size
- 73,535 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $389.0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rfk Community Schools - Ambassador School - Global Education
Grades K-5 • 0.6 mi
Rfk Community Schools-Ambassador-Global Leadership
Grades 6-12 • 0.5 mi
Rfk Community Schools-Los Angeles High School Of The Arts
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 41% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 566 | 943 | 26% |
| Lot Size | 73,535 | 31,559 | 82% |
| Price | $360.0K | $471.5K | 26% |
| Price per sq ft | $636 | $580 | 79% |
| Built year | 1973 | 1983 | 41% |
| HOA | $389.0 | $450 | 44% |
| Days on market | 81 | 164 | 21% |
Pricing History
Listed for Sale
Jan 14, 2026
$360,000
$389,999
-8% Price Drop
Initial Listing
Price Change
Dec 15, 2025
$389,999
Initial Listing
Sold
Mar 5, 2018
$396,000
Public Record
Sold
Sep 15, 2011
$110,000
Public Record
Sold
Feb 8, 2006
$250,000
Public Record
Sold
Mar 11, 2002
$97,000
Public Record
Sold
Mar 22, 2001
$75,000
Public Record
Sold
Jun 23, 1999
$39,500
Public Record




















