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 home-pic-0

525 S Ardmore Avenue 221

Los Angeles, California 90020

ACTIVE UNDER CONTRACT
CONDITION: GOOD
1Beds
1Baths
566Sq Ft
73,535Lot Size

Property Price

LIST PRICE$360,000

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

Good
TeardownExcellent

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

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
41%
Baths1.02.0
38%
Square foot566943
26%
Lot Size73,53531,559
82%
Price$360.0K$471.5K
26%
Price per sq ft$636$580
79%
Built year19731983
41%
HOA$389.0$450
44%
Days on market81164
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

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