525 S Ardmore Avenue 242, Los Angeles, California 90020, Los Angeles, 90020 - 1 bed, 1 bath
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Los Angeles, California 90020
This Value-Add Urban Condominium is listed at $329,900, positioned accurately at its $328,007 Fair Market Value. Maintaining a Condition Rating of 4, the interior requires cosmetic modernization but provides a strong foundation with a private balcony and a rare Park/Greenbelt View. Situated in a Prime Koreatown Location with assigned parking and immediate Metro access, the asset benefits from the area's high walkability and vibrant nightlife. This property represents a stable, low-entry acquisition for first-time buyers or Buy-and-Hold Investors seeking a high-demand rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 525 S Ardmore Avenue 242 Subject | $329,900* List Price | 1 | 1 | 580 | $566 | - |
A 525 S Ardmore Avenue 206 Sold | $349,000 | 1 | 1 | 566 | $617 | 0.0 mi |
B 320 S Ardmore Avenue 329 Sold | $255,000 | 0 | 1 | 368 | $693 | 0.2 mi |
C 533 S St Andrews Place 416 Sold | $413,000 | 1 | 1 | 795 | $519 | 0.6 mi |
D 425 S Kenmore Avenue 312 Sold | $400,000 | 1 | 1 | 696 | $575 | 0.3 mi |
E 525 S Ardmore Avenue 160 Active | $399,000 List Price | 1 | 1 | 566 | $705 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the unit shows clear signs of age and requires cosmetic updates. While the living area features newer laminate flooring, the bathroom is very dated with an old laminate countertop, basic vanity, and worn flooring. The presence of popcorn ceilings and the listing's own admission that the property needs 'some TLC' confirm it is functional but outdated.
Centrally located in the heart of Koreatown, the property offers exceptional walkability to diverse dining, vibrant nightlife, and convenient public transportation including the Metro link.
The unit features a bright and airy open floor plan with abundant natural light and a private balcony overlooking a park/greenbelt, maximizing the feel of the living space.
The inclusion of an assigned one-car parking space provides significant value and convenience in a high-density urban area where parking is at a premium.
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.
The property is noted as needing 'some TLC,' indicating that a buyer will likely need to invest additional capital for repairs or cosmetic modernization.
Built in 1973, the building may lack the modern energy efficiencies, soundproofing, and updated amenities found in newer luxury condominium developments.
Welcome to this 1 bedroom + 1 bathroom condo located in the heart of Koreatown. This bright and airy unit features an open floor plan with abundant natural light, a spacious living area and a private balcony, perfect for relaxing or entertaining. The generously sized bedroom includes a large closet. Laminate flooring, and an assigned 1 car parking. Centrally located close to shopping, dining, public transportation, close to the Metro link, and the night life activity that Koreatown offers. Some TLC, makes this unit special.
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 | 41% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 580 | 1,064 | 24% |
| Lot Size | 73,535 | 31,559 | 84% |
| Price | $329.9K | $560.0K | 19% |
| Price per sq ft | $569 | $559 | 51% |
| Built year | 1973 | 1986 | 35% |
| HOA | $466.0 | $485 | 49% |
| Days on market | 13 | 181 | 3% |
Apr 9, 2026
$329,900
Initial Listing
Apr 15, 2003
$110,000
Public Record