525 S Ardmore Avenue 351, Los Angeles, California 90020, Los Angeles, 90020 - bed, 1 bath

525 S Ardmore Avenue 351, Los Angeles, California 90020 home-pic-0

525 S Ardmore Avenue 351

Los Angeles, California 90020

ACTIVE
CONDITION: EXCELLENT
0Beds
1Baths
368Sq Ft
73,535Lot Size

Property Price

LIST PRICE$310,000

SUMMARY

Analysis of 525 S Ardmore Avenue 351, Los Angeles, California 90020 is currently available with a list price of $310,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although the building was constructed in 1973, the unit has undergone an extensive recent renovation within the last 5 years. The interior features a fully remodeled kitchen with modern cabinetry, stone countertops, and stainless steel appliances, along with a completely updated bathroom. The installation of new laminate flooring, modern light fixtures, and dual-direction window treatments, combined with the absence of deferred maintenance, places this property in the excellent category.

PROSSTRENGTHS & OPPORTUNITIES

  • Financial Incentives

    The property qualifies for the High Cost Area Purchase Program, offering up to $9,552 in agency credits for eligible first-time buyers, significantly enhancing affordability.

  • Resort-Style Amenities

    Despite low HOA dues, residents enjoy premium amenities including a spa, sauna, fitness center, and secure gated entry with on-site security cameras.

  • Prime Koreatown Location

    Situated in the heart of Koreatown, the unit offers exceptional walkability to renowned dining, trendy cafes, and nightlife, ensuring strong rental potential and lifestyle appeal.

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.

  • Limited Square Footage

    At only 368 square feet, the compact studio layout may feel restrictive for long-term occupancy or buyers requiring dedicated living and sleeping zones.

  • Shared Laundry Facilities

    The lack of an in-unit washer and dryer requires residents to use community laundry facilities, which can be a significant convenience drawback for modern condo buyers.

About 525 S Ardmore Avenue 351

Welcome to refined, resort-style living in the vibrant heart of Koreatown. This beautifully maintained studio condominium with one full bathroom is truly move-in ready an exceptional opportunity for first-time buyers or discerning investors seeking strong rental potential. This property is located in a census tract designated as a High Cost Area. For the first time homebuyers (FTHBs) with income under $11,350/mo, the High Cost Area Purchase Program offers up to $9,552 in agency credits for an interest rate buydown. From the moment you step inside, skylights along the hallway bathe the interior in natural light, creating a bright and welcoming ambiance. The courtyard-facing studio offers a thoughtfully designed open-concept layout that maximizes both comfort and functionality. A standout feature of the living space is the oversized window fitted with a dual-direction (top-down/bottom-up) blind system, allowing you to invite in abundant natural light while maintaining optimal privacy an ideal balance of brightness and discretion. The living area flows effortlessly into the tastefully upgraded kitchen and bathroom, each remodeled with modern finishes to support stylish yet practical everyday living. Durable laminate flooring extends throughout the unit, adding warmth and continuity to the space, while the community patio provides a serene outdoor retreat perfect for relaxation. Residents enjoy an impressive array of resort-inspired amenities with low monthly HOA dues, including a spa, sauna, fitness center, conference room, community laundry facilities, secure gated entry, and on-site security cameras. One assigned parking space is included for added convenience. Ideally located just minutes from Koreatown's renowned BBQ restaurants, trendy cafes and bars, and everyday grocery stores, this residence offers the perfect blend of location, lifestyle, and long-term value. Don't miss this opportunity to own a piece of Koreatown at its finest.

Property Details

Public Facts

Property Type
Condominium
Year Built
1973
Lot Size
73,535 Sq. Ft.

Interior

Total Bedrooms
-
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$338.0 / 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)
Beds-2.0
18%
Baths1.02.0
38%
Square foot368943
6%
Lot Size73,53531,559
82%
Price$310.0K$471.5K
21%
Price per sq ft$842$580
97%
Built year19731983
41%
HOA$338.0$450
35%
Days on market8164
3%

Pricing History

Listed for Sale

Feb 26, 2026

$310,000

Initial Listing

Sold

Feb 28, 2022

$310,000

Public Record

Sold

Jul 10, 2014

$155,000

Public Record

Sold

Mar 22, 2005

$164,000

Public Record

Sold

May 30, 2002

$65,000

Public Record

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