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

525 S Ardmore Avenue 351
Los Angeles, California 90020
Property Price
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
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
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 | - | 2.0 | 18% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 368 | 943 | 6% |
| Lot Size | 73,535 | 31,559 | 82% |
| Price | $310.0K | $471.5K | 21% |
| Price per sq ft | $842 | $580 | 97% |
| Built year | 1973 | 1983 | 41% |
| HOA | $338.0 | $450 | 35% |
| Days on market | 8 | 164 | 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


























