525 S Ardmore Avenue 351, Los Angeles, California 90020, Los Angeles, 90020 - bed, 1 bath
ACTIVE$325,000
525 S Ardmore Avenue 351, Los Angeles, California 90020
0Bed
1Bath
368Sqft
73,535Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Urban Location: Strategically located in the heart of Los Angeles, offering unparalleled access to Downtown LA, Hollywood, and major freeways, making it ideal for commuters and urban explorers.
Top Cons:
Limited Living Space: With only 368 square feet, the studio apartment offers very compact living quarters, which may not appeal to all buyers or those seeking more expansive space.
Compared to the nearby listings
Price:$325.0K vs avg $470.0K ($-145,000)8%
Size:368 sqft vs avg 880 sqft4%
Price/sqft:$883 vs avg $60896%
More Insights
Built in 1973 (52 years old).
Condition: The property, built in 1973, has undergone significant modern interior updates, particularly in the kitchen and bathroom. The kitchen features stainless steel appliances and quartz countertops, and the bathroom appears updated with modern tiling. Flooring throughout the main living area is a modern hardwood/laminate, and recessed lighting is present. These updates make the unit move-in ready with a contemporary aesthetic. However, the presence of a window AC unit and wall heater, rather than a central HVAC system, indicates that not all major systems have been updated to current quality standards, preventing an 'Excellent' rating. The overall condition is well-maintained with modern finishes in key areas.
Year Built
1973
Close
-
List price
$325K
Original List price
$325K
Price/Sqft
$883
HOA
$338
Days on market
-
Sold On
-
MLS number
AR25138442
Home ConditionGood
Features
View-
About this home
Prime LA Living! Welcome to your new home in one of Los Angeles’ most vibrant and dynamic neighborhoods! This bright and stylish studio apartment is perfectly situated in heart of LA, just minutes from Downtown LA, Hollywood, and major freeways. Whether you're commuting or exploring, you're never far from where you want to be. Open-concept layout with ample natural light. Modern kitchen with stainless steel appliances and quartz countertops. Community pool for you to relax in the summertime. Ample sitting areas throughout the complex. Comes with 1 garage space.
Nearby schools
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,•K-5•0.6mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,•6-12•0.5mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,•9-12•0.5mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,•9-12•0.5mi
Price History
Date
Event
Price
02/28/22
Sold
$310,000
07/10/14
Sold
$155,000
03/22/05
Sold
$164,000
05/30/02
Sold
$65,000
Condition Rating
Good
The property, built in 1973, has undergone significant modern interior updates, particularly in the kitchen and bathroom. The kitchen features stainless steel appliances and quartz countertops, and the bathroom appears updated with modern tiling. Flooring throughout the main living area is a modern hardwood/laminate, and recessed lighting is present. These updates make the unit move-in ready with a contemporary aesthetic. However, the presence of a window AC unit and wall heater, rather than a central HVAC system, indicates that not all major systems have been updated to current quality standards, preventing an 'Excellent' rating. The overall condition is well-maintained with modern finishes in key areas.
Pros & Cons
Pros
Exceptional Urban Location: Strategically located in the heart of Los Angeles, offering unparalleled access to Downtown LA, Hollywood, and major freeways, making it ideal for commuters and urban explorers.
Modern Interior Updates: The studio boasts an open-concept layout with ample natural light and a recently updated kitchen featuring stainless steel appliances and quartz countertops.
Valuable Community Amenities: Residents benefit from desirable on-site amenities including a community pool for relaxation and ample sitting areas throughout the complex.
Dedicated Garage Parking: The inclusion of a dedicated garage space is a significant advantage and highly sought-after amenity in a dense urban environment like Los Angeles.
Strong Investment Potential: The property's sales history demonstrates consistent appreciation, indicating a robust investment opportunity in a high-demand and growing market.
Cons
Limited Living Space: With only 368 square feet, the studio apartment offers very compact living quarters, which may not appeal to all buyers or those seeking more expansive space.
Building Age: Constructed in 1973, the building is older, which could potentially lead to higher maintenance costs or the need for future capital improvements to common areas and infrastructure.
Recurring Association Fees: The $338.0 monthly association fee represents a significant recurring cost that impacts the overall affordability and long-term financial commitment for ownership.