525 S Ardmore Avenue #222Los Angeles, CA 90020

Condo/Townhouse · 1 Bed · 1 Full Bath · 566 Sq. ft. | 1.69 Acres
$289,000 Active

525 S Ardmore Avenue #222 Overview

Time on Site:
48 days
Visits:
0

An Opportunity in the Heart of Koreatown. ***FIXER*** 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: Chance to re-design your own custom finishes, purchase under market value, A Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth. Positio

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525 S Ardmore Avenue #222 Facts & Features

  • Type Condo/Townhouse
  • Sq. ft. 566
  • Price/Sq.ft. $511
  • Lot 1.69 Acres

Details

General

Association/HOA

  • Association Amenities: Clubhouse,Pool,Gated
  • Association Fee: 466
  • Association Fee Frequency: Monthly

School Information

  • School District: Los Angeles Unified

Building Information

  • Year Built: 1973

Location/Region

  • Country: US
  • County Or Parish: Los Angeles

Community/Development

  • Number Of Units In Community: 176

General Information

  • Parcel Number: 5503024095
  • Property Condition: Fixer
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Zoning: LAR4

Interior

Parking Information

  • Garage Spaces: 1
  • Garage: false

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Partial: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Building Area Source: Assessor Agent-Fill
  • Building Area Total: 566
  • Building Area Units: Square Feet

General Information

  • Appliances: Electric Range
  • Fireplace Features: None
  • Fireplace: false
  • Flooring: Laminate
  • Interior Features: Den
  • Laundry Features: Common Area
  • Levels: One Story
  • Living Area: 566
  • Living Area Units: Square Feet
  • Spa Features: Heated
  • Spa: true
  • Stories: 1

Unit Information

  • Unit Number: 222

Exterior

Parking Information

  • Parking Features: Assigned
  • Parking Total: 1

Lot Information

  • Lot Size Acres: 1.6881
  • Lot Size Area: 1.6881
  • Lot Size Square Feet: 73535
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Traditional
    • Attached Garage: false

    General Information

    • Carport: false
    • Covered Spaces: 1
    • Pool Private: false

    525 S Ardmore Avenue #222 Neighborhood

    Community

    90020 (Los Angeles) Demographics

    36
    Median Age
    34,828
    Population Density (per sq. mile)
    50%
    College Educated
    $50,207
    Estimated Median Income
    1,599
    Estimated Total Home Owners
    15,465
    Estimated Total Renters
    9% / 91%
    Estimated Owner / Renter Divide
    2
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    525 S Ardmore Avenue #222 Monthly Cost

    $
    $ %
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    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    525 S Ardmore Avenue #222 Market Data

    Based on the last 30 days in this zip code

    $1,752,810
    Average List Price
    $955
    Average Price per Square Foot
    3
    Properties Sold
    78
    Average Days on Market
    186
    Properties for Sale
    Calculations provided by Reliance Network

    525 S Ardmore Avenue #222 History

    Date Event Value Agent
    6/29/2026Source: bridgeMLS Price Reduction
    $289,000 -3.7%
    6/29/2026Source: CRMLS Price Reduction
    $289,000 -3.7%
    6/15/2026Source: bridgeMLS Status Change
    Active
    6/15/2026Source: CRMLS Status Change
    Active
    6/11/2026Source: CRMLS Status Change
    Active Under Contract
    6/11/2026Source: bridgeMLS Status Change
    Active - Contingent
    5/13/2026Source: bridgeMLS Added to Database
    May 13, 2026
    5/12/2026Source: CRMLS Added to Database
    May 12, 2026
    Listing provided courtesy of Jason Mitchell Real Estate Ca- MLS# CL26833027MLS Provider