Active Under Contract

525 S Ardmore Avenue #222

Los Angeles, CA 90020
Mark as Favorite
Bed 1

Bed

Bath 1

Bath

SqFt566

Sqft

SqFt73,535

Sqft(Lot)

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. Positioned perfectly for long-term appreciation

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Detail Ic Property Details

Property Type : Residential

Price : $289,000

AD Id : 83742484

MLS Id : 26833027

Beds : 1

Lot Size : 73,535 Sqft

Living Area Size : 566

Year Built : 1973

Garage : 1

County : Los Angeles

  • Map Map

Map

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Flooring Information

    Laminate
  • Interior Features

    Appliances: ElectricCooktop
    Laundry Features: CommonArea
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace

  • Building Information

    Year Built: 1973
    Building Area Total: 566
    Stories: 1
    Pool Features: Community, Association
    Private Pool: No
    View: None
    Association Fee Frequency: Monthly

  • Lot Information

    Main Square Feet: 73535 Lot Size Acres: 1.6881 Lot Size Source: Assessor Lot Size Square Feet: 73,535

  • Listing Price Information

    Listing Price: $289000
    Original Price: $299999

  • Tax Information

    Parcel Number: 5503024095

  • Parking Information

    Parking Total: 1 Assigned

    Garage Information

    Has Garage: Yes Garage Space: 1 Pets Allowed: Yes

    Homeowners Association Information

    Has Association: Yes
    HOA: $466.00
    Association Amenities: Clubhouse, Pool
    Community Features: Gated, Pool

  • Location Information

    Direction: Wilshire Blvd & Ardmore Ave WaterSource: Public Security Features: GatedCommunity
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Nearby Home Value

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436 S Virgil Avenue #PH7, Los Angeles, CA, 90020 $859,000 3 2 1,411 1,411 SqFt
436 S Virgil Avenue #408, Los Angeles, CA, 90020 $823,000 3 2 1,360 1,360 SqFt
424 S Westmoreland Aven.., Los Angeles, CA, 90020 $499,000 2 2 990 990 SqFt
417 S Westmoreland Aven.., Los Angeles, CA, 90020 $699,000 3 2 1,380 1,380 SqFt
456 Shatto Place #18, Los Angeles, CA, 90020 $750,000 3 3 1,259 1,259 SqFt
3223 W 6th #312, Los Angeles, CA, 90020 $599,000 1 1 1,130 1,130 SqFt
3223 W 6th Street #1006, Los Angeles, CA, 90020 $850,000 2 3 1,770 1,770 SqFt
3223 W 6th Street #1005, Los Angeles, CA, 90020 $799,900 2 3 1,740 1,740 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 20:54

MLS: 26833027 LISTED BY: Cesar Melendrez, Jason Mitchell Real Estate Ca 310-720-6627 SOURCE: CRMLS

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