Active

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 : $299,999

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

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedrooms: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1 Half Baths: 0

    Water/Sewer

    Water Source: Public Sewer: Other
  • Interior Features

    Property Appliances: Electric Cooktop Fireplace: None Flooring: Laminate Furnished Description: Unfurnished
  • Heating Source

    Wall Furnace Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1973 Building Area Total: 566
  • Security Features

    Gated Community
  • Pool Features

    Community,Association

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 1.6881
  • Lot Size Source: Assessor Lot Size Square Feet: 73535

  • Listing Price Information

    Original List Price: 299,999 Listing Contract Date: 2026-05-12
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5503024095

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

    Pets Allowed: Yes Association: Yes Association Amenities: Clubhouse,Pool Association Fee: 466 AssociationFee Frequency: Monthly Calculated Total Monthly Association Fees: 466

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Postal Code Plus 4: 3305 Directions: Wilshire Blvd & Ardmore Ave Zoning: LAR4 Source Property Type: Residential Area: C17 - Mid-Wilshire Property SubType: Condominium
  • Building and Construction

    Property Age: 53 Common Walls: 1 Common Wall Property Condition: Fixer,Repairs Cosmetic Structure Type: Condominium Year Built Source: Assessor Total Square Feet Living: 566 Entry Level: 2 Property Attached: Yes Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

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436 S Virgil Avenue #209, Los Angeles, CA, 90020 $769,000 3 2 1,370 1,370 SqFt
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
435 S Virgil Avenue #209, Los Angeles, CA, 90020 $485,000 2 2 931 931 SqFt
424 S Westmoreland Aven.., Los Angeles, CA, 90020 $499,000 2 2 990 990 SqFt
424 S Westmoreland Aven.., Los Angeles, CA, 90020 $489,000 2 2 1,064 1,064 SqFt
3223 W 6th Street #1006, Los Angeles, CA, 90020 $850,000 2 2 1,770 1,770 SqFt
3223 W 6th Street #205, Los Angeles, CA, 90020 $749,000 2 2 1,690 1,690 SqFt
3223 W 6th Street #1005, Los Angeles, CA, 90020 $835,000 2 3 1,740 1,740 SqFt
3223 W 6th Street #605, Los Angeles, CA, 90020 $795,000 2 3 1,740 1,740 SqFt

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ByOwner last updated this listing 06/18/2026 @ 14:37

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

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