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525 S Ardmore Avenue 257, Los Angeles, California 90020, Los Angeles, 90020 - bed, 1 bath

525 S Ardmore Avenue 257, Los Angeles, California 90020 home-pic-0
ACTIVE$299,000
525 S Ardmore Avenue 257, Los Angeles, California 90020
0Bed
1Bath
381Sqft
73,535Lot
Year Built
1973
Close
-
List price
$299K
Original List price
$299K
Price/Sqft
$785
HOA
$338
Days on market
-
Sold On
-
MLS number
SR25148330
Home ConditionGood
Features
Pool
Spa
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $299.0K(4th), sqft - 381(4th), beds - undefined(8th), baths - 1(40th).

Welcome to 525 South Ardmore Avenue #257, a stylish and efficiently designed studio condo nestled in the vibrant heart of Koreatown. Offering 381 square feet of well-utilized living space, this bright and inviting unit is perfect for first-time buyers, investors, or anyone seeking a low-maintenance urban lifestyle. The open layout provides a flexible living area with ample natural light and a full bathroom, all within a secure, well-maintained community. Residents enjoy a host of desirable amenities, including a sparkling swimming pool ideal for relaxing or unwinding on warm Los Angeles days, and a fully equipped exercise room for maintaining an active lifestyle—all without ever leaving the building. Located in one of LA’s most dynamic neighborhoods, you’re just moments away from Koreatown’s renowned restaurants, cafés, markets, nightlife, and public transportation, making this a prime location for both convenience and culture. Don’t miss this opportunity to own a piece of the city in a community that truly has it all.

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
01/27/23
Sold
$280,000
04/18/14
Sold
$142,000
04/01/13
Sold
$100,001
07/07/10
Sold
$89,500
Condition Rating
Good
Despite being built in 1973, this studio condo appears to have undergone significant updates, making it move-in ready. The kitchen features newer stainless steel appliances, white shaker-style cabinets, and quartz-like countertops, though the mosaic backsplash and floor tile suggest the renovation is likely 5-15 years old rather than brand new. The living area boasts updated hardwood laminate flooring and fresh paint. While the wall-mounted AC unit is not central air and the building's common areas show some age, the unit itself is well-maintained and does not require immediate renovations, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Koreatown Location: Nestled in the vibrant heart of Koreatown, the property offers unparalleled access to renowned restaurants, cafés, markets, nightlife, and cultural attractions, appealing to those seeking a dynamic urban lifestyle.
Comprehensive Building Amenities: Residents benefit from desirable on-site amenities including a sparkling swimming pool and a fully equipped exercise room, enhancing convenience and quality of life within a secure, well-maintained community.
Affordable Entry Point: With a list price of $299,000, this studio condo presents a relatively accessible opportunity for first-time buyers or investors to enter the competitive Los Angeles real estate market.
Strong Public Transportation Access: The location provides excellent access to public transportation, a significant advantage in Los Angeles for commuting and exploring the city without reliance on a personal vehicle.
Efficiently Designed Living Space: The 381 square foot studio is described as stylish and efficiently designed, featuring an open layout with ample natural light that maximizes the utility and appeal of a compact urban unit.

Cons

Limited Living Space: At only 381 square feet, the studio offers very compact living quarters, which may be a significant drawback for buyers seeking more spacious accommodations or long-term residency.
High Monthly Association Fees: The $338 monthly association fee is substantial for a unit of this size and price point, adding a considerable recurring cost that impacts overall affordability and ownership expenses.
Age of Building: Built in 1973, the building is over 50 years old. While described as well-maintained, an older structure can potentially lead to higher future maintenance assessments or infrastructure concerns for the HOA.

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