525 S Ardmore Avenue 320, Los Angeles, California 90020, Los Angeles, 90020 - 2 bed, 2 bath
ACTIVE$550,000
525 S Ardmore Avenue 320, Los Angeles, California 90020
2Beds
2Baths
914Sqft
73,473Lot
Year Built
1973
Close
-
List price
$550K
Original List price
$585K
Price/Sqft
$602
HOA
$397.1
Days on market
-
Sold On
-
MLS number
24425165
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Spa
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $550.0K(56th), sqft - 914(50th), beds - 2(50th), baths - 2(50th).
This top floor 2 bedroom, 2 bath unit in the heart of Koreatown is ready for a new owner. A north facing unit with an open living/dining room with a unique ceiling tile accent. Kitchen with stainless steel appliances. The dual ensuite masters have generous closet space. Cherrywood laminate flooring throughout. Fantastic central location. Garden type building has above ground Spa, central water fountain feature, club house with pool table and gym. Beautifully landscaped and conveniently located, The Park Villa is close to the purple metro line, Downtown Los Angeles, LACMA, and the Grove!
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
12/09/19
Sold
$481,000
07/17/14
Sold
$340,000
05/12/09
Sold
$183,000
08/15/02
Sold
$135,000
Condition Rating
Good
The property, built in 1973, presents as move-in ready with several key updates. The kitchen features modern stainless steel appliances, white shaker-style cabinets, and a subway tile backsplash, indicating a renovation likely within the last 5-15 years. The 'Cherrywood laminate flooring throughout' is also a significant and relatively recent update, contributing to a clean and contemporary feel in the main living areas. While the 'unique ceiling tile accent' and the bedroom's ceiling fan appear older, and the bathrooms are not extensively showcased as fully renovated, the major components like the kitchen and flooring are in good condition and meet current quality standards. The unit appears well-maintained with minimal wear and tear, aligning with the 'Good' score criteria for properties with updated components that are not a full recent renovation.
Pros & Cons
Pros
Prime Central Location: Situated in the heart of Koreatown, this property offers exceptional convenience with close proximity to the Purple Metro Line, Downtown Los Angeles, LACMA, and The Grove, enhancing its desirability and accessibility.
Comprehensive Building Amenities: The Park Villa provides a range of attractive amenities including an above-ground spa, central water fountain, clubhouse with a pool table, gym, and beautifully landscaped grounds, contributing to a desirable lifestyle.
Top Floor Unit: As a top-floor unit, it benefits from reduced noise from above, increased privacy, and often superior natural light compared to lower-level units.
Functional Dual Ensuite Layout: The unit features two ensuite master bedrooms, offering excellent privacy and flexibility, making it ideal for roommates, guests, or a dedicated home office setup.
Modern Kitchen Appliances: The kitchen is equipped with stainless steel appliances, providing a contemporary and functional space for cooking and entertaining.
Cons
Building Age: Constructed in 1973, the building's age may suggest older infrastructure or systems that could potentially require future maintenance, repairs, or special assessments.
Compact Living Space: At 914 square feet for a 2-bedroom, 2-bathroom unit, the living space is relatively compact, which might feel restrictive for some buyers or those requiring more expansive areas.
Significant Monthly Association Fee: The $397.1 monthly association fee represents a notable recurring expense that adds to the overall cost of homeownership and should be carefully considered in a buyer's budget.