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- Property Details
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Listed by: Cesar Melendrez (310) 729-8387 DRE #01742638 | Jason Mitchell Real Estate Ca (310) 720-6627
$265,000
Monthly Est:$1,319
1 Bed
- 1 Bath
1 full bath
566sqft
525 S Ardmore Ave #222, Los Angeles, CA 90020
$265,000
$1,319/moEst:
Get Pre-Approved
Condominium
Built in 1973
$466/mo HOA
1.69 acres lot
$468/sq.ft
Description
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
- Houzeo last checked: 3 hours ago
- Listing updated: October 28, 2026 at 6:12 pm
- Source: California Regional MLS-CA | MLS#: 26833027

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
1
County
City
Neighborhood
Year Built
1973
HOA Fees
$466/mo
Finished Area
566 sqft
Lot Size
1.69 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26833027
MLS Status
Active
Days on Market
169

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Location
HOA Management
N/A
HOA Fees
$466/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Club House
Pool
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Heating
Wall Furnace
Sewer
Other
Flooring
Laminate
Appliances
Electric Cooktop
Construction
Year Built
Year Built: 1973
Home type
Condominium
Property Condition
Fixer, Repairs Cosmetic
Architectural Style
Traditional
Utilities & Energy
Laundry Features
Common Area
Security Features
Gated Community
Pool Features
Community, Association
Parking Features
Assigned
Association Amenities
Clubhouse, Pool
Water Source
Public
Fireplace Features
None
Other Features
Community Features
Gated, Pool
Disclosures
Covenants Restrictions Disclosure
Price History
| Date | Event | Price |
|---|---|---|
07/22/2026 Source: | Contingent (Active Under Contract) | $289,000 $511/sqft |
06/29/2026 Source: | Listed for Sale | $289,000 -3.67% $511/sqft |
06/11/2026 Source: | Contingent (Active Under Contract) | $299,999 $530/sqft |
05/12/2026 Source: | Price Increased | $299,999 +13.21% $530/sqft |
05/12/2026 Source: | Price Change | $265,000 $468/sqft |
Getting Around 525 S Ardmore Ave
Bike Score®
Bikeable
59/100
Walk Score®
Walker's Paradise
94/100
Transit Score®
Excellent Transit
80/100
Data provided by Redfin
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 29, 2026, 06:30AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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