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525 S Ardmore Ave , #222

Los Angeles, CA 90020
  • $289,000
  • STATUS: Active
  • ON SITE: 122 Days
  • MLS #: 26833027
UPDATED: 55 min ago
$289,000
  • 1
    BEDS
  • 1.69
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 566
    SQFT
  • $511
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1973
County:
Area:

School Ratings & Info

School District:

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

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-09-12T11:43:05.853. 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.
www.desertarealuxuryhomes.com/homes/176383984
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525 S Ardmore Ave , #222 Los Angeles, CA 90020

  • Price: $289,000
  • Status: Active
  • On Site: 122 Days
  • Updated: 55 min ago
  • MLS #: 26833027
1
Beds
1
Baths
0
½ Baths
1.69
Acres
566
SQFT
$511
$/SQFT
1973
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
School District:
Los Angeles Unified
Property 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
Exterior Features

Building Type CondominiumAttached Covered Parking 1 Horse YN No Levels One Lot Size Area 73535 Parking Garage Assigned Pool Description Community Pool YN Yes Spa Association Spa Spa YN Yes Style Traditional Total Parking 1 View Description None View YN No Water Frontage None

Interior Features

Common Walls Attached Cooking Appliances Cooktop - ElectricElectric Cooling Wall Unit(s) Den Yes Dining Room No Equipment None Family Room No Fireplace Rooms None Flooring Laminate Furnished Unfurnished Heating Wall Laundry Community One Quarter Baths 0 Rooms Den

Property Features

Amenities PoolGated CommunityClubhouseFitness Center Association Pet Rules Assoc Pet RulesYes Available For Lease No Complex Name Park Villas Condominium Association Disclosures CC and R Entry Floor Number 2 Hoa Fee Frequency1 Monthly Hoa Fee1 466.00 Hoa Yn Yes Land Lease Purchase YN No Land Lease Type Fee Lease Option No Number Of Units 176 Planned Urban Development No Property Condition FixerRepair Cosmetic Property Sub Type Condominium Sale Type Standard Security Features Gated Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Unit Floor In Building 2 Water District Year Built Source Assessor Zoning LAR4

Listing provided courtesy of Cesar Melendrez DRE#01742638 of Jason Mitchell Real Estate Ca: 310-720-6627.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2026-09-12T11:43:05.853. 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.
 
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