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Cherrie And Zach

[email protected] +1(661) 312-2536

$ 299,999

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525 S Ardmore AVE #222 Los Angeles, CA 90020

1 Bed

1 Bath

566 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 566 sqft

Price per Sqft $530

MLS Listing ID 26833027

Bedrooms 1

Full Baths 1

Construction Status Fixer,Repairs Cosmetic

HOA Fees $466/mo

HOA Y/N Yes

Year Built 1973

Lot Size 1.688 Acres

Property Sub-Type Condominium

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

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Heating Wall Furnace

Flooring Laminate

Fireplaces Type None

Furnishings Unfurnished

Fireplace No

Appliance Electric Cooktop

Laundry Common Area

Exterior

Parking Features Assigned

Garage Spaces 1.0

Garage Description 1.0

Pool Community, Association

Community Features Gated, Pool

Amenities Available Clubhouse, Pool

View Y/N No

View None

Total Parking Spaces 1

Private Pool No

Building

Story 1

Entry Level One

Sewer Other

Water Public

Architectural Style Traditional

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Cosmetic

Schools

School District Los Angeles Unified

Others

Pets Allowed Yes

Senior Community No

Tax ID 5503024095

Security Features Gated Community

Financing Cash,Conventional

Special Listing Condition Standard

Pets Allowed Yes

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Cesar Melendrez Jason Mitchell Real Estate Ca #01742638

Nearby Locations

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

Cherrie And Zach

525 S Ardmore AVE #222 Los Angeles, CA 90020

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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525 S Ardmore AVE #222