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$290,000
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Property Description
An Opportunity in the Heart of Koreatown: Style, Location, and Future Growth in One Perfect Package. Welcome to "Parc de la Villa", this 1-bed, 1-bath home in the highly sought-after Park Villas community, where modern comfort meets one of the most rapidly evolving economic zones in all of Los Angeles. This is more than a home. This is your front-row seat to the future of LA. Step inside and feel the refreshing brightness , paired with a layout that maximizes space, comfort, and style. Everything you need is already here: All appliances included: Stove, Refrigerator, Microwave, Dishwasher, refreshed bathroom with clean modern finishes. Oversized closets, offering rare storage space seldom found . An open inviting floor plan that makes the home feel much larger than its footprint . Whether you're a first-time buyer, investor, or someone seeking a centrally located LA residence, this unit checks every box. Resort-Style Living in the Middle of the City. Park Villas offers amenities that truly elevate daily living: Sparkling pool, Relaxing spa, Spacious clubhouse perfect for gatherings or remote work, convenience and urban vibrance all in one place. And the nightlife? You're just down the street from Break Room 86, the world-famous hidden karaoke bar known for its retro speakeasy vibe, performances & celebrity sightings. When friends ask where to go, your neighborhood becomes the destination. 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: All appliances , Oversized storage , Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth Positioned perfectly for long-term appreciation
Full Property Details
Full Property Details for 525 S Ardmore Ave #221
General
- Sold For: $290,000
- Status: Closed
- Type: Condo
- Source: CLAW
- MLS ID: 25628591
- Added to Site: 204 day(s) ago
Interior
- Rooms/Areas: Living Room
- Interior Features: Turnkey
- Furnishings: Unfurnished
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom Features: Remodeled
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Community
Additional Information
- Shared Amenities: Clubhouse, Controlled Access, Exercise Room, Fitness Center, Gated Community, Gated Parking, Pool
- Pool: Yes
- Pool Description: Association Pool
- Spa: Yes
- Spa Description: Association Spa
- Security/Safety: Card/Code Access, Community, Exterior Security Lights
Exterior
- Deck/Patio: Porch - Rear
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Garage Description: Assigned, Community Garage, Controlled Entrance
Location
- Area: Mid-Wilshire
- County: Los Angeles
- Complex: Park Villas Condominium Association
- Cross Streets: Wilshire Blvd & Ardmore Ave
- Driving Directions: Wilshire Blvd & Ardmore Ave
School Information
- School District: Los Angeles Unified
Community
- Pet Restrictions: Call
Heating & Cooling
- Cooling Type: Wall Unit(s)
- Heating Type: Wall
Utilities
- Sewer: In Connected and Paid
- Water: District
Structural Information
- Architectural Style: Contemporary
- Structure Type: Condominium
- Roof: Asphalt, Composition, Shingle
- Common Walls: Attached
- Entry Floor Number: 2
- Stories/Levels: 0
- Square Feet: 566
- Sq. Ft. Source: Assessor
- Year Built: 1973
- Year Built Source: Assessor
- Property Condition: Updated/Remodeled
- Other Struct. Feat.: Balcony
Unit Information
- Units in Complex: 176
Lot Features
- Property View: Tree Top, Walk Street
- Lot Size (Acres): 1.6881
- Lot Size: 73535
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: LAR4
Financial Considerations
- Price Per Sq. Ft.: $530.03
- Other Fee Freq.: Monthly
- Assessment Year: 1973
Disclosures and Reports
- Disclosures/Reports: Redevelopment Area, CC and R
- APN: 5503-024-094
Listed by Jason Mitchell Real Estate Ca, Cesar Melendrez
Sold by Sky Commercial Realty, Wolsoon Han
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Schools
Schools serving 525 S Ardmore Ave #221
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
UCLA Community School 700 South Mariposa Avenue, Los Angeles, CA 90005 | 9-12 | 0.5 mi |
Rfk Community Schools - Ambassador School - Global Education 3201 West 8th Street, Los Angeles, CA 90005 | K-5 | 0.6 mi |
Rfk Community Schools-New Open World Academy K-12 3201 W. Eighth St., Los Angeles, CA 90010 | K-8 | 0.6 mi |
Rfk Community Schools-Ambassador-Global Leadership 701 South Catalina Street, Los Angeles, CA 90005 | 6-8 | 0.5 mi |
Young Oak Kim Academy 615 Shatto Place, Los Angeles, CA 90005 | 6-8 | 0.7 mi |
Rfk Community Schools-Los Angeles High School Of The Arts 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.5 mi |
Rfk Community Schools- For The Visual Arts And Humanities 701 South Catalina Street, Los Angeles, CA 90005 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 525 S Ardmore Ave #221
Date
Details
Price
Change
Source
6/03/2026
Sold
$290,000
-3.33%
MLS
5/07/2026
Price Reduced
$299,999
-10.45%
MLS
4/14/2026
Price Reduced
$335,000
-5.63%
MLS
4/03/2026
Price Reduced
$355,000
-1.39%
MLS
1/13/2026
Price Reduced
$360,000
-7.69%
MLS
12/15/2025
Listed
$389,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
525 S Ardmore Ave #221, Los Angeles, CA 90020 (MLS# 25628591) is a Condo property that was sold at $290,000 on June 03, 2026. Want to learn more about 525 S Ardmore Ave #221? Do you have questions about finding other Condo real estate for sale in Mid-Wilshire? You can browse all Mid-Wilshire real estate or contact a Coldwell Banker agent to request more information.

