NOT LISTED FOR SALE

525 S Ardmore Ave Unit 108 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $381,000 - $405,692

1 Bed
1 Bath
566 Sq Ft
$309/mo HOA Fee

Last Sold November 01, 2023

Last sale price $410,000 $724 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,907/month

88 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Normandie Station
  • Quartz Countertops
  • UCLA Community School Rated A-
  • 1.69 Acre Lot
  • Community Spa

About This Home

As of November 2023

Welcome to this stunning, move-in ready one-bedroom, one-bathroom condo located in the heart of Koreatown, Los Angeles. This modern living space has been meticulously updated with an upgraded kitchen featuring quartz countertops, stainless steel appliances, and ample cabinet space.

The living room and bedroom feature AC and heater units, ensuring that you're always comfortable no matter the season. The bedroom boasts a large walk-in closet and coat closet, providing plenty of space to store your belongings. You'll also love the charming patio, perfect for relaxing and enjoying the warm California weather.

The building amenities include an on-site laundry facility, fitness center, and a dedicated parking spot in the building’s gated garage.

Located in a highly walkable location, you'll have easy access to some of the best nightlife, restaurants, and shopping in the city. You're just minutes from Downtown Los Angeles, Silver Lake, Hollywood, and Beverly Hills, allowing you to experience everything Los Angeles has to offer. Public transportation is also easily accessible, with the Normandie and Vermont Metro Stations nearby, along with easy freeway access to the 10 and 101.

If you're looking for a modern, move-in ready condo in a vibrant neighborhood, look no further. This stunning one-bedroom unit in Koreatown is ready for you to call it home.

Last Agent to Sell the Property

Trina Paparella

Caliber Property Management License #01378558 Listed on: 06/14/2023

Last Buyer's Agent

anne chu

Keller Williams Los Angeles License #02076274

Keller Williams Los Angeles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 566 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Gas Oven
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom
  • Quartz Bathroom Countertops
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024026

Community Details

Overview

  • 175 Units
  • Park Villas Condominiums Association, Phone Number (213) 465-4858
  • Apple Tree Management HOA

Amenities

  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,999

Year Built

Built in 1973

Lot Details

0

HOA Fees

$309 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024026
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 566.00 Square Feet
  • Interior Amenities: Quartz Counters, Recessed Lighting, Unfurnished
  • Stories: 3
  • Entry Location: First Level
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full And Three Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 724.38
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower, Exhaust Fan(s), Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Cooktop, Gas Oven, Microwave, Refrigerator
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Gym/Ex Room
  • Association Fee: 309.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Villas Condominiums
  • Phone: 2134654858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Apple Tree Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73441.00
  • Lot Size Acres: 1.6860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73441.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 23356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Umana Perla and Ramirez Perla Umana
Bought by
Chun Kyung Mee and Chun Chang Kyu
Current Estimated Value
$394,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Outstanding Balance
$292,249
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$119,438

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 5, 2023
Sold by
Paparella Sabrina
Bought by
Umana Perla
Seller's Agent
Trina Paparella
Caliber Property Management
Buyer's Agent
anne chu
Keller Williams Los Angeles
List Price
$410,000
Sold Price
$410,000
Views
219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.25%
Original Mortgage
$95,286
Interest Rate
7.19%

Purchase Details

Closed on
Aug 22, 2020
Sold by
Acevedo Angelica
Bought by
Paparella Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,600
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2019
Sold by
525 S Ardmore Llc
Bought by
Acevedo Angelica

Purchase Details

Closed on
Dec 21, 2018
Sold by
Acevedo Angelica and Bertha Chavez Living Trust
Bought by
525 S Ardmore Llc

Purchase Details

Closed on
Apr 2, 2015
Sold by
Chavez Bertha
Bought by
Chavez Bertha and Bertha Chavez Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 19, 2014
Sold by
Chavez Bertha
Bought by
Chavez Bertha and The Bertha Chavez Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chun Kyung Mee $390,000 Title Forward Of California
Umana Perla $410,000 Wfg National Title
Paparella Sabrina $387,000 Stewart Title Company Of Ca
Acevedo Angelica -- Stewart Title Company Of Ca
Acevedo Angelica -- None Available
525 S Ardmore Llc -- None Available
Chavez Bertha -- Fidelity National Title
Chavez Bertha -- Fidelity National Title Co
Chavez Bertha -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Kyung Mee $292,500
Previous Owner Umana Perla $95,286
Previous Owner Umana Perla $272,000
Previous Owner Paparella Sabrina $309,600
Previous Owner Chavez Bertha $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $410,000 0.0% $724 / Sq Ft
09/10/2023 09/10/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $410,000 0.0% $724 / Sq Ft
09/05/2023 09/05/23 For Sale $410,000 -2.4% $724 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
06/14/2023 06/14/23 For Sale $420,000 +8.5% $742 / Sq Ft
11/03/2020 11/03/20 Sold $387,000 -3.2% $684 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $399,999 0.0% $707 / Sq Ft
07/01/2017 07/01/17 Rented $1,500 0.0% --
12/01/2016 12/01/16 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,999 $410,000 $310,200 $99,800
2023 $4,914 $402,633 $322,107 $80,526
2022 $4,685 $394,740 $315,792 $78,948
2021 $4,625 $387,000 $309,600 $77,400
2020 $1,391 $109,601 $51,143 $58,458
2019 $1,338 $107,453 $50,141 $57,312
2018 $1,332 $105,347 $49,158 $56,189
2016 $1,271 $101,258 $47,250 $54,008
2015 $1,253 $99,738 $46,541 $53,197
2014 $1,266 $97,785 $45,630 $52,155
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG23098248

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-026