Seller's Agent in 2025
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
(909) 906-0114
2 in this area
63 Total Sales
Park Villas 525 S Ardmore Ave Unit 146 Los Angeles, CA 90020
Koreatown Neighborhood
--
Bed
1
Bath
381
Sq Ft
$291/mo
HOA Fee
Highlights
- Fitness Center
- 5-minute walk to Wilshire/Normandie Station
- Spa
- UCLA Community School Rated A-
- 24-Hour Security
- All Bedrooms Downstairs
About This Home
As of January 2025LOCATION, LOCATION, LOCATION!!! Looking for an amazing location in the heart of K-town? Urban city life is only steps away, you can enjoy the night life, restaurants, shops, market places, and you are only minutes aways from the Metro line. This upgraded and well cared for STUDIO can be your home: mins to Hancock Park, DTLA, 10 freeway. This is a quiet and secure building with lush garden plants, beautiful flowers, and an outdoor relaxing fountain area and patio sitting area. There are multiple outdoor spaces to enjoy. The property has an onsite laundry facility, fitness room, sauna room, jacuzzi, gated assigned parking, gated building with onsite guard, elevators, conference room and walking paths. The studio provides 2 closets, laminate wood flooring throughout, and newer kitchen cabinets. This is a much sought after downstairs unit with a private balcony. Trash/sewer, gas and water is included in the HOA.
Last Agent to Sell the Property
LIGHTHOUSE REALTY ASSOC INC Brokerage Phone: 909-906-0114 License #01401508 Listed on: 09/17/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,847
Year Built
- Built in 1973
Lot Details
- Two or More Common Walls
- Density is up to 1 Unit/Acre
HOA Fees
- $291 Monthly HOA Fees
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Turnkey
- Brick Foundation
Interior Spaces
- 381 Sq Ft Home
- 3-Story Property
- Blinds
- Sliding Doors
- Living Room
- Family or Dining Combination
- City Lights Views
- Security Lights
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Breakfast Bar
- Electric Oven
- Electric Range
- Stone Countertops
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- All Bedrooms Down
- 1 Full Bathroom
- Walk-in Shower
Parking
- Parking Available
- Covered Parking
- Assigned Parking
- Controlled Entrance
- Community Parking Structure
Outdoor Features
- Spa
- Deck
- Patio
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Sewer Paid
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 23356
- Assessor Parcel Number 5503024060
- $72 per year additional tax assessments
Community Details
Overview
- Front Yard Maintenance
- 175 Units
- Park Villas Association, Phone Number (213) 465-4858
- Maintained Community
Amenities
- Picnic Area
- Meeting Room
- Recreation Room
- Laundry Facilities
Recreation
- Fitness Center
- Community Spa
Security
- 24-Hour Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Dec 5, 2024
Sold by
Calle Maria Emerita
Bought by
Jihun Kim Family Trust and Kim
Seller's Agent
Karen Urrutia
LIGHTHOUSE REALTY ASSOC INC
Buyer's Agent
Isaac Song
Level Real Estate
List Price
$315,000
Sold Price
$295,000
Premium/Discount to List
-$20,000
-6.35%
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,114
Avg. Annual Appreciation
2.26%
Original Mortgage
$236,000
Outstanding Balance
$234,162
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$65,952
Purchase Details
Closed on
Dec 30, 2002
Sold by
Adriano Adrian Ace
Bought by
Sanchez John E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,100
Interest Rate
6.06%
Purchase Details
Closed on
Oct 11, 2000
Sold by
Kosal Robert G
Bought by
Adriano Adrian Ace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,650
Interest Rate
7.86%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $295,000 | Monarch Title | |
| Grant Deed | $69,000 | Equity Title | |
| Interfamily Deed Transfer | -- | Equity Title | |
| Grant Deed | $45,000 | Benefit Land Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $236,000 | New Conventional | |
| Previous Owner | $62,100 | No Value Available | |
| Previous Owner | $43,650 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/02/2025 01/02/25 | Sold | $295,000 | -3.3% | $774 / Sq Ft | |
| 11/23/2024 11/23/24 | Pending | -- | -- | -- | |
| 11/14/2024 11/14/24 | Price Changed | $305,000 | -3.2% | $801 / Sq Ft | |
| 09/17/2024 09/17/24 | For Sale | $315,000 | 0.0% | $827 / Sq Ft | |
| 09/18/2023 09/18/23 | Sold | $315,000 | 0.0% | $827 / Sq Ft | View Prior Sale |
| 08/10/2023 08/10/23 | Pending | -- | -- | -- | |
| 07/24/2023 07/24/23 | For Sale | $315,000 | -- | $827 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,847 | $321,300 | $252,756 | $68,544 |
| 2024 | $3,847 | $315,000 | $247,800 | $67,200 |
| 2023 | $1,224 | $96,030 | $26,439 | $69,591 |
| 2022 | $1,169 | $94,148 | $25,921 | $68,227 |
| 2021 | $1,151 | $92,303 | $25,413 | $66,890 |
| 2019 | $1,117 | $89,567 | $24,660 | $64,907 |
| 2018 | $1,112 | $87,812 | $24,177 | $63,635 |
| 2016 | $1,062 | $84,404 | $23,239 | $61,165 |
| 2015 | $1,047 | $83,137 | $22,890 | $60,247 |
| 2014 | $1,060 | $81,509 | $22,442 | $59,067 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Urrutia
-
Isaac Song
Buyer's Agent in 2025
Isaac Song
Level Real Estate
(213) 268-9576
15 in this area
44 Total Sales
-
Dante Keshishyan
Seller's Agent in 2023
Dante Keshishyan
Blackstone Realty & Mngmt Inc.
(818) 257-2166
1 in this area
18 Total Sales
About Park Villas
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV24189416
APN: 5503-024-060
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Based on information from California Regional Multiple Listing Service, Inc. 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
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