NOT LISTED FOR SALE

525 S Ardmore Ave Unit 257 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $291,000 - $298,416

-- Bed
1 Bath
381 Sq Ft
$221/mo HOA Fee

Last Sold January 27, 2023

Last sale price $280,000 $735 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,132/month

16 Days on Market

Highlights

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

About This Home

As of January 2023

Studio located in the heart of Korea Town in Los Angeles. Features include large closets, a full bathroom, and a bar countertop with room for stools. The building features,  features a gym, recreation room, laundry, hot tub, fountain, and a courtyard. Easy access to freeways, DTLA, Los Feliz, Silverlake, Hollywood, and Hancock Park.

Last Agent to Sell the Property

Jeff Russell

eXp Realty of California Inc License #01275750 Listed on: 12/13/2022

eXp Realty of California Inc

Last Buyer's Agent

Sillas Cho

The Global Brokerage Inc. License #02165414

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,774

Year Built

  • Built in 1973

Lot Details

  • 1.69

HOA Fees

  • $221 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Public Parking
  • Parking Available

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1 Full Bathroom
  • 381 Sq Ft Home
  • 3-Story Property
  • Home Gym
  • Disposal
  • Wood Flooring
  • Laundry Room

Outdoor Features

  • Spa
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024130

Community Details

Overview

  • 175 Units
  • Park Villas Condominium Association Inc. Association, Phone Number (213) 465-4858

Amenities

  • Sauna
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,774

Year Built

Built in 1973

Lot Details

0

HOA Fees

$221 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LAR4
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024130
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 381.00 Square Feet
  • Interior Amenities: Elevator
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 734.91
  • Room Type: Exercise Room
  • Spa Features: Association

Exterior Features

  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Public
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Gym/Ex Room, Call for Rules
  • Association Fee: 221.25
  • Association Fee Frequency: Monthly
  • Association Name: Park Villas Condominium Association Inc.
  • Phone: (213) 465-4858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Park Villas Condominium Association Inc.

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73513.00
  • Lot Size Acres: 1.6876

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73513.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2118.02
  • Tax Lot: 1
  • Tax Tract Number: 23356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2022
Closed on
Jan 25, 2023
Sold by
Cooley Daniel Joseph
Bought by
Vieira Valero Alejandro Jose
Seller's Agent
Jeff Russell
eXp Realty of California Inc
Buyer's Agent
Sillas Cho
The Global Brokerage Inc.
List Price
$249,000
Sold Price
$280,000
Premium/Discount to List
$31,000
12.45%
Views
122
Current Estimated Value
$295,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,354
Avg. Annual Appreciation
1.17%
Original Mortgage
$224,000
Outstanding Balance
$216,946
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$71,753

Purchase Details

Listed on
Dec 13, 2022
Closed on
Dec 30, 2022
Sold by
Irrevocable Braclia Levy Trust
Bought by
Vieira Valero Alejandro Jose
Seller's Agent
Jeff Russell
eXp Realty of California Inc
Buyer's Agent
Sillas Cho
The Global Brokerage Inc.
List Price
$249,000
Sold Price
$280,000
Premium/Discount to List
$31,000
12.45%
Views
122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$216,946
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$71,753

Purchase Details

Listed on
Jan 21, 2014
Closed on
Apr 14, 2014
Sold by
Nedjathaiem Michel
Bought by
Levy Bracha
Seller's Agent
Sam Solaimani
Coldwell Banker Realty
Buyer's Agent
Hana Ishak
List Price
$149,000
Sold Price
$142,000
Premium/Discount to List
-$7,000
-4.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
Mar 15, 2013
Closed on
Mar 26, 2013
Sold by
Cremat Claire Marie Adriano
Bought by
Nedjathalem Michael
Seller's Agent
Janelle A. Parra
Janelle Adeloga A. Parra
Buyer's Agent
Janelle A. Parra
Janelle Adeloga A. Parra
List Price
$95,000
Sold Price
$100,000
Premium/Discount to List
$5,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.65%

Purchase Details

Closed on
Jun 30, 2010
Sold by
Cremat Arnold Maque
Bought by
Cremat Claire Marie Adriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,310
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2010
Sold by
Klass Kathie
Bought by
Cremat Claire Marie Adriano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,310
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 26, 2001
Sold by
Mitchell Joyce and Lisker Testamentary T Robert B
Bought by
Klass Kathie
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
Vieira Valero Alejandro Jose -- Fidelity National Title
Vieira Valero Alejandro Jose $280,000 Fidelity National Title
Levy Bracha $142,000 Equity Title Company
Nedjathalem Michael $100,001 Old Republic Title Co La
Cremat Claire Marie Adriano -- Ticor Title Company
Cremat Claire Marie Adriano $89,500 Ticor Title Company
Klass Kathie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vieira Valero Alejandro Jose $224,000
Previous Owner Cremat Claire Marie Adriano $88,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $280,000 +12.4% $735 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/13/2022 12/13/22 For Sale $249,000 +75.4% $654 / Sq Ft
04/18/2014 04/18/14 Sold $142,000 -4.7% $373 / Sq Ft
04/10/2014 04/10/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $149,000 +49.0% $391 / Sq Ft
04/01/2013 04/01/13 Sold $100,000 +5.3% $262 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
03/15/2013 03/15/13 For Sale $95,000 -- $249 / Sq Ft
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
2025 $3,774 $291,312 $104,040 $187,272
2024 $3,774 $285,600 $102,000 $183,600
2023 $2,496 $202,148 $69,307 $132,841
2022 $1,984 $164,024 $36,960 $127,064
2021 $1,956 $160,809 $36,236 $124,573
2019 $1,898 $156,041 $35,162 $120,879
2018 $1,891 $152,982 $34,473 $118,509
2016 $1,808 $147,044 $33,136 $113,908
2015 $1,782 $144,836 $32,639 $112,197
2014 $1,291 $100,453 $51,834 $48,619
Source: Public Records

Agents Affiliated with this Home

  • Jeff Russell

    Seller's Agent in 2023

    Jeff Russell

    eXp Realty of California Inc

    (877) 222-2599

    1 in this area

    113 Total Sales

    Jeff Russell
    Section Image

  • S

    Buyer's Agent in 2023

    Sillas Cho

    The Global Brokerage Inc.

    (818) 293-7002

    1 in this area

    1 Total Sale

    Sillas Cho
    Section Image
  • Sunny Narang

    Buyer Co-Listing Agent in 2023

    Sunny Narang

    Real Brokerage Technologies Inc

    (951) 207-1998

    1 in this area

    268 Total Sales

    Sunny Narang
    Section Image

  • S

    Seller's Agent in 2014

    Sam Solaimani

    Coldwell Banker Realty

    Section Image

  • H

    Buyer's Agent in 2014

    Hana Ishak

  • J

    Seller's Agent in 2013

    Janelle A. Parra

    Janelle Adeloga A. Parra

    (626) 960-7614

    Janelle A. Parra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22252620

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-130

California Los Angeles County Los Angeles 90020 Koreatown

525 S Ardmore Ave Unit 257, Los Angeles, CA

This home is located at 525 S Ardmore Ave Unit 257, Los Angeles, CA 90020 since 13 December 2022 and is currently estimated at $295,354, approximately $775 per square foot. This property was built in 1973. 525 S Ardmore Ave Unit 257 is a home located in Los Angeles County with nearby schools including UCLA Community School, Young Oak Kim Academy, and Rfk Community Schools-Ambassador-Global Leadership.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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