NOT LISTED FOR SALE

525 S Ardmore Ave Unit 259 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $286,000 - $410,000

-- Bed
1 Bath
381 Sq Ft
$255/mo HOA Fee

Last Sold February 19, 2020

Last sale price $288,000 $756 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,415/month

12 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Normandie Station
  • 1.69 Acre Lot
  • UCLA Community School Rated A-
  • City Lights View
  • Open Floorplan

About This Home

As of February 2020

PERFECT HOME FOR A PROFESSIONAL, SMALL FAMILY OR AN INVESTOR!
Located in the heart of korea-town within close proximity to downtown LA, Staples Center, USC and Hollywood. Minutes to 101 FWY and 10 FWY. Walking distance to Metro station, H Mart, CVS, tons of restaurants and shopping centers. Tastefully remodeled home with granite counter tops, brand new stainless steel refrigerator and oven, bright laminate floors and diamond lights in the kitchen and hallway. This condo is being sold fully furnished with all the appliances and decorations. Truly move-in ready. Community offers an outdoor Jacuzzi, dry sauna, gym, conference room and laundry. Secure complex with cameras and guard on site at night. The unit comes with an assigned parking spot in a secure gated garage.

Last Agent to Sell the Property

Kun Li

eXp Realty of California Inc License #02080091 Listed on: 01/06/2020

Co-Listed By

Lei Tong

eXp Realty of California Inc License #02021954

Last Buyer's Agent

Cyrus Khaledy

Coldwell Banker Realty License #01844064

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,773

Year Built

  • Built in 1973

Lot Details

  • 1.69

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • City Lights
  • Woods

Interior Spaces

  • 381 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Bar
  • Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 6657
  • Tax Tract Number 550302
  • Assessor Parcel Number 5503024132

Community Details

Overview

  • 175 Units
  • Apple Tree HOA

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse
  • Recreation Room
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,773

Year Built

Built in 1973

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024132
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 381.00 Square Feet
  • Interior Amenities: Bar, Open Floorplan, Pantry
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 755.91
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Stone Counters

Exterior Features

  • View: City Lights, Trees/Woods
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Community, Electric Dryer Hookup, Outside
  • Sewer: Other
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Sauna, Picnic Area, Gym/Ex Room, Clubhouse, Recreation Room
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Apple Tree HOA
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Apple Tree HOA

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 73442.00
  • Lot Size Acres: 1.6860

Multi Family

  • Lease Considered: No
  • Lot Size Area: 73442.0000 Square Feet
  • Number Of Units In Community: 175
  • Number Of Units Total: 175

Tax Info

  • Tax Lot: 6657
  • Tax Tract Number: 550302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Feb 11, 2020
Sold by
Zhou Yi and Yi Zhoo
Bought by
Khaledy Mohammad Cyrus
Seller's Agent
Kun Li
eXp Realty of California Inc
Buyer's Agent
Cyrus Khaledy
Coldwell Banker Realty
List Price
$295,000
Sold Price
$288,000
Premium/Discount to List
-$7,000
-2.37%
Total Days on Market
12
Current Estimated Value
$328,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,962
Avg. Annual Appreciation
2.54%
Original Mortgage
$199,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2018
Sold by
Hailemeskel Sehine and The Sehine Hailemeskel Living
Bought by
Yi Zhou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Hailemeskel Sehine and Meskel Sehine Haile
Bought by
The Sehine Hailemeskel Living Trust
Source: Public Records

Similar Homes in the area

  • 215 W 7th St Unit 411, Los Angeles, CA 90014

    $375,000

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft
    • 215 W 7th St
    • Unit 411
    • Los Angeles, CA

    Newly remodeled exterior facing unit in the historic Bartlett building with great views of the DTLA streetscape! Large original windows let in tons of light. Kitchen features ebony stain cabinets, tile backsplash and stainless steel appliances. Concrete floors abound throughout and bathroom boasts oversized soaking tub. Building is walking distance to Restaurant Row, Bottega Louie, Whole Foods,

    Rommy Shy Rommy Shy

    Section Image
  • 5414 Newcastle Ave Unit 10, Encino, CA 91316

    $349,500

    • 1 Bed
    • 1 Bath
    • 691 Sq Ft
    • 5414 Newcastle Ave
    • Unit 10
    • Encino, CA

    Seller says submit your offer!!! An amazing alternative to renting! This immaculate 1-bedroom, 1-bathroom with a versatile bonus space (can double as a second bedroom or office) seamlessly blends modern amenities with charm. Step inside to discover a beautifully remodeled interior, featuring updated materials and finishes. You’ll love the kitchen, complete with newer cabinetry, Quartz

    Stephanie Payab Berkshire Hathaway HomeServices California Properties

    Section Image
  • 421 S La Fayette Park Place Unit 212, Los Angeles, CA 90057

    $299,995

    • 1 Bed
    • 1 Bath
    • 715 Sq Ft
    • 421 S La Fayette Park Place
    • Unit 212
    • Los Angeles, CA

    Back on the market. Buyer couldn't perform. Investor's Dream. Conveniently located near Koreatown and DTLA. 1bed 1 bath. Closed to Restaurants, Park, Metro Station and Shopping plazas. 24 hour security, rooftop pool and hot tub with stunning 360 degree panoramic view of Los Angeles, Fitness center, Large laundry room. One designated parking. Balcony leads to Courtyard. This place needs work.

    Steve Suh Good Members Investment

    Section Image
  • 421 S La Fayette Park Place Unit 514, Los Angeles, CA 90057

    $299,888

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 421 S La Fayette Park Place
    • Unit 514
    • Los Angeles, CA

    Welcome to your serene urban oasis. This spacious, thoughtfully updated one-bedroom condo is one of the largest floor plans in the building and shares only one common wall for added privacy. The open-concept layout flows seamlessly from the renovated kitchen to the dining and living areas perfect for both daily living and entertaining. The kitchen features elegant granite counters, abundant

    Caroline Cagle Douglas Elliman of California, Inc.

    Section Image
  • 421 S La Fayette Park Place Unit 624, Los Angeles, CA 90057

    $399,000

    • 1 Bed
    • 1 Bath
    • 715 Sq Ft
    • 421 S La Fayette Park Place
    • Unit 624
    • Los Angeles, CA

    Enjoy modern design and city living in this updated 1-bed, 1-bath unit on the 6th floor of La Fayette Park Towers. The home features brand new laminate flooring and a sleek, contemporary interior.Upscale amenities include a rooftop pool, jacuzzi, BBQ area, fitness center, sauna, recreation room, and 24-hour security access. One gated, assigned parking space is included, and HOA covers water, gas,

    Chihwei Lu Pinnacle Real Estate Group

    Section Image
  • 421 S La Fayette Park Place Unit 711, Los Angeles, CA 90057

    $399,000

    • 1 Bed
    • 1 Bath
    • 715 Sq Ft
    • 421 S La Fayette Park Place
    • Unit 711
    • Los Angeles, CA

    Come and take a look at this remodeled PENTHOUSE UNIT!! This 1 bedroom unit has a new kitchen countertop with new dishwasher and new oven. The view of courtyard from the private balcony is breath taking. The bedroom is very generous size with plenty of closet space including coat closet in the living room. The complex has a rooftop pool and jacuzzi also fitness center that has many treadmills.

    Isaac Song Level Real Estate

    Section Image
  • 256 S La Fayette Park Place Unit 106, Los Angeles, CA 90057

    $339,000

    • 1 Bed
    • 1 Bath
    • 474 Sq Ft
    • 256 S La Fayette Park Place
    • Unit 106
    • Los Angeles, CA

    Charming & Rare 1-Bedroom Condo with Exceptionally Low HOA! Discover this super rare opportunity to own a bright and inviting 1-bedroom condo in the heart of Los Angeles, boasting one of the lowest HOA fees in the city at just $239.21/month! This beautifully maintained unit offers a stylish open-concept layout, featuring rich wood flooring, a light-filled kitchen with sleek stainless steel

    Steffan Kase Dream Realty & Investments Inc

    Section Image
  • 1118 Valencia St Unit 216, Los Angeles, CA 90015

    $389,000

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • 1118 Valencia St
    • Unit 216
    • Los Angeles, CA

    Welcome to this charming 1-bedroom condo situated in the highly desirable LA Live neighborhood. This move-in ready second-floor unit features a private balcony, providing the perfect spot to unwind. This gated HOA offers a secure environment, with gated parking and an assigned space for added convenience. Inside, you'll find all appliances included, and a washer and dryer for easy living.

    Stephanie Batzel Elevate Real Estate Agency

    Section Image
  • 645 W 9th St Unit 424, Los Angeles, CA 90015

    $400,000

    • 1 Bed
    • 1 Bath
    • 754 Sq Ft
    • 645 W 9th St
    • Unit 424
    • Los Angeles, CA

    Best priced unit in the building. Live/Work Loft at the Market Lofts, you will enjoy a contemporary lifestyle. This east-facing unit boasts a spacious balcony larger than the average for this size of unit, stainless steel appliances, an in-unit washer and dryer, and hardwood floors. The building offers an array of amenities, including a pool, gym, barbecue area, residents lounge, 24/7 security,

    Christiano Sampaio Loftway

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khaledy Mohammad Cyrus $288,000 Chicago Title Company
Yi Zhou $265,000 Ticor Title Company Of Calif
The Sehine Hailemeskel Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khaledy Mohammad Cyrus $76,800
Previous Owner Khaledy Mohammad Cyrus $199,000
Previous Owner Yi Zhou $198,750
Previous Owner Meskel Sehine Haile $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2020 02/19/20 Sold $288,000 -2.4% $756 / Sq Ft
01/06/2020 01/06/20 For Sale $295,000 +11.3% $774 / Sq Ft
05/02/2019 05/02/19 Sold $265,000 +3.9% $696 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $255,000 -- $669 / 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
2024 $3,773 $308,790 $107,219 $201,571
2023 $3,703 $302,736 $105,117 $197,619
2022 $3,531 $296,801 $103,056 $193,745
2021 $3,486 $290,983 $101,036 $189,947
2020 $3,309 $270,300 $107,100 $163,200
2019 $3,177 $265,000 $105,000 $160,000
2018 $902 $70,307 $31,514 $38,793
2016 $861 $67,580 $30,292 $37,288
2015 $849 $66,565 $29,837 $36,728
2014 $862 $65,262 $29,253 $36,009
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19282626

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-132