$391,000
SOLD JUN 22, 2021

525 S Ardmore Ave Unit 301 Los Angeles, CA 90020

Koreatown Neighborhood
1 Bed
1 Bath
566 Sq Ft
$294/mo HOA Fee

Recently Sold

$691 Per Sq Ft

2% Below List Price

30 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Wilshire/Normandie Station
  • Heated Spa
  • UCLA Community School Rated A-
  • 24-Hour Security
  • Gated Parking

About This Home

As of June 2021

Welcome to this rare top floor corner unit located in the heart of Mid Wilshire yet minutes to gourmet hot spots or hop on the Purple Line to travel to Downtown or Beverly Hills. This top floor unit shares one common wall and features a large private outdoor balcony located high above the trees offering peace and tranquility from the city life. The unit features a spacious living and dining area with plenty of natural light, great recessed lighting, tiled floors, large master bed with hardwood floors, full bathroom and lots of closet space with plenty of storage. With a 92 walk score, leave your car behind and visit some of the best food in town, plenty of shopping on the world famous Wilshire Blvd, day spas, Purple Line, biking, parks, theaters and lovely Larchmont Village.

Last Agent to Sell the Property

Edward Arnez

Sotheby's International Realty License #01925912 Listed on: 04/16/2021

Sotheby's International Realty

Co-Listed By

Paula Reavlin

Equity Union License #01779600

Last Buyer's Agent

Jacob Choi

Real Broker License #01744435

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,059

Year Built

  • Built in 1973

Lot Details

  • East Facing Home
  • Gated Home

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Controlled Entrance

Property Views

  • City Lights
  • Woods
  • Trees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 566 Sq Ft Home
  • 1-Story Property
  • Vertical Blinds
  • Living Room
  • Dining Area
  • Intercom

Kitchen

  • Gas Oven
  • Range

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Outdoor Features

  • Heated Spa
  • Living Room Balcony
  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5503-024-135

Community Details

Overview

  • 175 Units
  • Maintained Community

Amenities

  • Recreation Room
  • Laundry Facilities
  • Community Mailbox
  • Elevator

Recreation

  • Fitness Center
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,059

Year Built

Built in 1973

Lot Details

0

HOA Fees

$294 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Park Villas
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 566
  • Lot Acreage: 1.6876
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 3
  • Year Built: 1973
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stone Tile, Tile, Hardwood
  • Appliances: Range, Oven-Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Elevator, Intercom
  • Price Per S Q F T: 694.35
  • Windows: Vertical Blinds

Exterior Features

  • Balcony: 1
  • Direction Faces: East
  • Patio: Living Room Balcony, Balcony
  • Pool: No
  • Spa: Community, Heated
  • Spa Yn: Yes
  • View: Trees/Woods, Tree Top, City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Controlled Entrance, Door Opener, Gated Underground, Gated, Covered Parking
  • Total Parking: 1

Utilities

  • Cooling: Wall Unit(s), Wall/Window
  • Heating: Forced Air
  • Security: Smoke Detector, Gated, Community, Carbon Monoxide Detector(s), 24 Hour
  • Sewer: In Street Paid
  • Water: District, Public

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Spa, Assoc Maintains Landscape, Assoc Pet Rules, Gated Parking, Elevator, Exercise Room, Fitness Center, Rec Multipurpose Rm
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 294.00
  • HOA: Yes
  • Unit Location: Top Corner

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5503-024-135
  • Lot Size Area: 73513

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2025
Sold by
Chung Edward T and Chung Michelle J
Bought by
E3m Trust and Chung
Current Estimated Value
$422,854

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 17, 2021
Sold by
Cruz Michelle
Bought by
Chung Edward
Seller's Agent
Edward Arnez
Sotheby's International Realty
Buyer's Agent
Jacob Choi
Real Broker
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.87%
Original Mortgage
$332,350
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 2, 2021
Sold by
Lu Yi Ping
Bought by
Chung Edward
Seller's Agent
Edward Arnez
Sotheby's International Realty
Buyer's Agent
Jacob Choi
Real Broker
List Price
$399,000
Sold Price
$391,000
Premium/Discount to List
-$8,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,350
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Dec 18, 2017
Sold by
Lam Brian
Bought by
Lu Y Ping
Seller's Agent
Margie Camacho
Century 21 Jervis & Associates
Buyer's Agent
Margie Camacho
Century 21 Jervis & Associates
List Price
$335,000
Sold Price
$335,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 4, 2017
Sold by
Mancilla Maria
Bought by
Lu Yi Ping
Seller's Agent
Margie Camacho
Century 21 Jervis & Associates
Buyer's Agent
Margie Camacho
Century 21 Jervis & Associates
List Price
$335,000
Sold Price
$335,000

Purchase Details

Closed on
Aug 15, 2016
Sold by
Cedillo Maria G
Bought by
Cedillo Maria G and Cedillo Revocable Trust

Purchase Details

Closed on
Dec 19, 2007
Sold by
Burns Patricia A
Bought by
Cedillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,300
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Interfamily Deed Transfer -- Clearmark Title
Grant Deed $391,000 Clearmark Title
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $335,000 Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $242,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $332,350 New Conventional
Previous Owner $126,000 New Conventional
Previous Owner $126,300 Purchase Money Mortgage
Previous Owner $7,500 Stand Alone Second
Previous Owner $73,466 Stand Alone Second
Previous Owner $45,993 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2021 06/22/21 Sold $391,000 -0.5% $691 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $393,000 -1.5% $694 / Sq Ft
04/21/2021 04/21/21 For Sale $399,000 0.0% $705 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $399,000 +19.1% $705 / Sq Ft
11/30/2017 11/30/17 Sold $335,000 0.0% $592 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $335,000 -- $592 / Sq Ft
Source: The MLS

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 $5,059 $423,228 $338,583 $84,645
2024 $5,059 $414,931 $331,945 $82,986
2023 $4,879 $406,796 $325,437 $81,359
2022 $4,651 $398,820 $319,056 $79,764
2021 $4,216 $352,143 $281,715 $70,428
2020 $4,259 $348,533 $278,827 $69,706
2019 $4,089 $341,700 $273,360 $68,340
2018 $4,079 $335,000 $268,000 $67,000
2017 $3,256 $273,880 $226,350 $47,530
2016 $3,174 $268,000 $191,000 $77,000
2015 $2,543 $215,000 $153,000 $62,000
2014 $2,804 $231,000 $164,000 $67,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Edward Arnez

    Sotheby's International Realty

    Section Image
  • Paula Reavlin

    Seller Co-Listing Agent in 2021

    Paula Reavlin

    Equity Union

    (310) 993-9167

    1 in this area

    46 Total Sales

    Paula Reavlin
    Section Image

  • J

    Buyer's Agent in 2021

    Jacob Choi

    Real Broker

  • Margie Camacho

    Seller's Agent in 2017

    Margie Camacho

    Century 21 Jervis & Associates

    (562) 305-0199

    50 Total Sales

    Margie Camacho
    Section Image
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Map

Source: The MLS

MLS Number: 21-718936

The MLS

APN: 5503-024-135

California Los Angeles County Los Angeles 90020 Koreatown

525 S Ardmore Ave Unit 301, Los Angeles, CA

This home is located at 525 S Ardmore Ave Unit 301, Los Angeles, CA 90020 and is currently priced at $391,000, approximately $690 per square foot. This property was built in 1973. 525 S Ardmore Ave Unit 301 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.

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