NOT LISTED FOR SALE

Park Villas 525 S Ardmore Ave Unit 338 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $249,000 - $310,000

-- Bed
1 Bath
381 Sq Ft
$295/mo HOA Fee

Last Sold August 02, 2024

Last sale price $298,000 $782 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,082/month

13 Days on Market

Highlights

  • Gated with Attendant
  • 5-minute walk to Wilshire/Normandie Station
  • Contemporary Architecture
  • UCLA Community School Rated A-
  • 1.69 Acre Lot
  • Courtyard Views

About This Home

As of August 2024

Great LOCATION in the heart of K-town: North of Wilshire blvd. Steps out to 6th street for restaurants, shops, market, and closed to Metro line. This cute STUDIO to be call your home in central location: mins to Hancock Park, DTLA, 10 freeway. In a quiet and secured building with lush garden with multiple outdoor space, onsite laundry, small gym, gated with onsite guard, assigned parking space. Studio provide 2 closets, laminate floor through out, Top floor & Corner Unit: bedroom with no shared wall, functional bathroom and kitchen. Own this cute pad to be your own home in the urban city life of L.A.

Last Agent to Sell the Property

Timothy Xu

Compass License #01703821 Listed on: 06/28/2024

Compass

Last Buyer's Agent

JW Baelly

WILSHIRE REAL ESTATE License #01865026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,533

Year Built

  • Built in 1973

Lot Details

  • 1.69

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 381 Sq Ft Home
  • 3-Story Property
  • Laminate Flooring
  • Courtyard Views
  • Oven or Range

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Garage Space

Utilities

  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 5503-024-171

Community Details

Overview

  • 175 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Laundry Facilities
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,533

Year Built

Built in 1973

Lot Details

0

HOA Fees

$295 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Park Villas
  • Entry Floor: 3
  • Living Area: 381
  • Lot Acreage: 1.6881
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 3
  • Year Built: 1973
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator
  • Price Per S Q F T: 787.14

Exterior Features

  • Pool: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car, Community Garage
  • Total Parking: 1

Utilities

  • Cooling: Wall Unit(s)
  • Security: Gated Community with Guard

Association/Amenities

  • Amenities: Gated Community Guard
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 294.80
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5503-024-171
  • Lot Size Area: 73535

Multi Family

  • Number Of Units: 175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 26, 2024
Sold by
Wang Shih-Sheng
Bought by
Jung Theresa
Seller's Agent
Timothy Xu
Compass
Buyer's Agent
JW Baelly
WILSHIRE REAL ESTATE
List Price
$299,900
Sold Price
$298,000
Premium/Discount to List
-$1,900
-0.63%
Views
32
Current Estimated Value
$291,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,400
Avg. Annual Appreciation
-1.95%
Original Mortgage
$150,000
Outstanding Balance
$146,377
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$145,223

Purchase Details

Listed on
Jun 28, 2024
Closed on
Jul 10, 2024
Sold by
Wang Shih-Sheng
Bought by
Jung Theresa
Seller's Agent
Timothy Xu
Compass
Buyer's Agent
JW Baelly
WILSHIRE REAL ESTATE
List Price
$299,900
Sold Price
$298,000
Premium/Discount to List
-$1,900
-0.63%
Views
32

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
Outstanding Balance
$146,377
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$145,223

Purchase Details

Closed on
Apr 21, 2008
Sold by
Sam Malene M
Bought by
Wang Shih Sheng

Purchase Details

Closed on
Mar 25, 2005
Sold by
Agudelo Evangeline S
Bought by
Sam Malene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jung Theresa $298,000 Orange Coast Title Company
Jung Theresa $298,000 Orange Coast Title Company
Wang Shih Sheng $165,000 Fidelity Van Nuys
Sam Malene M $150,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jung Theresa $150,000
Closed Jung Theresa $150,000
Previous Owner Sam Malene M $120,000
Closed Sam Malene M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $298,000 -0.6% $782 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $299,900 -- $787 / 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 $2,533 $298,000 $60,000 $238,000
2024 $2,533 $212,464 $151,304 $61,160
2023 $2,486 $208,299 $148,338 $59,961
2022 $2,371 $204,216 $145,430 $58,786
2021 $2,337 $200,213 $142,579 $57,634
2019 $2,264 $194,277 $138,351 $55,926
2018 $2,256 $190,469 $135,639 $54,830
2016 $2,082 $177,000 $126,000 $51,000
2015 $1,784 $152,000 $108,000 $44,000
2014 $1,651 $137,000 $97,600 $39,400
Source: Public Records

Agents Affiliated with this Home

  • Timothy Xu

    Seller's Agent in 2024

    Timothy Xu

    Compass

    (310) 227-1001

    5 in this area

    82 Total Sales

    Timothy Xu
    Section Image
  • JW Baelly

    Buyer's Agent in 2024

    JW Baelly

    WILSHIRE REAL ESTATE

    (818) 321-6373

    4 in this area

    9 Total Sales

    JW Baelly
    Section Image
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About Park Villas

Map

Source: The MLS

MLS Number: 24-408391

The MLS

APN: 5503-024-171

California Los Angeles County Los Angeles 90020 Koreatown

525 S Ardmore Ave Unit 338, Los Angeles, CA

This home is located at 525 S Ardmore Ave Unit 338, Los Angeles, CA 90020 since 28 June 2024 and is currently estimated at $291,600, approximately $765 per square foot. This property was built in 1973. 525 S Ardmore Ave Unit 338 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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