NOT LISTED FOR SALE

525 S Ardmore Ave Unit 357 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $270,000 - $402,000

1 Bed
1 Bath
384 Sq Ft
$255/mo HOA Fee

Last Sold January 06, 2021

Last sale price $264,000 $688 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,309/month

5 Days on Market

Highlights

  • Spa
  • 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 January 2021

Top Level condo situated in a breathtaking garden environment with lush flowers and trees Located in the prime location of the heart of Korea town/Wilshire Center. This studio type condo is conveniently close to restaurants and grocery stores, post office, and banks. Easy access to the Metro station purple line, bus lines 720,20,206, and major freeways. This home has a walk-score of 93 and a transit score of 83. The unit is located within a gated and secure complex with cameras and guard on site at night. Parking spot included! HOA fee includes water and trash, use of amenities such as gym, sauna, and recreational room.

Last Agent to Sell the Property

Charlene Hoang

Redfin Corporation License #01975534 Listed on: 12/02/2020

Redfin Corporation

Last Buyer's Agent

Stacey Phan

Redfin Corporation License #01867291

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1973

Lot Details

  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Common Roof

Interior Spaces

  • 384 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Family Room Off Kitchen
  • Laminate Flooring
  • City Lights Views
  • Pest Guard System
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Free-Standing Range
  • Range Hood
  • ENERGY STAR Qualified Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 23356
  • Assessor Parcel Number 5503024223

Community Details

Overview

  • 251 Units
  • Park Villas Condominium Association, Phone Number (213) 465-4858
  • Apple Tree Management HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,715

Year Built

Built in 1973

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5503024223
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 384.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Open Floorplan
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 687.50
  • Room Type: Kitchen
  • Spa Features: Community
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Remodeled, Vanity Area
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Cooktop, ENERGY STAR Qualified Appliances, Free-Standing Range, Range Hood, Refrigerator, Vented Exhaust Fan
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Maintenance Grounds, Trash, Water, Call for Rules, Hot Water
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Villas Condominium
  • Phone: 2134654858
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks, Street Lights, Urban
  • Association Management: Apple Tree Management

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Near Public Transit, Park Nearby, Walkstreet
  • 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: 251
  • 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 2, 2020
Closed on
Dec 30, 2020
Sold by
Gottfried Jana
Bought by
Holiday Sean Yomtobian and Holiday Sean Yomtobian
Seller's Agent
Charlene Hoang
Redfin Corporation
Buyer's Agent
Stacey Phan
Redfin Corporation
List Price
$264,000
Sold Price
$264,000
Current Estimated Value
$322,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,476
Avg. Annual Appreciation
3.32%

Purchase Details

Listed on
Mar 27, 2013
Closed on
May 22, 2013
Sold by
The California Housing Finance Agency
Bought by
Gottfried Jana
Seller's Agent
Brian Braunwart
Goodman Dean, Inc.
Buyer's Agent
Peter Stewart
KW Advisors
List Price
$109,000
Sold Price
$120,000
Premium/Discount to List
$11,000
10.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.90%

Purchase Details

Closed on
Jan 29, 2013
Sold by
Mazzei Melissa
Bought by
The California Housing Finance Agency

Purchase Details

Closed on
Sep 24, 2002
Sold by
Roberts Dolores J
Bought by
Roberts Dolores J and The Dolores J Roberts Revocabl

Purchase Details

Closed on
Oct 13, 2000
Sold by
Goldfarb Ofelia
Bought by
Mcgaughey Hadley B and Roberts Dolores J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,400
Interest Rate
7.86%

Purchase Details

Closed on
Aug 6, 1998
Sold by
Goldfarb Simon
Bought by
Goldfarb Ofelia

Purchase Details

Closed on
Jul 30, 1998
Sold by
Glendale Federal Bank Fsb
Bought by
Goldfarb Ofelia

Purchase Details

Closed on
Apr 20, 1998
Sold by
Goldfarb Simon and Goldfarb Ofelia C
Bought by
Glendale Federal Bank Fsb
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
Holiday Sean Yomtobian $264,000 Fidelity Natl Ttl Co Long Be
Gottfried Jana $120,000 Chicago Title Company
The California Housing Finance Agency $147,642 Orange Coast Title
Roberts Dolores J -- --
Mcgaughey Hadley B $48,000 Chicago Title
Goldfarb Ofelia -- Investors Title Company
Goldfarb Ofelia $17,000 Investors Title Company
Glendale Federal Bank Fsb $25,837 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mazzei Melissa $48,949
Previous Owner Mcgaughey Hadley B $38,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2021 01/06/21 Sold $264,000 0.0% $688 / Sq Ft
12/07/2020 12/07/20 Pending -- -- --
12/02/2020 12/02/20 For Sale $264,000 +120.0% $688 / Sq Ft
05/28/2013 05/28/13 Sold $120,000 +10.1% $313 / Sq Ft
05/07/2013 05/07/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $109,000 -- $284 / 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 $3,715 $285,759 $228,608 $57,151
2024 $3,715 $280,157 $224,126 $56,031
2023 $3,653 $274,665 $219,732 $54,933
2022 $3,498 $269,280 $215,424 $53,856
2021 $1,958 $136,513 $81,112 $55,401
2020 $1,974 $135,114 $80,281 $54,833
2019 $1,906 $132,465 $78,707 $53,758
2018 $1,920 $129,868 $77,164 $52,704
2016 $1,629 $124,826 $74,168 $50,658
2015 $1,607 $122,952 $73,054 $49,898
2014 $1,555 $120,544 $71,623 $48,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20248304

California Regional Multiple Listing Service (CRMLS)

APN: 5503-024-223