CnC Realty
1 / 4

$289,000

525 S Ardmore Avenue #222

Los Angeles, CA 90020

Active

1

Beds

1

Baths

566

Sq. Ft.

1973

Year Built

Los Angeles

County

Condominium

Property Type

About this home

An Opportunity in the Heart of Koreatown. ***FIXER*** A Prime Location Surrounded by Multi-Billion-Dollar Growth , Owning real estate in Koreatown and the broader 90012 Downtown LA corridor has always been smart. But the next three years are expected to be transformational. Several major economic engines are driving long-term value appreciation:1. 670 Mesquit A $1.4 Billion Mega Project Currently under construction, this mixed-use destination will include: Luxury apartments, Office space, Retail hotel , Large-scale developments like this historically elevate surrounding home values by boosting foot traffic, infrastructure, and desirability. 2. Massive Transit & Mobility Upgrades To prepare for global event sand to improve LA's urban coreseveral transportation projects are underway: Purple (D Line) Subway Extension, improving access across LA Dodger Stadium, Gondola (LA Aerial Rapid Transit) a $500 million rapid-access system , Major pedestrian cycling, & street corridor improvements along Figueroa, Olympic, and other key streets. Enhanced transportation = increased housing demand = long-term equity. 3. LA Convention Center Expansion. A major expansion projected to add $150M+ annually in business activity, creating job growth and attracting international events. 4. Early Build-Up for the 2028 Olympic Games, Although the Games are in 2028, 2026 is primed for peak preparation, including: Upgrades to Crypto.com Arena and the Peacock Theater , Metro's Games Enhanced Transit Service (GETS) with new zero-emission buses and new shuttle routes .Park-and-ride systems flowing directly through downtown. The LA economy is expected to generate billions in revenue between 2024-2029 due to Olympic-related activity. Why This Matters for You as a Buyer when you buy in Koreatown today, you're not just buying a home, you're buying into one of LA's strongest appreciation cycles. Housing near: Billion-dollar new developments , Major transit expansion, Olympic-driven improvements, Revitalized entertainment, hubs typically sees the highest property-value growth and strongest long-term demand. And with Park Villas' amenities, updates, and unbeatable location, "Parc de la Villa" stands out as a high-value, future-proof investment. Your Home. Your Lifestyle. Your Smartest Investment Yet. This unit gives you: Chance to re-design your own custom finishes, purchase under market value, A Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth. Positioned perfectly for long-term appreciation

Listed by Cesar Melendrez · DRE #01742638 · Jason Mitchell Real Estate Ca
MLS #1159924790
ListedMay 12, 2026

Property Details

Architecture

Stories1
StyleTraditional
Total Units176
RoofN/A
Garage Spaces1
PoolN/A
SpaAssociation

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringLaminate
CoolingN/A
HeatingWall Furnace
FireplaceNone
LaundryCommon Area
Parking FeaturesAssigned
Parking Total1
Patio & PorchN/A
Entry Level2
Entry LocationN/A
Common WallsOne Common Wall

Property Features

Lot Size1.69 ac
Lot FeaturesN/A
ViewNone
DirectionsWilshire Blvd & Ardmore Ave

Community

AreaC17 - Mid-Wilshire
School DistrictLos Angeles Unified

Tax & Financial

TermsN/A
Land LeaseNo
HOA NameN/A
HOA Fee$466 / Monthly

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Mortgage Estimate

$1,538/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 5:45 PM

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