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525 South Ardmore Avenue

525 South Ardmore Avenue, Los Angeles, CA 90020
2 Units For Sale
Unit for sale at 525 S Ardmore Ave, Los Angeles, CA 90020

$588,888

  • 2 Beds
  • 2 Baths
  • 914 ft²
525 S Ardmore Ave #320, Los Angeles, CA 90020 Listing by Kristel Lopes-Crews

Unit for sale at 525 S Ardmore Avenue, Los Angeles, CA 90020

$299,999 In Contract

  • 1 Bed
  • 1 Bath
  • 368 ft²
525 S Ardmore Avenue #212, Los Angeles, CA 90020 Listing by Heather Thompson-Morera

525 South Ardmore Avenue is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 1955 and is 69 years old. The lot that the building was built on is 750 feet wide and 1,500 feet long. In total, 525 South Ardmore Avenue has a total floor area of 10,804 square feet. 525 South Ardmore Avenue has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 55 closings on record, of which we have matching data for 7 listings. In the past 3 years, a listing in this building will typically remain on the market for about 70 days and tend to sell below the original asking price of $299,000 by 3.01%. Meaning, listings tend to sell at a median of $769 price per square foot. The transaction that took the longest to complete was unit 207, listed on Apr 15, 2021 for $385,000. This particular unit ultimately sold 133 days later for $405,000. The most recent transaction was for unit 117, sold for $404,000 on Dec 30, 2021. Fun fact, the oldest transaction we have on record took place on Apr 10, 1995. See the full transaction history for 525 South Ardmore Avenue below.

Wilshire Center - Koreatown, where 525 South Ardmore Avenue is located, has a median asking price of $746,000 for condo buildings. Meanwhile, the building itself has a median asking price of $299,000. For interested buyers, that means the building's median asking price is around 0.60% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There are currently 2 active listings for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. Currently, the most expensive asking price for all of the active units in the building is $588,888. It is a 914 sqft 2 bedroom and 2 bathroom unit. Conversely, the least expensive asking price for all of the active units in the building is $299,999. It is a 368 sqft 1 bedroom and 1 bathroom unit. A breakdown of active listings shows no studio, 1 one-bedroom, 1 two-bedroom, no three-bedroom, and no four-bedroom plus units for sale! The median price of all the active units for sale in the building is $444,444. Collectively, the median square footage of these active units for sale is 641 sqft. Active units for sale at 525 South Ardmore Avenue are mostly 1.5-bedroom apartments Active units for sale at 525 South Ardmore Avenue have a median count of 1.5 bedrooms and have a median count of 1.5 bathrooms.

Building Features

Parking

Assigned Parking
Covered Parking
Garage Parking
Open Parking

Driveway

Driveway

Condition

New Construction
This property description is generated based on publicly available data.

29 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231213 Unit 256
12/13/2023
256
1 Bed
1 Bath
640 ft²
$450,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
640 ft²
-
-
-
Ekaterina Egorova
NextHome Grandview
20230519 Unit 324
05/19/2023
324
Studio
1 Bath
368 ft²
$315,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
-
-
-
Moon Jinny Kim
Keller Williams Downtown LA
20230512 Unit 256
05/12/2023
256
1 Bed
1 Bath
640 ft²
$390,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
640 ft²
-
-
-
Cesar Reinoso
Reinoso Properties
20221213 Unit 257
12/13/2022
257
Studio
1 Bath
381 ft²
$249,000
bedrooms
Studio
bathrooms
1 Bath
square feet
381 ft²
-
-
-
Jeff Russell
eXp Realty of California Inc
20221205 Unit 233
12/05/2022
233
Studio
1 Bath
381 ft²
$299,000
bedrooms
Studio
bathrooms
1 Bath
square feet
381 ft²
-
-
-
Timothy Xu
Compass
20220627 Unit 137
06/27/2022
137
Studio
1 Bath
371 ft²
$299,900
bedrooms
Studio
bathrooms
1 Bath
square feet
371 ft²
-
-
-
Jonathan Minerick
HOMECOIN.COM
20220203 Unit 351
02/03/2022
351
Studio
1 Bath
368 ft²
$294,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
-
-
-
Richard Schulman
Keller Williams Realty
20211206 Unit 316
12/06/2021
316
1 Bed
1 Bath
566 ft²
$398,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
-
-
-
Igal Bakshandeh
Rodeo Realty- Brentwood
20210826 Unit 103
08/26/2021
103
1 Bed
1 Bath
566 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
-
-
-
Suna Kim
Exp Realty
20211001 Unit 339
10/01/2021
339
Studio
1 Bath
368 ft²
$295,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
$275,000 -6.78%
12/10/2021
Lauren Yoon
Keller Williams Palos Verdes
20210907 Unit 144
09/07/2021
144
Studio
1 Bath
371 ft²
$299,000
bedrooms
Studio
bathrooms
1 Bath
square feet
371 ft²
$290,000 -3.01%
11/17/2021
Jeff Brandolino
Compass
20210514 Unit 235
05/14/2021
235
1 Bed
1 Bath
580 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
580 ft²
-
-
-
-
20210501 Unit 361
05/01/2021
361
Studio
1 Bath
400 ft²
$310,000
bedrooms
Studio
bathrooms
1 Bath
square feet
400 ft²
-
-
-
Diane Donaldson
Diane Donaldson
20210416 Unit 301
04/16/2021
301
1 Bed
1 Bath
566 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
$391,000 -2.01%
06/22/2021
Edward Arnez
20210415 Unit 207
04/15/2021
207
1 Bed
1 Bath
566 ft²
$385,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
$405,000 +5.19%
08/26/2021
Michael Lee
Lifetime Realty Inc
20210106 Unit 246
01/06/2021
246
Studio
1 Bath
381 ft²
$289,000
bedrooms
Studio
bathrooms
1 Bath
square feet
381 ft²
-
-
-
-
20210106 Unit 309
01/06/2021
309
1 Bed
1 Bath
566 ft²
$369,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
$380,000 +2.98%
02/18/2021
Sandra Joo
20201104 Unit 239
11/04/2020
239
Studio
1 Bath
368 ft²
$288,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
$274,000 -4.86%
01/13/2021
Lena Yoon
20200720 Unit 144
07/20/2020
144
Studio
1 Bath
371 ft²
$249,999
bedrooms
Studio
bathrooms
1 Bath
square feet
371 ft²
-
-
-
-
20200707 Unit 255
07/07/2020
255
Studio
1 Bath
371 ft²
$299,000
bedrooms
Studio
bathrooms
1 Bath
square feet
371 ft²
$289,000 -3.34%
09/30/2020
Casey Lins
20200227 Unit 334
02/27/2020
334
Studio
1 Bath
371 ft²
$269,000
bedrooms
Studio
bathrooms
1 Bath
square feet
371 ft²
-
-
-
-
20191009 Unit 203
10/09/2019
203
1 Bed
1 Bath
566 ft²
$310,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
-
-
-
-
20190722 Unit 258
07/22/2019
258
1 Bed
1 Bath
580 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
580 ft²
-
-
-
-
20190903 Unit 112
09/03/2019
112
Studio
1 Bath
368 ft²
$279,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
-
-
-
-
20190328 Unit 245
03/28/2019
245
Studio
1 Bath
368 ft²
$325,000
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
-
-
-
-
20190313 Unit 142
03/13/2019
142
1 Bed
1 Bath
580 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
580 ft²
-
-
-
-
20180515 Unit 324
05/15/2018
324
Studio
1 Bath
368 ft²
-
bedrooms
Studio
bathrooms
1 Bath
square feet
368 ft²
-
-
-
-
20180515
05/15/2018
1 Bed
1 Bath
580 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
580 ft²
-
-
-
-
20170902
09/02/2017
1 Bed
1 Bath
566 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
566 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Floor Count: 2
  • Living Units: 16
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,260
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 10,804
  • Gross Building Area: 10,804
  • Building Area: 10,804
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 10,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: WELLINGTON PLACE
  • Land Acres: 0.259
  • Legal Description 1: WELLINGTON PLACE N 45 FT OF LOT 40 AND S 30 FT OF LOT/SEC 41

Ownership

  • Current Owner : SHU DAVID H P
  • Current Owner 2: WIN SHU MAGDALENA H Y
  • Previous Owner : SHU ARTHUR AUNG WAI
  • Owner Before Previous Owner: WIN LAWRENCE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211802

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E1
  • Parcel: 5503-023-015
  • Lot: 40
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0648
  • Longitude: -118.303

    Address

  • Full Address: 525 S Kingsley Dr
  • Address - House Number: 525
  • Street Direction: S
  • Address - Street Name: Kingsley
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C014
  • 4-Digit Zip Code: 3528
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,563
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.1159
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 76
  • Final Value: 1,263,911
  • High Value: 1,410,413
  • Low Value: 1,117,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $483,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jan 15, 2002
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $483,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,289,188
  • Assessed Land Value: $737,747
  • Assessed Improvements Value: $551,441

    Sales

  • Current Sale Contract Date: May 02, 2016
  • Current Sale Recording Date: May 02, 2016
  • Current Sale Transaction ID: 1532413355
  • Current Sale Price: $240,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 16-0497741
  • Previous Sale Recording Date: Aug 08, 2008
  • Previous Sale Contract Date: Jul 10, 2008
  • Previous Sale Amount: $176,500
  • Previous Sale Document Type: unknown

About Central LA



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Frequently Asked Questions

What neighborhood is 525 South Ardmore Avenue located in?
The 525 South Ardmore Avenue is a condo located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
How many listings are currently for sale in 525 South Ardmore Avenue?
525 South Ardmore Avenue has a total of zero units in the building. There are two units for sale right now.
What is the average sales price for listings in 525 South Ardmore Avenue?
The average sales price for units in 525 South Ardmore Avenue is $299,000 , or $769/sqft. currently.

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