525 S Ardmore Avenue 351
Los Angeles, CA, 90020
$310,000
MLS: 26656939
Beds
0
Baths
1
Sq Ft
368
Lot
1.69 ac
Year Built
1973
MLS #
26656939
Days on Market
41
Listed
Feb 26, 2026
Description
Welcome to refined, resort-style living in the vibrant heart of Koreatown. This beautifully maintained studio condominium with one full bathroom is truly move-in ready an exceptional opportunity for first-time buyers or discerning investors seeking strong rental potential. This property is located in a census tract designated as a High Cost Area. For the first time homebuyers (FTHBs) with income under $11,350/mo, the High Cost Area Purchase Program offers up to $9,552 in agency credits for an interest rate buydown. From the moment you step inside, skylights along the hallway bathe the interior in natural light, creating a bright and welcoming ambiance. The courtyard-facing studio offers a thoughtfully designed open-concept layout that maximizes both comfort and functionality. A standout feature of the living space is the oversized window fitted with a dual-direction (top-down/bottom-up) blind system, allowing you to invite in abundant natural light while maintaining optimal privacy an ideal balance of brightness and discretion. The living area flows effortlessly into the tastefully upgraded kitchen and bathroom, each remodeled with modern finishes to support stylish yet practical everyday living. Durable laminate flooring extends throughout the unit, adding warmth and continuity to the space, while the community patio provides a serene outdoor retreat perfect for relaxation. Residents enjoy an impressive array of resort-inspired amenities with low monthly HOA dues, including a spa, sauna, fitness center, conference room, community laundry facilities, secure gated entry, and on-site security cameras. One assigned parking space is included for added convenience. Ideally located just minutes from Koreatown's renowned BBQ restaurants, trendy cafes and bars, and everyday grocery stores, this residence offers the perfect blend of location, lifestyle, and long-term value. Don't miss this opportunity to own a piece of Koreatown at its finest.
Location
Los Angeles, Los Angeles County, CA 90020
Open on Google Maps ↗Listed by: Amber Seo Campos · New Star Realty
Payment estimate
$2,453
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $31,000 · Loan: $279,000
- Principal & Interest
- $1,714
- Property tax (1.25%)
- $323
- Homeowners insurance
- $300
- Mortgage insurance
- $116
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $10,850 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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