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Shannon Guiragossian

shannongrealestate@gmail.com +1(760) 537-9002

$ 299,999

Est. payment | -/mo

1 Bed

1 Bath

566 SqFt

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$ 299,999

Est. payment | -/mo

Save Virtual Tour

1 Bed

1 Bath

566 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 566 sqft

Price per Sqft $530

MLS Listing ID 25628591

Style Contemporary

Bedrooms 1

Full Baths 1

Construction Status Updated/Remodeled

HOA Fees $466/mo

HOA Y/N Yes

Year Built 1973

Lot Size 1.688 Acres

Acres 1.6881

Property Sub-Type Condo

Property Description

An Opportunity in the Heart of Koreatown: Style, Location, and Future Growth in One Perfect Package. Welcome to "Parc de la Villa", this 1-bed, 1-bath home in the highly sought-after Park Villas community, where modern comfort meets one of the most rapidly evolving economic zones in all of Los Angeles. This is more than a home. This is your front-row seat to the future of LA. Step inside and feel the refreshing brightness , paired with a layout that maximizes space, comfort, and style. Everything you need is already here: All appliances included: Stove, Refrigerator, Microwave, Dishwasher, refreshed bathroom with clean modern finishes. Oversized closets, offering rare storage space seldom found . An open inviting floor plan that makes the home feel much larger than its footprint . Whether you're a first-time buyer, investor, or someone seeking a centrally located LA residence, this unit checks every box. Resort-Style Living in the Middle of the City. Park Villas offers amenities that truly elevate daily living: Sparkling pool, Relaxing spa, Spacious clubhouse perfect for gatherings or remote work, convenience and urban vibrance all in one place. And the nightlife? You're just down the street from Break Room 86, the world-famous hidden karaoke bar known for its retro speakeasy vibe, performances & celebrity sightings. When friends ask where to go, your neighborhood becomes the destination. 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: All appliances , Oversized storage , Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth Positioned perfectly for long-term appreciation

Location

State CA

County Los Angeles

Area Mid-Wilshire

Building/Complex Name Park Villas Condominium Association

Zoning LAR4

Rooms

Dining Room 0

Kitchen Remodeled

Interior

Interior Features Turnkey

Heating Wall

Cooling Wall Unit(s)

Flooring Laminate

Fireplaces Type None

Equipment Microwave

Laundry Community

Exterior

Parking Features Assigned, Community Garage, Controlled Entrance

Garage Spaces 1.0

Pool Association Pool

Amenities Available Clubhouse, Controlled Access, Exercise Room, Fitness Center, Gated Community, Gated Parking, Pool

View Y/N Yes

View Tree Top, Walk Street

Roof Type Asphalt, Composition, Shingle

Building

Sewer In Connected and Paid

Water District

Architectural Style Contemporary

Level or Stories One

Construction Status Updated/Remodeled

Schools

School District Los Angeles Unified

Others

Special Listing Condition Standard

Pets Allowed Call

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Jason Mitchell Real Estate Ca

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