An Opportunity in the Heart of Koreatown: Style, Location, and Future Growth in One Perfect Package. Welcome to "Parc de la Villa", the BEST and most beautifully updated 1-bed, 1-bath home in the highly sought-after Park Villas community, where modern comfort meets one of the most rapidly evolving economic… Read More zones in all of Los Angeles. This is more than a home. This is your front-row seat to the future of LA. A Move-In Ready Sanctuary With Thoughtful Upgrades. Step inside and feel the refreshing brightness of all-new interior paint, paired with a layout that maximizes space, comfort, and style. Everything you need is already here: All appliances included: Stove, Refrigerator, Microwave, Dishwasher, Updated 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: Updated interiors, All appliances included, Oversized storage , Pool, spa & clubhouse, Steps from Koreatown nightlife Surrounded by massive economic growth Positioned perfectly for long-term appreciation Read Less
Property listed by Jason Mitchell Real Estate Ca, Cesar Melendrez 310-720-6627
Listing Snapshot
Days Online
46
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
566
Lot Size
1.69 Acres
Year Built
1973
MLS Number
25628591
Additional Details
Appliances & Equipment
Microwave
Building
Built in 1973, Living area: 566.0, Levels: One, Entry level: 2
Disclosures
CovenantsRestrictionsDisclosure
Exterior Features
Patio/Porch Features: RearPorch
Fireplaces
None
Floors
Laminate
Garage
1 spaces
Heating
WallFurnace
Home Owner's Association
Association Fee: $389, Fee Frequency: Monthly, Amenities: Clubhouse, ControlledAccess, Pool
Laundry
CommonArea
Lot
1.6881 acres
Parking
1 total parking spaces, Assigned, ControlledEntrance, CommunityStructure
Pets Policy
Allowed: Call
Pool
Association
Property
UpdatedRemodeled
Roof
Composition, Shingle
Security Features
KeyCardEntry
Sewer
SewerTapPaid
Taxes
Parcel Number: 5503024094, Zoning: LAR4
Utilities
Water Source: Public
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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