NOT LISTED FOR SALE

1046 S Serrano Ave Unit 505 Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $780,000 - $951,000

2 Beds
2 Baths
1,340 Sq Ft
$458/mo HOA Fee

Last Sold February 05, 2024

Last sale price $870,000 $649 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,990/month

43 Days on Market

Highlights

  • Fitness Center
  • 0.29 Acre Lot
  • Security Service
  • City Lights View
  • Den
  • Laundry Room

About This Home

As of February 2024

************************************CORNER PENTHOUSE & PRIVATE ROOFTOP****************************A den to 3rd Bedroom or office, Custom-Designed Two-Story Luxury Corner Penthouse with Rooftop in Serrano Villa. This Modern, Spacious Condo offers Open Floor Plan Living and a Loft Area with direct access to a Private Rooftop boasting unobstructed view of Los Angeles, and an additional Private Walk Out Patio from the Master Bedroom. Extra-High Ceilings, Customized Window Coverings, and Over-sized Windows fills the Living space with Natural light, the loft window has a view of the Downtown LA Skyline. Gated Two side-by-side Parking spots are designated to the unit (one of very few non-tandem spots). Kitchen Island, Quartz Countertops, Subway-tiled Backsplash, Stainless Steel Appliances, Recessed light and Modern Gray color Floors throughout. Built in 2017, this quiet 20 unit building includes amenities such as Gym, Guest Parking, EV charge, Key-fob Access, Surveillance Camera, and Well-kept Condo Association. Conveniently located in a vibrant neighborhood within 5 minute walking distance to Galleria Shopping Center and many Restaurants and Cafes that are highly rated, national banks, and 5-10 minutes drive to Downton LA, Crypto Arena(Staples Center), Natural History Museum, Walt Disney Concert Hall, 10 Fwy, 5 Fwy, 110 Fwy, 101Fwy.

Last Agent to Sell the Property

Hannah Lim

Hana Realty & Investments License #01278919 Listed on: 11/18/2023

Last Buyer's Agent

Hannah Lim

Hana Realty & Investments License #01278919 Listed on: 11/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,813

Year Built

  • Built in 2017

Lot Details

  • 0.29

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Den
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69149
  • Assessor Parcel Number 5080017106

Community Details

Overview

  • 20 Units
  • Serrano Villa Association, Phone Number (213) 381-9550
  • First Choice Realty & Mgt HOA

Recreation

  • Fitness Center

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,813

Year Built

Built in 2017

Lot Details

0

HOA Fees

$458 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5080017106
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1340.00 Square Feet
  • Stories: 2
  • Entry Location: front of building
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 649.25
  • Room Type: All Bedrooms Down, Den

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Security
  • Association Fee: 458.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Villa
  • Phone: 213-381-9550
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: First Choice Realty & MGT

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12421.00
  • Lot Size Acres: 0.2851

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12421.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 2132.01
  • Tax Lot: 1
  • Tax Tract Number: 69149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 22, 2024
Sold by
Jang David and Jang Josephine
Bought by
Moon Kevin and Min Young Ah
Seller's Agent
Hannah Lim
Hana Realty & Investments
Buyer's Agent
Hannah Lim
Hana Realty & Investments
List Price
$872,000
Sold Price
$870,000
Premium/Discount to List
-$2,000
-0.23%
Views
27
Current Estimated Value
$845,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,072
Avg. Annual Appreciation
-1.65%
Original Mortgage
$652,500
Outstanding Balance
$641,606
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$206,817

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 10, 2021
Sold by
Jang Jinwon
Bought by
Jang David and Dongbang Josephine
Seller's Agent
Jin Song
Universal Commercial Realty
Buyer's Agent
Jin Song
Universal Commercial Realty
List Price
$819,000
Sold Price
$835,000
Premium/Discount to List
$16,000
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2016
Sold by
1046 Serrano Villa Llc
Bought by
Jang Jinwon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.66%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moon Kevin $870,000 California Best Title
Jang David $838,000 California Best Title Co
Jang Jinwon $635,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Kevin $652,500
Previous Owner Jang David $548,250
Previous Owner Jang Jinwon $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $870,000 -0.2% $649 / Sq Ft
11/18/2023 11/18/23 For Sale $872,000 +4.4% $651 / Sq Ft
06/11/2021 06/11/21 Sold $835,000 +2.0% $623 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $819,000 -- $611 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,813 $887,400 $173,400 $714,000
2024 $10,813 $889,290 $427,878 $461,412
2023 $10,605 $871,854 $419,489 $452,365
2022 $10,109 $854,760 $411,264 $443,496
2021 $8,053 $680,845 $204,253 $476,592
2020 $8,135 $673,865 $202,159 $471,706
2019 $7,808 $660,653 $198,196 $462,457
2018 $7,801 $647,700 $194,310 $453,390
2017 $0 $635,000 $190,500 $444,500
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hannah Lim

    Hana Realty & Investments

    (714) 323-5599

    1 in this area

    13 Total Sales

    Section Image

  • J

    Seller's Agent in 2021

    Jin Song

    Universal Commercial Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23213856

California Regional Multiple Listing Service (CRMLS)

APN: 5080-017-106

California Los Angeles County Los Angeles 90006 Harvard Heights

1046 S Serrano Ave Unit 505, Los Angeles, CA

This home is located at 1046 S Serrano Ave Unit 505, Los Angeles, CA 90006 since 18 November 2023 and is currently estimated at $848,423, approximately $633 per square foot. This property was built in 2017. 1046 S Serrano Ave Unit 505 is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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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