NOT LISTED FOR SALE

112 N Serrano Ave Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,542,000 - $1,808,767

4 Beds
2 Baths
2,250 Sq Ft
$756/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $1,460,000 $649 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,706/month

17 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • No HOA
  • UCLA Community School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of March 2022

Great location in a quiet neighborhood, California Craftsman style single family home in Koreatown, adjacent to Hancock Park and Larchmont neighborhoods. This home has 4 bedrooms and 2 bathrooms with one of the bedrooms connected to a kitchenette perfect to be used as an in-law suite, that opens up to a bright sunroom overlooking the large fruit trees. The home has beautiful wide plank crown molding. Large formal dining room and separate breakfast nook by the kitchen. The very long drive-way can park several cars and it leads to a separate entrance to the 1 bedroom + 1 bathroom converted garage, currently rents for $1,240/mo. The backyard has mature fruit trees with lots of oranges, lemons and persimmons. You are minutes away from restaurants, museums, Larchmont Village, Koreatown, DTLA, Hollywood, West LA, Santa Monica and freeways. Buyer to do their own due diligence on permitted/unpermitted space. Needs TLC. Home sold as-is, where is.

Last Agent to Sell the Property

Annie Lee

Keller Williams Larchmont License #02083123 Listed on: 02/03/2022

Keller Williams Larchmont

Co-Listed By

Kyujoon Lee

Keller Williams Larchmont License #01333409

Last Buyer's Agent

Michael Wells

Compass License #02082649

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,653

Year Built

  • Built in 1916

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR1

Parking

  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Breakfast Area or Nook
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5517-011-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,653

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 2250
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Stories: 1
  • Year Built: 1916
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 590.67

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5517-011-023
  • Lot Size Area: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 4, 2022
Sold by
Andrew Lee
Bought by
Dickie Thomas
Seller's Agent
Annie Lee
Keller Williams Larchmont
Buyer's Agent
Michael Wells
Compass
List Price
$1,329,000
Sold Price
$1,460,000
Premium/Discount to List
$131,000
9.86%
Current Estimated Value
$1,679,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,555
Avg. Annual Appreciation
4.57%
Original Mortgage
$931,000
Outstanding Balance
$871,449
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$828,743

Purchase Details

Closed on
Nov 17, 1998
Sold by
Trust Sakaguchi Hisashi Tr Sakaguchi Fam and Sakaguchi Thomas
Bought by
Lee Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
6.42%

Purchase Details

Closed on
Feb 8, 1995
Sold by
Sakaguchi Hisashi
Bought by
Sakaguchi Hisashi and The Sakaguchi Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Dickie Thomas $1,460,000 Pacific Coast Title
Lee Andrew $227,000 Stewart Title
Sakaguchi Hisashi -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickie Thomas $931,000
Previous Owner Lee Andrew $419,900
Previous Owner Lee Andrew $84,000
Previous Owner Lee Andrew $416,000
Previous Owner Lee Andrew $163,000
Previous Owner Lee Andrew $307,546
Previous Owner Lee Andrew $51,000
Previous Owner Lee Andrew $300,700
Previous Owner Lee Andrew $100,000
Previous Owner Lee Andrew $60,000
Previous Owner Lee Andrew $204,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $1,460,000 +9.9% $649 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,329,000 -- $591 / Sq Ft
Source: The MLS

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 $18,653 $1,549,361 $1,239,490 $309,871
2024 $18,653 $1,518,983 $1,215,187 $303,796
2023 $18,295 $1,489,200 $1,191,360 $297,840
2022 $4,340 $335,325 $268,266 $67,059
2021 $4,276 $328,751 $263,006 $65,745
2019 $4,155 $319,002 $255,206 $63,796
2018 $4,018 $312,748 $250,202 $62,546
2016 $3,826 $300,606 $240,488 $60,118
2015 $3,773 $296,091 $236,876 $59,215
2014 $3,796 $290,292 $232,236 $58,056
Source: Public Records

Agents Affiliated with this Home

  • Annie Lee

    Seller's Agent in 2022

    Annie Lee

    Keller Williams Larchmont

    (213) 219-6354

    13 in this area

    31 Total Sales

    Section Image
  • Kyujoon Lee

    Seller Co-Listing Agent in 2022

    Kyujoon Lee

    Keller Williams Larchmont

    (213) 435-3333

    13 in this area

    30 Total Sales

    Section Image
  • Michael Wells

    Buyer's Agent in 2022

    Michael Wells

    Compass

    (310) 595-0251

    3 in this area

    34 Total Sales

    Section Image
  • Ryan Sypek

    Buyer Co-Listing Agent in 2022

    Ryan Sypek

    Compass

    (323) 422-2422

    3 in this area

    89 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 22-123695

The MLS

APN: 5517-011-023

California Los Angeles County Los Angeles 90004 Koreatown

112 N Serrano Ave, Los Angeles, CA

This home is located at 112 N Serrano Ave, Los Angeles, CA 90004 since 03 February 2022 and is currently estimated at $1,700,192, approximately $755 per square foot. This property was built in 1916. 112 N Serrano Ave is a home located in Los Angeles County with nearby schools including Cahuenga Elementary School, UCLA Community School, and Virgil Middle School.

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