NOT LISTED FOR SALE

1138 S Serrano Ave Unit 302 Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $759,000 - $981,000

3 Beds
2 Baths
1,470 Sq Ft
$500/mo HOA Fee

Last Sold August 01, 2023

Last sale price $800,000 $544 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,718/month

15 Days on Market

Highlights

  • Gourmet Kitchen
  • Automatic Gate
  • Open Floorplan
  • Primary Bedroom Suite
  • City Lights View
  • Contemporary Architecture

About This Home

As of August 2023

One of the most elegant Mediterranean style condominiums in the heart of Los Angeles in Korea-town. Luxurious single level unit is located in the NE corner and Top floor. Features are an open floor plan with 9ft high ceilings, hardwood floor, crown molding all throughout. Spacious living room balcony with private treetop view, the kitchen boasts an open design with granite counter tops, modern gourmet gas range and ample cabinets. Your master suite and bedrooms include customary designed closets, not to mention each with the largest windows one can only imagine. Heatable Floor Room(3rd Floor Only). Rare two cars side by side parking. Your complex is very well maintained with controlled gates and secured main entrance doors and guest parking spaces. The grounds of this community are well maintained and have a great outdoor rooftop with views of all around Los Angeles!

Last Agent to Sell the Property

Sukyoung Lee

Redpoint Realty License #01891854 Listed on: 06/12/2023

Last Buyer's Agent

Sukyoung Lee

Redpoint Realty License #01891854 Listed on: 06/12/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,705

Year Built

  • Built in 2008

Lot Details

  • End Unit
  • East Facing Home
  • Gated Home
  • Sprinkler System

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • City Lights
  • Woods
  • Trees
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Turnkey

Interior Spaces

  • 1,470 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Dining Area
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Kitchenette
  • Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Laundry

  • Laundry closet
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Living Room Balcony

Utilities

  • Central Heating and Cooling System
  • Central Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5080-018-053

Community Details

Overview

  • Association fees include water and sewer paid, trash
  • 9 Units
  • Association Phone (213) 365-0041
  • Maintained Community

Amenities

  • Sundeck
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,705

Year Built

Built in 2008

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Palacio Alto Angeleno
  • Entry Floor: 3
  • Entry Location: Top Level
  • Living Area: 1470
  • Lot Acreage: 0.2139
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: No Additions/Alter
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 2008
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Turnkey, High Ceilings (9 Feet+), Laundry - Closet Stacked, Living Room Balcony, Open Floor Plan, Crown Moldings
  • Fireplace Rooms: Living Room, Gas
  • Flooring: Engineered Hardwood, Stone Tile
  • Appliances: Cooktop - Gas, Microwave, Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Granite, Shower and Tub, Shower Over Tub, Low Flow Toilet(s), Low Flow Shower(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Kitchen Island
  • Kitchen Features: Granite Counters, Kitchenette, Gourmet Kitchen
  • Laundry: In Unit, In Closet
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Gas Or Electric Dryer Hookup, Range/Oven, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 534.01
  • Windows: Double Pane Windows, Drapes/Curtains, Screens, Window Blinds

Exterior Features

  • Balcony: 1
  • Direction Faces: East
  • Other Features: Balcony, End Unit, Sprinkler System, High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Exposure: NorthEast
  • Patio: Balcony, Living Room Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights, Tree Top, Trees/Woods, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking, Side By Side
  • Total Parking: 2

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Gated, Fire Sprinklers, Smoke Detector, Automatic Gate, Exterior Security Lights
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Elevator, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Parking, Guest Parking, Sun Deck
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Water and Sewer Paid, Trash
  • HOA Fees: 500.00
  • Phone: 2133650041|
  • HOA: Yes
  • Unit Location: Top floor

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5080-018-053
  • Lot Size Area: 9318

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2023
Closed on
Jul 25, 2023
Sold by
Kwon Paul H
Bought by
Wen Renyu
Seller's Agent
Sukyoung Lee
Redpoint Realty
Buyer's Agent
Sukyoung Lee
Redpoint Realty
List Price
$785,000
Sold Price
$800,000
Premium/Discount to List
$15,000
1.91%
Views
976
Current Estimated Value
$840,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,696
Avg. Annual Appreciation
2.24%
Original Mortgage
$477,000
Outstanding Balance
$464,995
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$375,701

Purchase Details

Listed on
May 31, 2014
Closed on
Jul 17, 2014
Sold by
Lim Jin Seong and Lim Kyung Hee
Bought by
Kwon Paul H
Seller's Agent
Kelly Chong
Dream Realty & Investments Inc
Buyer's Agent
Sunnie Kim
Ivy Realty Co.
List Price
$574,900
Sold Price
$569,000
Premium/Discount to List
-$5,900
-1.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$300,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2009
Sold by
Palacio Alto Angelino Llc
Bought by
Lim Jin Seong and Lim Kyung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wen Renyu $795,000 Provident Title Company
Kwon Paul H $569,000 Fidelity
Lim Jin Seong -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wen Renyu $477,000
Previous Owner Kwon Paul H $300,000
Previous Owner Lim Jin Seong $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2023 08/01/23 Sold $800,000 +1.9% $544 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $785,000 0.0% $534 / Sq Ft
06/20/2017 06/20/17 Rented $3,120 +0.6% --
06/16/2017 06/16/17 Under Contract -- -- --
06/11/2017 06/11/17 Price Changed $3,100 -3.1% $2 / Sq Ft
05/17/2017 05/17/17 For Rent $3,200 0.0% --
07/25/2014 07/25/14 Sold $569,000 -1.0% $387 / Sq Ft View Prior Sale
06/09/2014 06/09/14 Pending -- -- --
05/31/2014 05/31/14 For Sale $574,900 -- $391 / 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 $9,705 $810,900 $366,282 $444,618
2024 $9,705 $795,000 $359,100 $435,900
2023 $8,055 $657,292 $303,810 $353,482
2022 $7,681 $644,404 $297,853 $346,551
2021 $7,581 $631,769 $292,013 $339,756
2019 $7,353 $613,032 $283,352 $329,680
2018 $7,327 $601,013 $277,797 $323,216
2016 $6,918 $577,676 $267,010 $310,666
2015 $6,816 $569,000 $263,000 $306,000
2014 $5,843 $476,000 $197,000 $279,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-279609

The MLS

APN: 5080-018-053