NOT LISTED FOR SALE

1142 S Serrano Ave Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $1,373,000 - $2,249,000

8 Beds
4 Baths
4,426 Sq Ft
$423/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $880,000 $199 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $10,919/month

34 Days on Market

About This Home

As of March 2014

Great opportunity to own a large 4 unit apartment building in a highly desirable location. Upside potential with rent lower than market. Stunning remodel on 3 of the units. Each unit has two private entries without sharing common area. One of the units has a big backyard with full vegetable garden. Each unit has huge balconies and 2 parking spaces. Close to shopping centers and restaurants. Property features many possibilities. Please do not disturb the occupants

Last Agent to Sell the Property

Sharon Choe

Omni Realty & Investment Group License #01127228 Listed on: 01/15/2014

Last Buyer's Agent

Linda Noh

Mega Realty License #01022617

Mega Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,337

Year Built

  • Built in 1954

Lot Details

  • 6,212 Sq Ft Lot

Home Design

  • 4,426 Sq Ft Home

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Covered Parking

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5080-018-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,337

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4426
  • Year Built: 1954
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 214.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 8

Lot Info

  • Assessed Improvement Value: 165240
  • Assessed Land Value: 385560
  • Assessor Parcel Number: 5080-018-022
  • Geocode Override: No
  • Lot Size Area: 6212

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Total Annual Expense: 12125
  • Type Of Units: 4
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Feb 4, 2014
Sold by
Molden Jaime J
Bought by
Chun Ik Yul and Chun In Sook
Seller's Agent
Sharon Choe
Omni Realty & Investment Group
Buyer's Agent
Linda Noh
Mega Realty
List Price
$949,000
Sold Price
$880,000
Premium/Discount to List
-$69,000
-7.27%
Current Estimated Value
$1,870,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990,119
Avg. Annual Appreciation
6.73%
Original Mortgage
$400,000
Outstanding Balance
$300,431
Interest Rate
4.18%
Mortgage Type
New Conventional
Estimated Equity
$1,569,688

Purchase Details

Closed on
Jun 27, 2013
Sold by
Hwang Kiusook
Bought by
Molden Jaime J and Cho Hyun Jung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Hwang Kiusook

Purchase Details

Closed on
Jan 26, 2012
Sold by
Kang Jung Soon
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 6, 2003
Sold by
Kang Dae Song
Bought by
Kang Jung Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2002
Sold by
Kang Casey H
Bought by
Kang Dae Song and Kang Chong Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
8.99%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Lim Gum Been
Bought by
Kang Casey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,135
Interest Rate
8.42%

Purchase Details

Closed on
Jun 6, 2001
Sold by
Lee Judy Kyung
Bought by
Kang Casey H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,135
Interest Rate
8.42%

Purchase Details

Closed on
Aug 10, 1998
Sold by
Kim Tae S
Bought by
Lim Gum Been

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,500
Interest Rate
8.62%
Source: Public Records

Range of Values:

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Average Value
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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
Chun Ik Yul $880,008 Chicago Title Company
Molden Jaime J $825,000 Fidelity National Title Co
Hwang Kiusook -- Fidelity National Title Co
Hwang Kiusook $588,000 None Available
Deutsche Bank National Trust Company $550,000 Landsafe Title
Kang Jung Sook -- Chicago Title Co
Kang Dae Song $480,000 First American
Kang Casey H $366,000 --
Kang Casey H -- --
Lim Gum Been $242,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chun Ik Yul $400,000
Previous Owner Molden Jaime J $618,750
Previous Owner Kang Jung Sook $458,000
Previous Owner Kang Dae Song $408,000
Previous Owner Kang Casey H $328,135
Previous Owner Lim Gum Been $181,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $880,000 -7.3% $199 / Sq Ft
02/18/2014 02/18/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $949,000 -- $214 / 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 $13,337 $1,078,749 $612,928 $465,821
2024 $13,337 $1,057,598 $600,910 $456,688
2023 $13,089 $1,036,862 $589,128 $447,734
2022 $12,497 $1,016,532 $577,577 $438,955
2021 $12,325 $996,601 $566,252 $430,349
2019 $11,964 $967,043 $549,457 $417,586
2018 $11,810 $948,083 $538,684 $409,399
2016 $11,265 $911,269 $517,767 $393,502
2015 $11,104 $897,582 $509,990 $387,592
2014 $10,491 $825,000 $500,000 $325,000
Source: Public Records

Agents Affiliated with this Home

  • Sharon Choe

    Seller's Agent in 2014

    Sharon Choe

    Omni Realty & Investment Group

    (213) 718-8582

    14 Total Sales

    Sharon Choe
    Section Image

  • L

    Buyer's Agent in 2014

    Linda Noh

    RE/MAX

    Section Image
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Map

Source: The MLS

MLS Number: 14-729517

The MLS

APN: 5080-018-022

California Los Angeles County Los Angeles 90006 Harvard Heights

1142 S Serrano Ave, Los Angeles, CA

This home is located at 1142 S Serrano Ave, Los Angeles, CA 90006 since 15 January 2014 and is currently estimated at $1,870,119, approximately $422 per square foot. This property was built in 1954. 1142 S Serrano Ave is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Berendo Middle, and West Adams Preparatory High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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