NOT LISTED FOR SALE

122 N Serrano Ave Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $1,695,046 - $1,953,000

5 Beds
4 Baths
3,042 Sq Ft
$588/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $1,631,000 $536 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,073/month

57 Days on Market

Highlights

  • Craftsman Architecture
  • Living Room with Fireplace
  • No HOA
  • UCLA Community School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of September 2023

New 1,000sf ADU 2+2. The entire 2,000sf front house 3+2 was remodeled from Top to Bottom. Practically a new house. Located in the heart of Koreatown, this beautiful craftsman home has been lovingly restored: New roof, Separate Meters, New Electrical, New Plumbing, New Central AC in both units, refinished interior walls, Insulation, Straight Bamboo Floors, New Concrete and Paver Driveways, and Replaced Exterior Siding. Sunroom laundry behind Kitchen. Laundry and 1 car Garage/Storage in ADU. Covered Carport and side porch in the main house. Walking distance to Hangook Market and OMC Church. Move-in ready. Must come and see!

Last Agent to Sell the Property

Elijah Shin

Dream Realty & Investments Inc License #01358906 Listed on: 06/07/2023

Dream Realty & Investments Inc

Last Buyer's Agent

Hee Na Kwon

NAI Capital, Inc. License #01820996

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,065

Year Built

  • Built in 1917

Lot Details

  • 7,502 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Property is zoned LAR1

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • Driveway

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,042 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Homes

  • Accessory Dwelling Unit (ADU)

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5517-011-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,065

Year Built

Built in 1917

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 3042
  • Lot Acreage: 0.1722
  • Lot Dimensions: 50x150
  • Stories: 1
  • Year Built: 1917
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Nook, Formal Dining Rm
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal, Dishwasher, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 542.08

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 3
  • Covered Parking: 1
  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 5

Utilities

  • Water Heater: Tankless, Water Heater Unit, Instant Hot Water
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5517-011-021
  • Lot Size Area: 7502

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 28, 2023
Sold by
Kim Ki Hong and Kim Jami
Bought by
Song-Ran Kristina Kwon Living Trust and Kwon
Seller's Agent
Elijah Shin
Dream Realty & Investments Inc
Buyer's Agent
Hee Na Kwon
NAI Capital, Inc.
List Price
$1,699,000
Sold Price
$1,631,000
Premium/Discount to List
-$68,000
-4%
Views
57
Current Estimated Value
$1,716,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,975
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
Mar 18, 2021
Sold by
Kim Ki Hong and Park Stacy J
Bought by
Kim Ki Hong and Kim Jami

Purchase Details

Closed on
Nov 14, 2006
Sold by
Kim Jami and Park Min
Bought by
Kim Ki Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2006
Sold by
Keller Diane
Bought by
Kim Ki Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2002
Sold by
Keller Diane
Bought by
Keller Diane and The Diane Keller Trust
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
Song-Ran Kristina Kwon Living Trust $1,631,000 Chicago Title Company
Kim Ki Hong -- Accommodation
Kim Ki Hong -- Fidelity National Title Co
Kim Ki Hong $736,500 Fidelity National Title Co
Keller Diane -- --
Keller Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Ki Hong $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2023 09/14/23 Sold $1,631,000 -1.1% $536 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $1,649,000 -2.9% $542 / Sq Ft
06/07/2023 06/07/23 For Sale $1,699,000 -- $559 / 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 $20,065 $1,663,620 $1,000,620 $663,000
2024 $20,065 $1,631,000 $981,000 $650,000
2023 $14,764 $1,196,102 $758,744 $437,358
2022 $15,276 $1,274,818 $907,429 $367,389
2021 $13,984 $1,149,658 $729,282 $420,376
2020 $14,125 $1,137,871 $721,805 $416,066
2019 $13,496 $884,560 $707,652 $176,908
2018 $10,636 $867,217 $693,777 $173,440
2016 $10,168 $833,544 $666,838 $166,706
2015 $9,078 $742,000 $571,000 $171,000
2014 $7,755 $616,000 $474,000 $142,000
Source: Public Records

Agents Affiliated with this Home

  • Elijah Shin

    Seller's Agent in 2023

    Elijah Shin

    Dream Realty & Investments Inc

    (213) 550-9009

    83 in this area

    173 Total Sales

    Section Image

  • H

    Buyer's Agent in 2023

    Hee Na Kwon

    NAI Capital, Inc.

See All Agents

Map

Source: The MLS

MLS Number: 23-278163

The MLS

APN: 5517-011-021

California Los Angeles County Los Angeles 90004 Koreatown

122 N Serrano Ave, Los Angeles, CA

This home is located at 122 N Serrano Ave, Los Angeles, CA 90004 since 07 June 2023 and is currently estimated at $1,788,762, approximately $588 per square foot. This property was built in 1917. 122 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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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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