Jonathan Kim
Equity Union
(323) 916-4083
22 Total Sales
1 in Koreatown
$860,000 Price
237 S Serrano Ave Los Angeles, CA 90004
Koreatown Neighborhood
10
Beds
10
Baths
6,996
Sq Ft
7,257
Sq Ft Lot
About This Home
As of July 2016This 8 unit apartment building, located in Los Angeles' highly sought after and trendy Koreatown neighborhood, which boasts on of the city's densest populations in it's 3-square mile area. With the surge of nightlife and renowned restaurants, the draw of younger residents andtourists is flourishing, along with multiple development projects, that are adding to the exciting renovation and bustling energy of this neighborhood, which is close proximity to DTLA and less than 5 blocks from major Metro stations. Half of the units include a balcony. Three units have been newly remodeled. All units feature individual AC units, wall heater units, (5 new units), and dishwashers. Separately metered for gas and electric, the property also provides residents with the convenience of on-site parking, 11 spaces total, as well as, on-site laundry facilities for extra income. With over 35% of potential rental upside, an investor could push rents to meet the market demand with continued renovations.
Last Agent to Sell the Property
Marcus & Millichap License #01346750 Listed on: 04/20/2016
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1971
Lot Details
- 7,257 Sq Ft Lot
Interior Spaces
- 6,996 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 10 Bedrooms
- 10 Bathrooms
Parking
- 11 Parking Spaces
- Covered Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Community Details
- 8 Units
Listing and Financial Details
- Assessor Parcel Number 5517-008-008
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2016
Closed on
Jul 14, 2016
Sold by
E Flamingo Holdings Llc
Bought by
Seller's Agent
Neema Ahadian
Marcus & Millichap
Buyer's Agent
Neema Ahadian
Marcus & Millichap
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.56%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 24, 2010
Sold by
Kim E J
Bought by
E Flamingo Holdings Llc
Purchase Details
Closed on
Jul 26, 2007
Sold by
Kim E J
Bought by
Kim Eun Jip
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.67%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 19, 2007
Sold by
Kim Hanna H
Bought by
Kim E J
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
6.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 29, 2005
Sold by
Kim Ronald T and Kim Janet S
Bought by
Cho Byong Kwon
Purchase Details
Closed on
Jan 13, 2005
Sold by
Kim Ronald T
Bought by
Kim Ronald T
Purchase Details
Closed on
Jan 12, 2005
Sold by
Kim Janet S
Bought by
Kim Ronald T
Purchase Details
Closed on
Jan 7, 2005
Sold by
Cho Jae Sung and Cho Hee Seon
Bought by
Kim Ronald T
Purchase Details
Closed on
Aug 6, 2004
Sold by
Sung Jason S
Bought by
Cho Jae Sung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,385
Interest Rate
6.17%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 14, 2004
Sold by
Sung Esther H
Bought by
Sung Jason S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
5.39%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Koreatown, CA
-
Jonathan Kim
-
Jason Paukovits
Jason Paukovits
Dream Realty & Investments Inc
(424) 277-2611
40 Total Sales
5 in Koreatown
$433K - $1.4M Price Range
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
95 Total Sales
1 in Koreatown
$610,000 Price
-
Angelo Fierro
Angelo Fierro
Compass
(213) 277-2416
62 Total Sales
1 in Koreatown
$735,000 Price
-
Gina Isaac
Gina Isaac
Responds QuicklyNourmand & Associates-HW
(424) 288-7115
55 Total Sales
1 in Koreatown
$560,000 Price
-
Jeff Kohl
Jeff Kohl
The Agency
(424) 842-7907
17 Total Sales
1 in Koreatown
$2,600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,725,000 | Fidelity National Title Co | ||
| E Flamingo Holdings Llc | $635,000 | None Available | |
| Kim Eun Jip | -- | None Available | |
| Kim Eun Jip | -- | None Available | |
| Kim E J | -- | Chicago Title Co | |
| Kim E J | -- | Chicago Title Co | |
| Cho Byong Kwon | -- | Chicago Title Company | |
| Kim Ronald T | -- | -- | |
| Kim Ronald T | -- | Chicago Title Co | |
| Kim Ronald T | -- | Chicago Title Company | |
| Cho Jae Sung | -- | Chicago Title Company | |
| Sung Jason S | -- | Chicago Title Co | |
| Sung Jason S | $850,000 | Chicago Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $885,000 | ||
| Closed | Chua Alejandro D | $700,000 | |
| Previous Owner | E Flamingo Holdings Llc | $550,000 | |
| Previous Owner | Kim E J | $880,000 | |
| Previous Owner | Kim E J | $350,000 | |
| Previous Owner | Cho Jae Sung | $56,385 | |
| Previous Owner | Sung Jason S | $570,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2016 07/29/16 | Sold | $1,725,000 | -1.4% | $247 / Sq Ft |
| 06/08/2016 06/08/16 | Pending | -- | -- | -- |
| 04/20/2016 04/20/16 | For Sale | $1,750,000 | -- | $250 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,137 | $2,042,043 | $1,420,552 | $621,491 |
| 2025 | $25,137 | $2,002,004 | $1,392,699 | $609,305 |
| 2024 | $24,910 | $1,962,750 | $1,365,392 | $597,358 |
| 2023 | $24,346 | $1,924,266 | $1,338,620 | $585,646 |
| 2022 | $23,298 | $1,886,536 | $1,312,373 | $574,163 |
| 2021 | $22,940 | $1,849,546 | $1,286,641 | $562,905 |
| 2019 | $22,272 | $1,794,690 | $1,248,480 | $546,210 |
| 2018 | $22,098 | $1,759,500 | $1,224,000 | $535,500 |
| 2016 | $11,222 | $865,806 | $487,016 | $378,790 |
| 2015 | $11,069 | $852,802 | $479,701 | $373,101 |
| 2014 | $11,153 | $836,098 | $470,305 | $365,793 |
Source: Public Records
Agents Affiliated with this Home
-
Neema Ahadian
NA
Seller's Agent in 2016
Neema Ahadian
Marcus & Millichap
(213) 943-1800
7 in this area
87 Total Sales
Map
Source: The MLS
MLS Number: 16-117368
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© 2026 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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