NOT LISTED FOR SALE

420 N Serrano Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,421,000 - $1,755,000

7 Beds
5 Baths
3,203 Sq Ft
$489/Sq Ft Est. Value

Last Sold February 06, 2018

Last sale price $1,055,000 $329 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,751/month

89 Days on Market

Highlights

  • Laundry Room
  • Rectangular Lot
  • 1-Story Property

About This Home

As of February 2018

Great investment opportunity!!! Back on market after renovations!!! Ample parking! Spacious 4 bedroom upstairs rear unit with 2 full baths, family room, living room and large kitchen. Brand new laminate floors in common areas and carpet in bedrooms. New kitchen cabinets, quartz countertops and range. Freshly painted inside and new light fixtures. Perfect as an owner's unit or a rental. Front unit is 3 bedrooms, 3 baths. Rentals are in high demand in this area. Low maintenance landscaping. Covered parking, plenty of room to fit multiple cars. Large storage room downstairs with a separate entrance. Great location, just a short drive to the Beverly Center, Koreatown, Downtown, Staples Center, Griffith Park, and plenty of restaurants and shops nearby.

Last Agent to Sell the Property

Jack Stephan

Jack Stephan, Broker License #01916736 Listed on: 09/15/2017

Co-Listed By

Natalie Koomen

ReMax College Park Realty License #01965888

Last Buyer's Agent

Marina Gumberg

Pacific Inter Capital Investment Solutions, Inc License #01435020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,564

Year Built

  • Built in 1911

Lot Details

  • 4,471 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Parking Spaces

Home Design

  • Property Attached

Interior Spaces

  • 3,203 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 5521026020

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,564

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5521026020
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 329.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4471.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1925.10
  • Tax Lot: 9
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Jan 24, 2018
Sold by
Dli Properties Llc
Bought by
Bogin Marina
Seller's Agent
Jack Stephan
Jack Stephan, Broker
Buyer's Agent
Marina Gumberg
Pacific Inter Capital Investment Solutions, Inc
List Price
$1,199,000
Sold Price
$1,055,000
Premium/Discount to List
-$144,000
-12.01%
Current Estimated Value
$1,566,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$511,870
Avg. Annual Appreciation
5.37%
Original Mortgage
$738,500
Outstanding Balance
$646,954
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$919,916

Purchase Details

Closed on
Apr 26, 2016
Sold by
Hernandez Nixon James
Bought by
Dli Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000,000
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2015
Sold by
Hernandez Nixon J
Bought by
Hernandez Nixon J and Garcia Rosa

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hernandez Dore and Hernandez Maria Estela
Bought by
Hernandez Nixon James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 10, 2003
Sold by
Hernandez Dore and Hernandez Estela
Bought by
Hernandez Dore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 14, 1993
Sold by
Pomona First Fsla
Bought by
Hernandez Dore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,741
Interest Rate
7.09%
Mortgage Type
FHA
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
Bogin Marina $1,055,000 Fidelity Sherman Oaks
Dli Properties Llc $763,000 None Available
Hernandez Nixon J -- None Available
Hernandez Nixon James $920,000 Alliance
Hernandez Dore -- --
Hernandez Dore $140,000 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bogin Marina $738,500
Previous Owner Dli Properties Llc $500,000
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Hernandez Nixon James $92,000
Previous Owner Hernandez Nixon James $736,000
Previous Owner Hernandez Dore $500,000
Previous Owner Hernandez Dore $250,000
Previous Owner Hernandez Dore $100,000
Previous Owner Hernandez Dore $50,000
Previous Owner Hernandez Dore $138,741
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2018 02/06/18 Sold $1,055,000 -4.0% $329 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
12/04/2017 12/04/17 Price Changed $1,099,000 -3.5% $343 / Sq Ft
11/21/2017 11/21/17 Price Changed $1,139,000 -0.2% $356 / Sq Ft
10/24/2017 10/24/17 Price Changed $1,140,900 -2.2% $356 / Sq Ft
10/06/2017 10/06/17 Price Changed $1,166,900 -2.7% $364 / Sq Ft
09/15/2017 09/15/17 For Sale $1,199,000 -- $374 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,564 $1,200,406 $898,883 $301,523
2024 $14,564 $1,176,869 $881,258 $295,611
2023 $14,287 $1,153,794 $863,979 $289,815
2022 $13,630 $1,131,172 $847,039 $284,133
2021 $13,452 $1,108,993 $830,431 $278,562
2020 $13,588 $1,097,622 $821,916 $275,706
2019 $13,052 $1,076,100 $805,800 $270,300
2018 $9,835 $793,825 $551,412 $242,413
2016 $10,387 $847,000 $677,600 $169,400
2015 $11,736 $960,000 $660,000 $300,000
2014 $12,016 $960,000 $660,000 $300,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    1 in this area

    62 Total Sales

    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Natalie Koomen

    RE/MAX

  • M

    Buyer's Agent in 2018

    Marina Gumberg

    Pacific Inter Capital Investment Solutions, Inc

    (323) 547-7766

    13 Total Sales

    Marina Gumberg
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17213606

California Regional Multiple Listing Service (CRMLS)

APN: 5521-026-020

California Los Angeles County Los Angeles 90004 East Hollywood

420 N Serrano Ave, Los Angeles, CA

This home is located at 420 N Serrano Ave, Los Angeles, CA 90004 since 15 September 2017 and is currently estimated at $1,566,870, approximately $489 per square foot. This property was built in 1911. 420 N Serrano Ave is a home located in Los Angeles County with nearby schools including Harvard Elementary School, Virgil Middle School, and Fairfax High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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