NOT LISTED FOR SALE

420 S Serrano Ave Unit 2 Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $2,010,779

1 Bed
1 Bath
200 Sq Ft
$10,054/Sq Ft Est. Value

Highlights

  • No HOA
  • Charles H. Kim Elementary School Rated A-
  • Neighborhood Views

About This Home

As of May 2023

1 Bedroom, 1 Bath partially furnished with fresh coat of paint, newer flooring, and new dual pane window. Great location near grocery store, restaurants, shopping centers and public transportation. All utilities included.

Last Agent to Rent the Property

Victoria Lim

Keller Williams Realty License #01902945 Listed on: 04/19/2023

Keller Williams Realty

Last Renter's Agent

Victoria Lim

Keller Williams Realty License #01902945 Listed on: 04/19/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,153

Year Built

  • Built in 1915

Lot Details

  • 9,006 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 200 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Neighborhood Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Suburban Location

Community Details

  • No Home Owners Association
  • 9 Units

Listing and Financial Details

  • Security Deposit $1,000
  • Rent includes all utilities
  • 12-Month Minimum Lease Term
  • Available 4/19/23
  • Tax Lot 87
  • Tax Tract Number 1624
  • Assessor Parcel Number 5503012007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,153

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-04-19
  • Credit Check Paid By: Tenant
  • Deposit Security: 1000
  • Furnished: Partially
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Apartment
  • Property Type: Residential Lease
  • Parcel Number: 5503012007
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 200.00 Square Feet
  • Stories: 2
  • Entry Location: side stairway
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 5.25
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9006.00
  • Lot Size Acres: 0.2067

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 9006.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 1
  • Rent Includes: All Utilities

Tax Info

  • Tax Census Tract: 2118.04
  • Tax Lot: 87
  • Tax Tract Number: 1624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 4, 2023
Sold by
Kyung Ja Kim Living Trust
Bought by
Kyung Ja Kim Living Trust and Kim
Seller's Agent
Victoria Lim
Keller Williams Realty
Buyer's Agent
Victoria Lim
Keller Williams Realty
Sold Price
$1,050
Views
122
Current Estimated Value
$2,010,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,009,729

Purchase Details

Closed on
Apr 2, 2004
Sold by
Kim Kyung Ja
Bought by
Kim Hui Ku and Kim Kyung Ja

Purchase Details

Closed on
Nov 9, 2001
Sold by
Kim Hui Ku
Bought by
Kim Kyung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 2001
Sold by
Shin Ock Ryun
Bought by
Kim Kyung Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2000
Sold by
Lee Ann Olson
Bought by
Shin Ock Ryun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,800
Interest Rate
8.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1997
Sold by
Chiya Masashi
Bought by
Olson Lee Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.16%
Mortgage Type
Commercial
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
Kyung Ja Kim Living Trust -- None Listed On Document
Kim Hui Ku -- --
Kim Kyung Ja -- South Coast Title Company
Kim Kyung Ja $535,000 South Coast Title Company
Shin Ock Ryun $422,000 South Coast Title
Shin Ock Ryun -- South Coast Title
Olson Lee Ann $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Kyung Ja $416,000
Previous Owner Shin Ock Ryun $379,800
Previous Owner Olson Lee Ann $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Rented $1,050 +5.0% --
05/01/2023 05/01/23 Off Market $1,000 -- --
04/19/2023 04/19/23 For Rent $1,000 -- --
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 $10,153 $810,817 $494,886 $315,931
2024 $10,153 $794,920 $485,183 $309,737
2023 $9,967 $779,334 $475,670 $303,664
2022 $9,571 $764,054 $466,344 $297,710
2021 $9,385 $749,073 $457,200 $291,873
2019 $9,113 $726,857 $443,640 $283,217
2018 $8,733 $694,606 $434,942 $259,664
2016 $8,328 $667,635 $418,053 $249,582
2015 $8,209 $657,608 $411,774 $245,834
2014 $8,241 $644,727 $403,708 $241,019
Source: Public Records

Agents Affiliated with this Home

  • Victoria Lim

    Landlord's Agent in 2023

    Victoria Lim

    Keller Williams Realty

    (949) 800-9596

    5 in this area

    70 Total Sales

    Victoria Lim
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23065390

California Regional Multiple Listing Service (CRMLS)

APN: 5503-012-007

California Los Angeles County Los Angeles 90020 Koreatown

420 S Serrano Ave Unit 2, Los Angeles, CA

This home is located at 420 S Serrano Ave Unit 2, Los Angeles, CA 90020 since 19 April 2023 and is currently priced at $2,010,779. This property was built in 1915. 420 S Serrano Ave Unit 2 is a home located in Los Angeles County with nearby schools including Charles H. Kim Elementary School, UCLA Community School, and Young Oak Kim Academy.

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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