NOT LISTED FOR SALE

426 S Serrano Ave Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $1,913,000 - $2,923,033

8 Beds
5 Baths
4,568 Sq Ft
$489/Sq Ft Est. Value

Last Sold December 17, 2019

Last sale price $1,420,000 $311 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,132/month

274 Days on Market

Highlights

  • Wood Flooring
  • Charles H. Kim Elementary School Rated A-
  • No HOA

About This Home

As of December 2019

With its original architectural details, this 4568sq foot traditional early American home sits in the middle of Koreatown, one of LA's most popular neighborhoods. This property is a walker's paradise and excellent transit is just a few blocks away. There is a detached garage and large driveway to accommodate those who do drive, with additional parking in the rear. The oversized front porch and door lead you to a beautiful open plan. The home's original staircase banister, wood floors and true fireplace mantel are a few focal points. There is a kitchen, an office, bedrooms and restrooms located on the first floor. The second floor has even more bed and bathrooms. There is an additional third floor loft with kitchenette, bathroom and its own separate entrance. Detached garage perfect for an ADU!

Last Agent to Sell the Property

Michael De Perio

Kirela Real Estate Co License #01870969 Listed on: 03/18/2019

Last Buyer's Agent

Victoria Ascarrunz

COMPASS License #01989368

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,979

Year Built

  • Built in 1916

Lot Details

  • 9,006 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Fixer Upper

Interior Spaces

  • 4,568 Sq Ft Home
  • 3-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5503012006

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,979

Year Built

Built in 1916

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5503012006
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4568.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 8
  • Fireplace Features: Decorative, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 328.15

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9006.00
  • Lot Size Acres: 0.2067

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9006.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2020
Sold by
Liao Jasmine
Bought by
Ave 56 Llc
Current Estimated Value
$2,235,758

Purchase Details

Listed on
Mar 18, 2019
Closed on
Dec 12, 2019
Sold by
Libucha Mark Alan
Bought by
Liao Jasmine
Seller's Agent
Michael De Perio
Kirela Real Estate Co
Buyer's Agent
Victoria Ascarrunz
COMPASS
List Price
$1,599,000
Sold Price
$1,420,000
Premium/Discount to List
-$179,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$923,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 18, 2019
Closed on
Nov 8, 2019
Sold by
Higgins Karena A E
Bought by
Liao Jasmine
Seller's Agent
Michael De Perio
Kirela Real Estate Co
Buyer's Agent
Victoria Ascarrunz
COMPASS
List Price
$1,599,000
Sold Price
$1,420,000
Premium/Discount to List
-$179,000
-11.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$923,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 25, 2002
Sold by
Caminero Amor
Bought by
Higgins Karena A E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.95%

Purchase Details

Closed on
Feb 6, 1998
Sold by
First National Bank Of Chicago
Bought by
Caminero Amor

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
9.25%

Purchase Details

Closed on
Dec 3, 1997
Sold by
Higgins Fe Lilia E
Bought by
Rtc Mtg Pass Through Certificates Series
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
Ave 56 Llc -- Accommodation
Liao Jasmine -- Chicago Title
Liao Jasmine $1,420,000 Chicago Title
Higgins Karena A E $500,000 Gateway Title Company
Caminero Amor $270,000 First American Title Ins Co
Rtc Mtg Pass Through Certificates Series $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ave 56 Llc $2,100,000
Closed Ave 56 Llc $1,150,000
Closed Liao Jasmine $923,000
Previous Owner Higgins Karena A E $723,689
Previous Owner Higgins Karena A E $685,000
Previous Owner Higgins Karena A E $822,000
Previous Owner Higgins Karena A $100,000
Previous Owner Higgins Karena A E $361,467
Previous Owner Higgins Karena A E $382,850
Previous Owner Higgins Karena A E $365,000
Previous Owner Caminero Amor $288,000
Previous Owner Caminero Amor $26,249
Previous Owner Caminero Amor $216,000
Closed Higgins Karena A E $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2019 12/17/19 Sold $1,420,000 0.0% $311 / Sq Ft
09/09/2019 09/09/19 Off Market $1,420,000 -- --
05/06/2019 05/06/19 Price Changed $1,499,000 -6.3% $328 / Sq Ft
03/18/2019 03/18/19 For Sale $1,599,000 -- $350 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2024 $20,979 $1,698,868 $1,114,268 $584,600
2023 $20,578 $1,665,558 $1,092,420 $573,138
2022 $18,371 $1,524,900 $1,071,000 $453,900
2021 $18,130 $1,495,000 $1,050,000 $445,000
2020 $17,597 $1,420,000 $1,136,000 $284,000
2019 $8,178 $649,161 $488,044 $161,117
2018 $8,046 $636,433 $478,475 $157,958
2016 $7,657 $611,722 $459,897 $151,825
2015 $7,548 $602,534 $452,989 $149,545
2014 $7,580 $590,732 $444,116 $146,616
Source: Public Records

Agents Affiliated with this Home

  • Michael De Perio

    Seller's Agent in 2019

    Michael De Perio

    Kirela Real Estate Co

    (626) 536-3556

    1 in this area

    46 Total Sales

    Michael De Perio
    Section Image

  • V

    Buyer's Agent in 2019

    Victoria Ascarrunz

    COMPASS

    (626) 731-3641

    33 Total Sales

    Victoria Ascarrunz
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001174

Pasadena-Foothills Association of REALTORS®

APN: 5503-012-006

California Los Angeles County Los Angeles 90020 Koreatown

426 S Serrano Ave, Los Angeles, CA

This home is located at 426 S Serrano Ave, Los Angeles, CA 90020 since 18 March 2019 and is currently estimated at $2,235,758, approximately $489 per square foot. This property was built in 1916. 426 S Serrano Ave 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.

Pasadena-Foothills Association of REALTORS® 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. Information is deemed reliable but not guaranteed.

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