NOT LISTED FOR SALE

457 S Serrano Ave Los Angeles, CA 90020

Koreatown Neighborhood

Estimated Value: $1,682,000 - $2,474,000

9 Beds
7.5 Baths
4,332 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 30, 2012

Last sale price $891,500 $206 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $13,104/month

6 Days on Market

Highlights

  • Detached Guest House
  • Family Room with Fireplace
  • Victorian Architecture
  • Charles H. Kim Elementary School Rated A-
  • Wood Flooring
  • Laundry Room

About This Home

As of August 2012

Bank owned. Sold for $1,330,000 in 2006. Prime North Koreatown 6 bed, 5 1/2 bath 3 story mansion + detached 3 bed, 2 bath guesthouse.

Last Agent to Sell the Property

Leo Nordine

Nordine Realtors, Inc. License #01915167 Listed on: 07/11/2012

Last Buyer's Agent

Kee Um

License #01023620

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,521

Year Built

  • Built in 1917

Lot Details

  • 9,011 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Gated Home
  • Property is zoned LAR1

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,332 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Laundry Room

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7.5 Bathrooms

Parking

  • 10 Car Garage
  • Uncovered Parking

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5503-013-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,521

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Victorian
  • Street Number Display: Yes
  • Living Area: 4332
  • Lot Dimensions: 60x150
  • Planned Urban Dev: 0
  • Stories: 3
  • Year Built: 1917
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 9
  • Fireplaces: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 7.50
  • Den: 0
  • Equipment: Garbage Disposal, Hood Fan, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 176.02

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Uncovered
  • Total Parking: 10

Utilities

  • Heating: Central
  • Security: Gated
  • Sewer: In Street, On Site, Paid

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5503-013-020
  • Lot Size Area: 9011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2012
Closed on
Jul 30, 2012
Sold by
U S Bank National Association
Bought by
Lim Howard Young Jin
Seller's Agent
Leo Nordine
Nordine Realtors, Inc.
Buyer's Agent
Kee Um
List Price
$762,500
Sold Price
$891,500
Premium/Discount to List
$129,000
16.92%
Current Estimated Value
$2,162,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,270,904
Avg. Annual Appreciation
7.12%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Cha Lansul and Cha Okkwon
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 28, 2006
Sold by
Cha Lansul
Bought by
Cha Okkwon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 23, 2006
Sold by
Cha Okkwon
Bought by
Cha Lansul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,001
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 21, 2006
Sold by
Yoo Gene and Yoo Chuck
Bought by
Cha Lansul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,001
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2006
Sold by
Yoo Gene and Choi Michelle Sun
Bought by
Yoo Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,001
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2005
Sold by
Yoo Gene
Bought by
Yoo Gene

Purchase Details

Closed on
Jun 24, 2002
Sold by
Choi Michelle Sun and Yoo Gene
Bought by
Yoo Gene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.78%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 19, 1997
Sold by
Yoo Oak R
Bought by
Choi Michelle Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.54%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Yoo James H
Bought by
Yoo Oak R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.71%

Purchase Details

Closed on
Jun 7, 1995
Sold by
The Prudential Home Mtg Company Inc
Bought by
Yoo Oak R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
7.71%

Purchase Details

Closed on
Nov 1, 1994
Sold by
Chang Young Sook and The Prudential Home Mtg Compan
Bought by
The Prudential Home Mtg Company Inc
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
Lim Howard Young Jin $891,500 Landsafe Title Of California
U S Bank National Association $710,000 Landsafe Title
Cha Okkwon -- Ticor Title Of California
Cha Lansul -- Orange Coast Title
Cha Lansul $1,330,000 Orange Coast Title
Yoo Gene -- Orange Coast Title
Yoo Oak Rae -- Orange Coast Title
Yoo Gene -- --
Yoo Gene -- First American Title Ins Co
Choi Michelle Sun $320,000 First American Title Co
Yoo Oak R -- Old Republic Title Company
Yoo Oak R $180,000 Old Republic Title
The Prudential Home Mtg Company Inc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cha Okkwon $1,400,000
Previous Owner Cha Okkwon $175,000
Previous Owner Cha Okkwon $541,001
Previous Owner Cha Lansul $330,001
Previous Owner Cha Lansul $999,999
Previous Owner Yoo Gene $230,000
Previous Owner Yoo Gene $600,000
Previous Owner Yoo Gene $30,000
Previous Owner Yoo Gene $450,000
Previous Owner Choi Michelle Sun $80,000
Previous Owner Choi Michelle Sun $30,000
Previous Owner Choi Michelle Sun $256,000
Previous Owner Yoo Oak R $162,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $891,500 +16.9% $206 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $762,500 -- $176 / 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
2024 $13,521 $1,076,280 $662,430 $413,850
2023 $13,269 $1,055,178 $649,442 $405,736
2022 $12,668 $1,034,489 $636,708 $397,781
2021 $12,494 $1,014,206 $624,224 $389,982
2019 $12,126 $984,126 $605,710 $378,416
2018 $11,893 $964,831 $593,834 $370,997
2016 $11,341 $927,368 $570,776 $356,592
2015 $11,176 $913,439 $562,203 $351,236
2014 $11,215 $895,547 $551,191 $344,356
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Leo Nordine

    Nordine Realtors, Inc.

  • K

    Buyer's Agent in 2012

    Kee Um

See All Agents

Map

Source: The MLS

MLS Number: 12-611867

The MLS

APN: 5503-013-020

California Los Angeles County Los Angeles 90020 Koreatown

457 S Serrano Ave, Los Angeles, CA

This home is located at 457 S Serrano Ave, Los Angeles, CA 90020 since 11 July 2012 and is currently estimated at $2,162,404, approximately $499 per square foot. This property was built in 1917. 457 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.

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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