NOT LISTED FOR SALE

702 S Serrano Ave Unit 403 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $706,000 - $927,000

2 Beds
2 Baths
1,130 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: October 7, 2016

Last sale price $725,000 $642 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,725 / mo

38 Days on Market

Highlights

  • Community Boat Dock
  • 24-Hour Security
  • City Lights View
  • Fitness Center
  • Automatic Gate
  • Deck

About This Home

As of October 2016

Location, location, location. High quality 2 bedrooms & 2 full baths condo with detailed finish./ Modern and newer (built in 2007) 4th floor, north east corner unit./ Sunny in the morning and cool in the afternoon./ Marble flooring throughout and berber carpet in the bedrooms./ Modern roomy kitchen with granite counter-tops, and Viking open burner range./ Master bath with getted tub, stand-up shower, double sinks, and tiled walls./ Seperate laundry room with built-in wine cooler./ Fresh paint and clean./ Building amenities include fitness room, top floor sun deck, and screening room./ 24/7 security./ Adjacent to DTLA and miracle mile./ Nearby golf range, cafes, banks, markets, and eateries.

Last Agent to Sell the Property

Jon Hur

New Star Realty & Investment License #01297302 Listed on: 07/24/2016

Last Buyer's Agent

Ian Cherney

Keller Williams Larchmont License #01936525

Keller Williams Larchmont

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 1 Common Wall

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Concrete Roof
  • Common Roof
  • Wood Siding
  • Steel Beams
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 1,130 Sq Ft Home
  • Built-In Features
  • Recessed Lighting
  • Double Pane Windows
  • Drapes & Rods
  • Window Screens
  • Insulated Doors
  • Entryway
  • Living Room
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bidet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Security Lights
  • Intercom

Accessible Home Design

  • Accessible Elevator Installed
  • Customized Wheelchair Accessible
  • Doors swing in
  • No Interior Steps
  • Ramp on the main level
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Deck
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62638
  • Assessor Parcel Number 5093014083

Community Details

Overview

  • 8-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities

Recreation

  • Community Boat Dock
  • Fitness Center

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.33 Acres

HOA Fees

$485 per month

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: all curtains, range, dishwasher.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: 24 Hour Security, Automatic Gate, Card/Code Access, Security Lights, Fire Sprinkler System, Fire and Smoke Detection System, Guarded, Security System
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5093014083
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1130.00
  • Interior Amenities: Built-in Features, Balcony, Elevator, Copper Plumbing Full, Granite Counters, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Trash Chute
  • Stories: 8
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Stone
  • Accessibility Features: Doors - Swing In, Accessible Elevator Installed, No Interior Steps, Parking, Ramp - Main Level, Customized Wheelchair Accessible
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Insulated Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 641.59
  • Room Type: Entry, Living Room, Master Bedroom
  • Window Features: Drapes, Double Pane Windows, Screens
  • Bathroom Features: Bidet, Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights
  • Patio And Porch Features: Covered, Deck, Slab, Tile
  • Pool Private: No
  • Roof: Common Roof, Concrete
  • Spa: No
  • Construction Materials: Concrete, Steel, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Concrete, Garage, Gated, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Connected, Sewer Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Vented Exhaust Fan
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Inside, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dock, Gym/Ex Room
  • Association Fee: 485.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 62638

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
Jul 24, 2016
Closed on
Sep 8, 2016
Sold by
Bought by
Seller's Agent
Jon Hur
New Star Realty & Investment
Buyer's Agent
Ian Cherney
Keller Williams Larchmont
List Price
$755,000
Sold Price
$725,000
Premium/Discount to List
-$30,000
-3.97%
Current Estimated Value
$803,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,646
Avg. Annual Appreciation
1.05%

Purchase Details

Closed on
Mar 4, 2016
Sold by
Bought by

Purchase Details

Closed on
Nov 22, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Koreatown, CA

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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
$725,000 None Available
-- None Available
-- None Available
-- Advantage Title Inc
-- Advantage Title Inc
-- None Available
-- None Available
$742,000 Lawyers Title Company
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
Previous Owner $196,250
Previous Owner $200,000
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
10/07/2016 10/07/16 Sold $725,000 -1.4% $642 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
08/22/2016 08/22/16 Price Changed $735,000 -2.6% $650 / Sq Ft
07/24/2016 07/24/16 For Sale $755,000 -- $668 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $9,981 $828,059 $486,336 $341,723
2024 $9,872 $811,823 $476,800 $335,023
2023 $9,682 $795,905 $467,451 $328,454
2022 $9,229 $780,300 $458,286 $322,014
2021 $9,175 $777,343 $391,352 $385,991
2020 $9,270 $769,374 $387,340 $382,034
2019 $8,895 $754,290 $379,746 $374,544
2018 $8,874 $739,500 $372,300 $367,200
2016 $6,412 $537,000 $362,000 $175,000
2015 $5,924 $496,000 $334,000 $162,000
2014 $6,065 $496,000 $334,000 $162,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16161721

California Regional Multiple Listing Service (CRMLS)

APN: 5093-014-083

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