Downey Chong
Choice 100 Realty, Inc.
(213) 468-0129
10 Total Sales
3 in Koreatown
$626K - $1.7M Price Range
702 S Serrano Ave Unit 405 Los Angeles, CA 90005
Koreatown NeighborhoodEstimated Value: $675,000 - $900,000
2
Beds
2
Baths
1,290
Sq Ft
0.33
Acre Lot
Highlights
- Fitness Center
- Open Floorplan
- End Unit
- City Lights View
- Main Floor Bedroom
- Granite Countertops
About This Home
As of May 2025Luxury condominium at prime location of Koreatown. Earthquake sustainable steel concrete construction building. Bright and airy 2bed room 2 bath home is open floor plan. Double door entry. This North-west corner unit has oversized aluminum sliding glass door to balcony and windows and marble flooring. Kitchen with granite island countertop, mosaic tile back-splash, European cabinets and door/frame finishes, stainless appliances including a high-end gas oven built-in refrigerator and wine cooler. Master suite has walk-in closet, master bath with stunning marble flooring and European design bathroom cabinet and fixtures, natural limestone jacuzzi tub. Recessed lighting, Security guard on site at nighttime. Inside laundry room with cabinet and storage space. Two tandem parking spaces and ample guest parking is inside the building garage with EV charger. Beautiful city view roof top sun deck, fitness center and well-maintained lobby as the building amenity. Centrally located and convenient in walking distance to markets, restaurants, major bankes, and close to theaters, sports centers, and metro public transit, etc.
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Property Details
Home Type
- Condominium
Year Built
- Built in 2007
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $750 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Automatic Gate
- Community Parking Structure
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,290 Sq Ft Home
- Open Floorplan
- Crown Molding
- Recessed Lighting
- Family Room Off Kitchen
- City Lights Views
- Laundry Room
Kitchen
- Open to Family Room
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Home Security
Utilities
- Central Heating and Cooling System
- Sewer Paid
Additional Features
- Living Room Balcony
- Urban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 62638
- Assessor Parcel Number 5093014085
- $147 per year additional tax assessments
Community Details
Overview
- 33 Units
- Serrano Palace Association, Phone Number (213) 381-9550
- 8-Story Property
Amenities
- Laundry Facilities
Recreation
- Fitness Center
Pet Policy
- Pets Allowed with Restrictions
Security
- Card or Code Access
- Carbon Monoxide Detectors
Matterport 3D Tour
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
Nov 23, 2024
Closed on
May 5, 2025
Sold by
Bought by
Seller's Agent
Kay Jun
Sunny Hills Real Estate, Inc.
Buyer's Agent
Max Lee
Real Broker
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$71,458
Avg. Annual Appreciation
-6.68%
Purchase Details
Closed on
Jun 11, 2008
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
$220,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 10, 2008
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
$220,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Koreatown, CA
-
Downey Chong
-
Albert Rodriguez
Albert Rodriguez
Equity Union
(747) 294-2100
83 Total Sales
1 in Koreatown
$560,000 Price
-
Rodrigo Suerte Felipe
Rodrigo Suerte Felipe
eXp Realty of California Inc
(661) 592-1144
76 Total Sales
2 in Koreatown
$466,000 Price Range
-
Jonathan Kim
Jonathan Kim
Equity Union
(323) 916-4083
22 Total Sales
1 in Koreatown
$860,000 Price
-
Jason Paukovits
Jason Paukovits
Dream Realty & Investments Inc
(424) 277-2611
40 Total Sales
5 in Koreatown
$433K - $1.4M Price Range
-
Angelo Fierro
Angelo Fierro
Compass
(213) 277-2416
63 Total Sales
1 in Koreatown
$735,000 Price
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 |
|---|---|---|---|
| $890,000 | Chicago Title Company | ||
| $788,000 | Lawyers Title Company | ||
| -- | 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 | $220,000 |
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 |
|---|---|---|---|---|
| 05/18/2025 05/18/25 | Sold | $890,000 | -1.0% | $690 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $899,000 | +1.0% | $697 / Sq Ft |
| 04/23/2025 04/23/25 | Off Market | $890,000 | -- | -- |
| 11/23/2024 11/23/24 | For Sale | $899,000 | -- | $697 / 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 | $9,126 | $762,000 | $208,000 | $554,000 |
| 2024 | $8,709 | $721,000 | $197,000 | $524,000 |
| 2023 | $10,737 | $890,000 | $243,000 | $647,000 |
| 2022 | $7,907 | $673,000 | $184,000 | $489,000 |
| 2021 | $7,923 | $670,000 | $182,700 | $487,300 |
| 2019 | $7,656 | $648,000 | $176,700 | $471,300 |
| 2018 | $8,722 | $726,000 | $198,000 | $528,000 |
| 2016 | $6,991 | $585,000 | $159,000 | $426,000 |
| 2015 | $7,147 | $598,000 | $162,700 | $435,300 |
| 2014 | $5,999 | $490,000 | $133,300 | $356,700 |
Source: Public Records
Agents Affiliated with this Home
-
Kay Jun
K
Seller's Agent in 2025
Kay Jun
Sunny Hills Real Estate, Inc.
(714) 870-7650
2 in this area
35 Total Sales
-
Max Lee
Buyer's Agent in 2025
Max Lee
Real Broker
(213) 434-2433
19 in this area
65 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24237881
APN: 5093-014-085
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 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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