$868,000
PENDING

702 S Serrano Ave Unit 605 Los Angeles, CA 90005

Koreatown Neighborhood

Estimated payment $6,200/month

Total Views 582
2 Beds
2 Baths
1,290 Sq Ft
$673 Price per Sq Ft

Highlights

  • Fitness Center
  • Wood Flooring
  • Card or Code Access
  • City Lights View
  • Living Room
  • Central Heating and Cooling System

About This Home

Beautiful Corner Unit in the Heart of Koreatown! Welcome to this beautifully maintained 2-bedroom, 2-bath corner unit filled with natural light and designed for comfortable living. Freshly painted with brand-new window blinds, this inviting home features an open-concept floor plan, a spacious living and dining area, and a well-appointed kitchen with granite countertops, stainless steel appliances, and a large center for everyday living and entertaining. Step onto your private patio and enjoy beautiful city views, creating the perfect space to relax or entertain. The primary suite features a spa-inspired bathroom with a soaking tub and a separate glass-enclosed shower. Additional highlights include a separate laundry room and ample storage. Residents enjoy premium amenities including a fitness center, EV charging station, controlled access. The unit also includes two side-by-side parking spaces, a highly desirable feature. Built with a steel-frame structure, the building offers exceptional durability and helps provide a quieter living environment. Exceptional walkability! Ralphs and Zion Market are both within one block, with countless restaurants, cafes, and everyday conveniences just steps away. Conveniently located near Wilshire Boulevard, Metro stations, Downtown LA, and Hancock Park. Move-in ready and an exceptional opportunity to own a bright corner unit in one of Koreatown's most desirable locations!

Listing Agent

Erica Jung

Dream Realty & Investments Inc License #01891150 Listed on: 07/17/2026

Dream Realty & Investments Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

HOA Fees

  • $750 Monthly HOA Fees

Home Design

  • Entry on the 6th floor

Interior Spaces

  • 1,290 Sq Ft Home
  • Living Room
  • City Lights Views
  • Security Lights

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Covered Spaces
  • Automatic Gate
  • Assigned Parking

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5093-014-095

Community Details

Overview

  • 33 Units
  • 8-Story Property

Recreation

  • Fitness Center

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0.33 Acres

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Serrano Palace
  • Entry Floor: 6
  • Living Area: 1290
  • Lot Acreage: 0.3257
  • Planned Urban Dev: 0
  • Stories: 8
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal
  • Price Per S Q F T: 672.87

Exterior Features

  • Direction Faces: West
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Card/Code Access, Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Smoke Detector

Association/Amenities

  • Amenities: Fitness Center
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 750.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5093-014-095
  • Lot Size Area: 14187

Multi Family

  • Number Of Units: 33

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $8,207 $698,228 $297,610 $400,618
2025 $8,207 $684,538 $291,775 $392,763
2024 $8,111 $671,116 $286,054 $385,062
2023 $7,954 $657,958 $280,446 $377,512
2022 $7,582 $645,058 $274,948 $370,110
2021 $7,482 $632,410 $269,557 $362,853
2019 $7,253 $613,655 $261,563 $352,092
2018 $7,234 $601,624 $256,435 $345,189
2016 $6,911 $578,264 $246,478 $331,786
2015 $6,808 $569,579 $242,776 $326,803
2014 $6,833 $558,423 $238,021 $320,402
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
08/27/2026 08/27/26 Pending -- -- --
07/17/2026 07/17/26 For Sale $868,000 -- $673 / Sq Ft
Source: The MLS

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 Type Sale Price Title Company
Grant Deed $545,000 Chicago Title
Trustee Deed $5,000,000 Chicago Title Company
Trustee Deed $4,500,000 Chicago Title Company
Trustee Deed $5,000,000 None Available
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 Loan Amount Loan Type
Open $550,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $4,762,315 Purchase Money Mortgage
Previous Owner $14,500,000 Unknown
Source: Public Records

Source: The MLS

MLS Number: 26861651

The MLS

APN: 5093-014-095

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