702 S Serrano Ave Unit 701 Los Angeles, CA 90005
Koreatown NeighborhoodEstimated payment $8,301/month
Total Views
103
3
Beds
3
Baths
1,520
Sq Ft
$789
Price per Sq Ft
Highlights
- Garage Apartment
- Automatic Gate
- Marble Flooring
- UCLA Community School Rated A-
- City Lights View
- Modern Architecture
About This Home
Built in 2007 with earthquake-resistant steel framing, this stunning residence is located on the southwest corner of the 7th floor, offering panoramic ocean sunset views and a private balcony. Energy-efficient aluminum sliding glass windows reduce heating and cooling costs while allowing the home to be filled with natural light. This spacious 3-bedroom, 3-bath unit features Modern marble flooring and expansive windows throughout, walk-in closets with custom shelving, a gourmet kitchen with high-end stainless steel appliances, a gas oven, granite countertops, and a designer backsplash. The master suite boasts a private walk-in closet, a spa-inspired bath with marble finishes, and European-style fixtures. Building Amenities: Rooftop deck with breathtaking city views, state-of-the-art fitness center, guest parking, and an elegant and secure lobby. Conveniently located in the heart of Koreatown, this home is just steps from markets, restaurants, banks, and shopping, making it the perfect choice for a sophisticated urban lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,151
Year Built
- Built in 2007
HOA Fees
- $750 Monthly HOA Fees
Home Design
- Modern Architecture
- Split Level Home
Interior Spaces
- 1,520 Sq Ft Home
- Family Room
- Dining Room
- Skyline Views
Kitchen
- Breakfast Area or Nook
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- Dressing Area
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
Home Security
- Security Lights
- Intercom
- Alarm System
Parking
- 2 Covered Spaces
- Garage Apartment
- Automatic Gate
Additional Features
- West Facing Home
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 5093-014-096
Community Details
Overview
- 33 Units
- 8-Story Property
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $12,151 | $1,019,580 | $684,926 | $334,654 |
| 2024 | $12,151 | $999,590 | $671,497 | $328,093 |
| 2023 | $11,916 | $979,991 | $658,331 | $321,660 |
| 2022 | $11,358 | $960,776 | $645,423 | $315,353 |
| 2021 | $11,215 | $941,938 | $632,768 | $309,170 |
| 2019 | $10,876 | $914,000 | $614,000 | $300,000 |
| 2018 | $8,439 | $694,258 | $350,926 | $343,332 |
| 2016 | $8,065 | $667,300 | $337,300 | $330,000 |
| 2015 | $10,669 | $885,656 | $615,624 | $270,032 |
| 2014 | $10,704 | $868,308 | $603,565 | $264,743 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | For Sale | $1,200,000 | +79.8% | $789 / Sq Ft |
| 12/31/2015 12/31/15 | Sold | $667,275 | +2.7% | $439 / Sq Ft |
| 07/23/2015 07/23/15 | Pending | -- | -- | -- |
| 07/23/2015 07/23/15 | For Sale | $650,000 | -- | $428 / Sq Ft |
Source: The MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | California Members Title Co | |
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $555,000 | Chicago Title | |
| Grant Deed | $667,500 | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,132,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $353,000 | New Conventional | |
| Previous Owner | $345,200 | Credit Line Revolving | |
| Previous Owner | $350,000 | New Conventional | |
| Previous Owner | $350,000 | Purchase Money Mortgage | |
| Previous Owner | $387,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $815,004 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25581087
APN: 5093-014-096
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© 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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