NOT LISTED FOR SALE

855 S Serrano Ave Unit 23A Los Angeles, CA 90005

Koreatown Neighborhood

Estimated Value: $1,136,000 - $1,415,000

3 Beds
3 Baths
2,610 Sq Ft
$575/mo HOA Fee

Last Sold July 18, 2023

Last sale price $1,290,000 $494 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,363/month

33 Days on Market

Highlights

  • Rooftop Deck
  • Two Primary Bedrooms
  • 0.44 Acre Lot
  • UCLA Community School Rated A-
  • City Lights View
  • Two Primary Bathrooms

About This Home

As of July 2023

Visualize living here. An ever-so-romantic, ever-so-ideal, rare and coveted three-bedroom, three-bathroom (two ensuite), 2,610 SqFt (including balcony patio) end unit apartment residence with treetop views and fantastic natural light. This 1928 west coast pied-a-terre, at Mid-Wilshire's Chateau Chaumont, is a Mills Act-approved property, built in the French Revival style and designed by Kenneth Macdonald Jr., architect of of the Spring Street Arcade Building and Glendale's Southern Pacific Station. Re-imagined while retaining its historic integrity, this grand-scale apartment home offers light-filled spaces and incorporates modernist finishes for the most discerning habitues. Upon entrance, your line of sight fixes upon an expansive corridor, towards the living area, dining room, and more. The hallway, flanked by closets and storage, opens on the right to a bedroom with ensuite featuring a magical, 400 SqFt patio balcony. The balcony access, adorned with an art deco, wrought iron door, is the centerpiece of the room. Outside, your private balcony is an outdoor room perfect for al fresco dancing, cocktail hour, or workouts. Continuing down the entrance corridor to the the southeast corner of the unit, we come upon a spacious, formal living room centered by an ornate, plaster mantle fireplace-beckoning visitors to enjoy the multiple moments the abundance of oversized double-hung windows evoke-day or night, ideal for a creative salon, parties, and perfect for hanging artwork. Dinner guests will appreciate a separate, formal dining room with chandelier, adjacent the separate galley kitchen featuring Thermador appliances, quart countertops, a convenient trash chute, and geometric concrete tile floors. Beyond the kitchen are a guest bedroom with walk-in closet and second bath with hall access. The primary suite, on the southwest corner of the building, features a walk-in closest, southwest exposure, and ensuite with shower stall. The Chateau Chaumont is a thoroughly private and well-managed complex totaling 15 units (only 3 per floor). Laundry facilities are on an upper floor (there is a possibility to install laundry-Buyer to verify) w|a rooftop area. Amenities include: Central Heat/Multi-Zone AC, double-hung windows, engineered flooring, period details, recessed lights, gas-starter fireplace, updated appliances, smart lighting in all closets-bedrooms have walk-ins, built-in fire sprinklers. Off street parking features a gated parking garage and lot. This unit features three parking spots (two outdoor tandem + one covered), two elevators, and is one flight of stairs up from the lobby. Ideal location in booming Koreatown next to Hancock Park, with access to burgeoning hotspots, restaurants, DTLA, Beverly Hills, Hollywood, and beyond. Located moments from Taylor's, the Wiltern, Slurpin' Ramen, and more. Utilized as a filming location; new owners can evaluate that option as an income opportunity. Please refer to DOCUMENTS SECTION for pdfs of floor plan, parking spaces, and storage space.

Last Agent to Sell the Property

Carlos Castillo

Redfin License #01254307 Listed on: 05/11/2023

Redfin

Last Buyer's Agent

Michael Pines

The Condo Experts License #01965604

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,302

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • End Unit
  • East Facing Home
  • Gated Home
  • Historic Home

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • Automatic Gate
  • Controlled Entrance

Home Design

  • French Architecture
  • Turnkey

Interior Spaces

  • 2,610 Sq Ft Home
  • Wainscoting
  • Recessed Lighting
  • Drapes & Rods
  • Entryway
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Skyline Views

Kitchen

  • Galley Kitchen
  • Oven
  • Dishwasher
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Two Primary Bathrooms
  • 3 Full Bathrooms

Outdoor Features

  • Balcony
  • Rooftop Deck
  • Open Patio

Location

  • City Lot

Utilities

  • Central Heating
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 5093-010-021

Community Details

Overview

  • 15 Units
  • 5-Story Property

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Laundry Facilities
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,302

Year Built

Built in 1928 | Remodeled

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: French Normandy
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Chateau Chaumont
  • Entry Floor: 2
  • Entry Location: Elevator
  • Living Area: 2610
  • Lot Acreage: 0.4394
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 5
  • Unit Floor In Building: 2
  • Year Built: 1928
  • Number Of Photos: 48
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Wainscotting, Turnkey, Recessed Lighting
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Den, Living Room
  • Flooring: Engineered Hardwood, Marble, Tile
  • Appliances: Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Galley Kitchen, Quartz Counters
  • Laundry: Community
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Dishwasher, Elevator, Hood Fan, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 526.82
  • Windows: Drapes/Curtains

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Other Features: Balcony, Historical, End Unit
  • Exposure: Southern
  • Patio: Balcony, Roof Top Deck, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Walk Street, Tree Top, Skyline
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Controlled Entrance
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Gated, Automatic Gate

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 575.00
  • HOA: Yes
  • Unit Location: Southeast

Lot Info

  • Assessor Parcel Number: 5093-010-021
  • Lot Location: City
  • Lot Size Area: 19140

Multi Family

  • Number Of Units: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jul 12, 2023
Sold by
855 S Serrano Trust
Bought by
Danna Family Irrevocable Residence Trust and Danna
Seller's Agent
Carlos Castillo
Redfin
Buyer's Agent
Michael Pines
The Condo Experts
List Price
$1,375,000
Sold Price
$1,290,000
Premium/Discount to List
-$85,000
-6.18%
Views
45
Current Estimated Value
$1,341,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,705
Avg. Annual Appreciation
1.72%

Purchase Details

Closed on
Feb 17, 2023
Sold by
Mccullough Andreana
Bought by
855 S Serrano Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2020
Closed on
Sep 23, 2020
Sold by
Chon Chris and Chon Mija
Bought by
Mccullough Andreana
Seller's Agent
Steve Clark
Backbeat Homes
Buyer's Agent
Jennifer Dudley-Pieropan
The W Collection, Inc.
List Price
$985,000
Sold Price
$950,000
Premium/Discount to List
-$35,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Jun 7, 2013
Closed on
Jul 3, 2013
Sold by
Sosnick Beryl
Bought by
Miller Jeffrey Alan
Seller's Agent
Lynette Williams
IRealtyPro Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$659,800
Sold Price
$689,000
Premium/Discount to List
$29,200
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.57%
Original Mortgage
$417,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2005
Sold by
Miller Chateau Chaumont Llc
Bought by
Miller Jeffrey Alan
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
Danna Family Irrevocable Residence Trust $1,290,000 Chicago Title Company
855 S Serrano Trust -- --
Mccullough Andreana -- --
Mccullough Andreana $950,000 Lawyers Title Company
Miller Jeffrey Alan -- Fidelity Van Nuys
Chon Chris $689,000 Fidelity Van Nuys
Miller Jeffrey Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccullough Andreana $708,000
Previous Owner Chon Chris $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2023 07/18/23 Sold $1,290,000 -6.2% $494 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,375,000 +44.7% $527 / Sq Ft
10/02/2020 10/02/20 Sold $950,000 -3.6% $397 / Sq Ft
09/25/2020 09/25/20 For Sale $985,000 +3.7% $412 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/26/2020 08/26/20 Off Market $950,000 -- --
07/26/2020 07/26/20 For Sale $985,000 0.0% $412 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $985,000 +43.0% $412 / Sq Ft
07/26/2013 07/26/13 Sold $689,000 +4.4% $288 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/07/2013 06/07/13 For Sale $659,800 -- $276 / 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
2025 $5,302 $421,000 $84,200 $336,800
2024 $5,302 $421,000 $84,200 $336,800
2023 $5,283 $421,000 $84,200 $336,800
2022 $5,139 $421,000 $84,200 $336,800
2021 $11,375 $950,000 $380,000 $570,000
2019 $9,109 $757,150 $549,457 $207,693
2018 $9,079 $742,305 $538,684 $203,621
2017 $8,883 $727,751 $528,122 $199,629
2016 $8,668 $713,482 $517,767 $195,715
2015 $8,542 $702,766 $509,990 $192,776
2014 $8,572 $689,000 $500,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-265675

The MLS

APN: 5093-010-021