NOT LISTED FOR SALE

1046 S Serrano Ave Unit 505 Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $815,000 - $932,000

2 Beds
2 Baths
1,340 Sq Ft
$458/mo HOA Fee

Last Sold February 05, 2024

Last sale price $870,000 $649 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,142/month

43 Days on Market

Highlights

  • Fitness Center
  • 0.29 Acre Lot
  • Security Service
  • City Lights View
  • Den
  • Laundry Room

About This Home

As of February 2024

************************************CORNER PENTHOUSE & PRIVATE ROOFTOP****************************A den to 3rd Bedroom or office, Custom-Designed Two-Story Luxury Corner Penthouse with Rooftop in Serrano Villa. This Modern, Spacious Condo offers Open Floor Plan Living and a Loft Area with direct access to a Private Rooftop boasting unobstructed view of Los Angeles, and an additional Private Walk Out Patio from the Master Bedroom. Extra-High Ceilings, Customized Window Coverings, and Over-sized Windows fills the Living space with Natural light, the loft window has a view of the Downtown LA Skyline. Gated Two side-by-side Parking spots are designated to the unit (one of very few non-tandem spots). Kitchen Island, Quartz Countertops, Subway-tiled Backsplash, Stainless Steel Appliances, Recessed light and Modern Gray color Floors throughout. Built in 2017, this quiet 20 unit building includes amenities such as Gym, Guest Parking, EV charge, Key-fob Access, Surveillance Camera, and Well-kept Condo Association. Conveniently located in a vibrant neighborhood within 5 minute walking distance to Galleria Shopping Center and many Restaurants and Cafes that are highly rated, national banks, and 5-10 minutes drive to Downton LA, Crypto Arena(Staples Center), Natural History Museum, Walt Disney Concert Hall, 10 Fwy, 5 Fwy, 110 Fwy, 101Fwy.

Last Listed By

Hannah Lim

Hana Realty & Investments License #01278919 Listed on: 11/18/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,813

Year Built

  • Built in 2017

Lot Details

  • 0.29

HOA Fees

  • $458 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,340 Sq Ft Home
  • 2-Story Property
  • Den
  • City Lights Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 69149
  • Assessor Parcel Number 5080017106

Community Details

Overview

  • 20 Units
  • Serrano Villa Association, Phone Number (213) 381-9550
  • First Choice Realty & Mgt HOA

Recreation

  • Fitness Center

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,813

Year Built

Built in 2017

Lot Details

0

HOA Fees

$458 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR4
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5080017106
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1340.00 Square Feet
  • Stories: 2
  • Entry Location: front of building
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 649.25
  • Room Type: All Bedrooms Down, Den

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Security
  • Association Fee: 458.00
  • Association Fee Frequency: Monthly
  • Association Name: Serrano Villa
  • Phone: 213-381-9550
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: First Choice Realty & MGT

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 12421.00
  • Lot Size Acres: 0.2851

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12421.0000 Square Feet
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 2132.01
  • Tax Lot: 1
  • Tax Tract Number: 69149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2023
Closed on
Jan 22, 2024
Sold by
Jang David and Jang Josephine
Bought by
Moon Kevin and Min Young Ah
Seller's Agent
Hannah Lim
Hana Realty & Investments
Buyer's Agent
Hannah Lim
Hana Realty & Investments
List Price
$872,000
Sold Price
$870,000
Premium/Discount to List
-$2,000
-0.23%
Total Days on Market
43
Views
27
Current Estimated Value
$856,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,128
Avg. Annual Appreciation
-1.25%
Original Mortgage
$652,500
Outstanding Balance
$644,121
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$212,751

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 10, 2021
Sold by
Jang Jinwon
Bought by
Jang David and Dongbang Josephine
Seller's Agent
Jin Song
Universal Commercial Realty
Buyer's Agent
Jin Song
Universal Commercial Realty
List Price
$819,000
Sold Price
$835,000
Premium/Discount to List
$16,000
1.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.56%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2016
Sold by
1046 Serrano Villa Llc
Bought by
Jang Jinwon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Moon Kevin $870,000 California Best Title
Jang David $838,000 California Best Title Co
Jang Jinwon $635,000 Fntg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Kevin $652,500
Previous Owner Jang David $548,250
Previous Owner Jang Jinwon $508,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2024 02/05/24 Sold $870,000 -0.2% $649 / Sq Ft
11/18/2023 11/18/23 For Sale $872,000 +4.4% $651 / Sq Ft
06/11/2021 06/11/21 Sold $835,000 +2.0% $623 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $819,000 -- $611 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $10,813 $889,290 $427,878 $461,412
2023 $10,605 $871,854 $419,489 $452,365
2022 $10,109 $854,760 $411,264 $443,496
2021 $8,053 $680,845 $204,253 $476,592
2020 $8,135 $673,865 $202,159 $471,706
2019 $7,808 $660,653 $198,196 $462,457
2018 $7,801 $647,700 $194,310 $453,390
2017 $0 $635,000 $190,500 $444,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Similar Homes in the area

  • 645 W 9th St Unit 740, Los Angeles, CA 90015

    $785,000

    • 2 Beds
    • 2 Baths
    • 1,190 Sq Ft
    • 645 W 9th St
    • Unit 740
    • Los Angeles, CA

    It seems like you have so many things to check off your list when finding your new home in downtown LA... Which area speaks to you, is safe, has great restaurants, is walkable, and is a community you could call home. Then you see 645 w 9th st #740! It's in South Park your favorite area in downtown. Walking distance to parks, amazing venues, the best restaurants and everything you need. I mean you

    Drew Smyth Real Broker

    Section Image
  • 222 S Central Ave Unit 203, Los Angeles, CA 90012

    $649,000

    • 2 Beds
    • 2 Baths
    • 1,063 Sq Ft
    • 222 S Central Ave
    • Unit 203
    • Los Angeles, CA

    Welcome to Unit 203 at Tokyo Villa — 2 bed, 2 bath condo nestled in the vibrant Little Tokyo neighborhood, just steps from the Arts District!This thoughtfully designed unit offers ideal privacy with bedrooms located on opposite sides, each with walk-in closets and full bathrooms. The open-concept living area flows into a spacious kitchen with ample cabinetry, and the unit is filled with natural

    Shena Suleimanova Keller Williams Realty

    Section Image
  • 1121 N Olive Dr Unit 211, West Hollywood, CA 90069

    $850,000

    • 2 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 1121 N Olive Dr
    • Unit 211
    • West Hollywood, CA

    Modern luxury condo in the heart of West Hollywood where you can enjoy a contemporary and robust living and lifestyle while enjoying all West Hollywood has to offer. This unit boasts a deluxe style kitchen, private bar, open floor plan, master bedroom, spacious outdoor balcony. Think of all the possibilities you will endure living at 1211 Olive Dr; nightlife, shopping, restaurants, people,

    Joshua Glaz The Ave

    Section Image
  • 2170 Century Park E Unit 1204S, Los Angeles, CA 90067

    $719,000

    • 1 Bed
    • 1 Bath
    • 853 Sq Ft
    • 2170 Century Park E
    • Unit 1204S
    • Los Angeles, CA

    FABULOUS NEW PRICE! Experience luxurious living in this beautifully updated custom unit located in the sought-after South Tower at Century Park East in the heart of Century City. Offering breathtaking northeast views of the city and mountains, this very spacious 1 bedroom residence features a freshly painted open floor plan that seamlessly connects an updated kitchen with granite counter tops,

    Stacy Blair Young Douglas Elliman of California, Inc.

    Section Image
  • 3880 Fredonia Dr Unit D, Los Angeles, CA 90068

    $889,000

    • 2 Beds
    • 2.5 Baths
    • 1,511 Sq Ft
    • 3880 Fredonia Dr
    • Unit D
    • Los Angeles, CA

    Welcome to this move-in ready architectural condo in the gated Skyline Townhome community, which was designed by noted architect Lorenzo Tedesco. Step inside to a light and airy open floor plan where floor-to-ceiling steel-framed windows and stunning floors create an atmosphere of warmth and sophistication. The seamlessly connected living and dining areas flow effortlessly into a remodeled

    Dennis Chernov The Agency

    Section Image
  • 13200 Pacific Promenade Prome Unit 420, Playa Vista, CA 90094

    $847,000

    • 1 Bed
    • 1.5 Baths
    • 1,149 Sq Ft
    • 13200 Pacific Promenade Prome
    • Unit 420
    • Playa Vista, CA

    Bright Top-Floor Loft with Resort-Style Amenities. Discover the perfect blend of comfort and style in this sun-filled, 2-level, 1-bedroom top-floor loft unit. Located in prime Playa Vista, this airy condo features an open floor plan with high ceilings, ideal for entertaining, dining, and working. The first floor boasts a modern kitchen with stainless steel appliances, ecowater purifier, quartz

    Suzie Chung Sotheby's International Realty

    Section Image
  • 11667 Gorham Ave Unit 306, Los Angeles, CA 90049

    $995,000

    • 2 Beds
    • 2 Baths
    • 1,649 Sq Ft
    • 11667 Gorham Ave
    • Unit 306
    • Los Angeles, CA

    Unleash your inner Angeleno in this great Westside location condo!This stunning double door entry condo offers the perfect blend of tranquility and vibrant city life. Nestled in one of LA's most coveted neighborhoods, you'll enjoy cozy evenings by the fireplace while being just steps away from the buzzing energy of San Vincente Boulevard. Explore trendy restaurants, charming coffee shops, and a

    Philipp Schaedler Exp Realty of California Inc.

    Section Image
  • 727 S Ardmore Ave Unit 308, Los Angeles, CA 90005

    $749,950

    • 2 Beds
    • 2 Baths
    • 1,322 Sq Ft
    • 727 S Ardmore Ave
    • Unit 308
    • Los Angeles, CA

    Welcome to this spacious 2-bedroom, 2-bathroom condo in the heart of Koreatown. Located on the 3rd floor of a secure, gated mid-rise building, this 1,322 sq ft unit offers a blend of comfort, convenience, and city style.The open-concept living area features hardwood and laminate flooring, while the updated kitchen is outfitted with granite countertops and custom cabinetry—perfect for both daily

    Miguel Esersky Real Broker

    Section Image
  • 625 S Berendo St Unit 209, Los Angeles, CA 90005

    $660,000

    • 2 Beds
    • 2 Baths
    • 1,210 Sq Ft
    • 625 S Berendo St
    • Unit 209
    • Los Angeles, CA

    Located on the busiest street in the heart of Koreatown. Walking distance to many shops and restaurants. Unit offers spacious rooms with high ceiling. Brand new kitchen appliances with new flooring throughout the unit. The unit also comes with a spacious separate storage. Two underground tandem parking spaces, fitness room and secured access with security guard

    Michael Cho CNC Commercial Real Estate Inc

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23213856

California Regional Multiple Listing Service (CRMLS)

APN: 5080-017-106