1056 S Serrano Ave Los Angeles, CA 90006
Harvard Heights NeighborhoodEstimated payment $9,671/month
About This Home
Prime development opportunity in the heart of Koreatown! Two adjacent parcels at 1056 S. Serrano AVE ( 4units) and 1057 S Hobart Blvd ( 3units). are being sold together, offering a combined lot size of approximately 12,518 SF with R 4-1 zoning. The property included 3units and 4 units, totaling about 6,448 SF of living space. Located in a high - demand, transit oriented area near public transit, major freeways, and retail and commercial hubs. Positioned within a TOC Tier 3 zone, its perfect for increased density and development. This is an ideal opportunity for multifamily development or value add investors. Don't miss out! Please DON'T DISTURB TENANTS. Drive by only !!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,418
Year Built
- Built in 1937
Lot Details
- 6,211 Sq Ft Lot
Interior Spaces
- 4,049 Sq Ft Home
- 2-Story Property
- Dryer
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5080-017-021
Map
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 | $6,418 | $502,260 | $228,971 | $273,289 |
| 2024 | $6,418 | $492,413 | $224,482 | $267,931 |
| 2023 | $6,304 | $482,759 | $220,081 | $262,678 |
| 2022 | $6,029 | $473,294 | $215,766 | $257,528 |
| 2021 | $5,932 | $464,015 | $211,536 | $252,479 |
| 2019 | $5,762 | $450,254 | $205,262 | $244,992 |
| 2018 | $5,658 | $441,427 | $201,238 | $240,189 |
| 2016 | $5,375 | $424,288 | $193,425 | $230,863 |
| 2015 | $5,300 | $417,916 | $190,520 | $227,396 |
| 2014 | $5,342 | $409,730 | $186,788 | $222,942 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $1,680,000 | -- | $415 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Provident Title Company | |
| Interfamily Deed Transfer | -- | First American Title Ofs | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Individual Deed | $340,000 | South Coast Title | |
| Interfamily Deed Transfer | -- | -- | |
| Gift Deed | -- | South Coast Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $356,000 | New Conventional | |
| Closed | $420,000 | New Conventional | |
| Closed | $546,000 | New Conventional | |
| Closed | $548,000 | Unknown | |
| Closed | $515,000 | New Conventional | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $59,950 | Stand Alone Second | |
| Closed | $258,490 | Unknown | |
| Closed | $255,000 | No Value Available |
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Source: The MLS
MLS Number: 25502915
APN: 5080-017-021
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