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1004 N Serrano Ave, Los Angeles, CA 90029
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1004 N Serrano Ave Los Angeles, CA 90029

$875,000 Sold Price as of 05/28/2020
  • 7 Beds
  • 5 Baths
  • -- Sq.Ft.
Sold
$875,000 Sold Price as of 05/28/2020 Refinance Your Mortgage
Map preview of 1004 N Serrano Ave, Los Angeles, CA 90029

Property Overview: 1004 N Serrano Ave Los Angeles, CA has 7 bedrooms, 5 bathrooms, -- living square feet and 7,397 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by Edward Jesman | BRE #00878394 | Edward Jesman Realty
Co-listed by Paul Jesman | BRE #01505230 | Edward Jesman Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 152

Home details

Lot Sq. Ft
7,397
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19520388
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $2,450
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,060
  • Total Rent: $1,060
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $730
  • Total Rent: $730
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 18.4
  • Gross Scheduled Income: --
  • Net Operating Income: $40,880
  • Gross Operating Income: $48,480
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 1004 N Serrano Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 5536026002
Location / Neighborhood
Location Information
  • Directions: South of Santa Monica Blvd, West of Western Ave
View more facts & features

Local Los Angeles Agent

Sale History for 1004 N Serrano Ave

Last sold for $875,000 on May 28th, 2020

  • May, 2020

  • May 29, 2020

    Date

    Sold

    CRMLS: 19520388

    $875,000

    Price

  • Mar 13, 2020

    Date

    Pending

    CRMLS: 19520388

    $895,000

    Price

  • Mar 6, 2020

    Date

    Active

    CRMLS: 19520388

    $895,000

    Price

  • Jan 24, 2020

    Date

    Active Under Contract

    CRMLS: 19520388

    $895,000

    Price

  • Dec 3, 2019

    Date

    Price Change

    CRMLS: 19520388

    $895,000

    Price

  • Oct 18, 2019

    Date

    Price Change

    CRMLS: 19520388

    $1,075,000

    Price

  • Oct 14, 2019

    Date

    Active

    CRMLS: 19520388

    $1,450,000

    Price

  • May, 2020

  • May 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $875,000

    Price

  • October, 2013

  • Oct 3, 2013

    Date

    Sold (Public Records)

    Public Records

    $446,000

    Price

Show More

Tax History for 1004 N Serrano Ave

Assessed Value (2020): $499,914
Year Land Value Improved Value Assessed Value
2020 $387,827 $112,087 $499,914

Home Value Compared to the Market

This property vs the competition

1004 N Serrano Ave sold on May 28, 2020 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 1004 N Serrano Ave

Detailed summary of property

1004 N Serrano Ave is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 7 bedrooms, 5 bathrooms, roughly -- living square feet, and sits on an approximately 7,397 square foot lot. 1004 N Serrano Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $875,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 230 N Alvarado St, 230 N Alvarado St and 2010 Valley St. While the average home in Los Angeles, CA is selling in 92 days, 1004 N Serrano Ave has a days on market of 152 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1004 N Serrano Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1004 N Serrano Ave

Public county record property details
Beds
5
Baths
4
Year built
1911
Sq. Ft.
2,460
Lot Size
7,396
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
44
APN
5536-026-002

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
34
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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