1035 N Serrano Ave Los Angeles, CA 90029

$599,000 Sold Price as of 05/17/2016

3 Beds
1 Baths
1,252 Sq.Ft.

Off Market

$599,000 Sold Price as of 05/17/2016 Refinance Your Mortgage

Map preview of 1035 N Serrano Ave, Los Angeles, CA 90029

Property Overview: 1035 N Serrano Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,252 living square feet and 8,432 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1035 N Serrano Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1035 N Serrano Ave

Last sold for $599,000 on May 17th, 2016

September, 2024
Sep 11, 2024

Date

Withdrawn

CRMLS: 24401037

$4,200,000

Price
May 21, 2024

Date

Active

CRMLS: 24401037

$4,200,000

Price
Listing provided courtesy of CRMLS

VIEWS OF HOLLYWOOD SIGN AND GRIFFITH PARK OBSERVATORY. We are pleased to present the exclusive listing of 1035 North Serrano Avenue, a newly constructed five-unit state-of-the-art multifamily building located in Hollywood. Every unit features 4 bedrooms, 3.5 bathrooms, and a private rooftop, with a total of 9,343 rentable square feet. The property is a prime investment opportunity with its new construction located in Hollywood, offering luxurious living and stunning rooftop views. Each unit spans three levels and is designed with meticulous attention to detail. Interiors are equipped with upscale amenities such as laminate flooring, recessed lighting, central AC and heating, and a dedicated laundry area with a stackable washer and dryer. Kitchens are stylishly appointed with sleek countertops, top-of-the-line stainless steel appliances, and custom-crafted cabinets, while modern bathrooms showcase beautiful flooring. The spacious, light-filled bedrooms offer ample storage and breathtaking views. Each unit includes a two-car garage, enhancing convenience in the bustling Hollywood neighborhood. The property is strategically located in the heart of Hollywood, one of Los Angeles' most dynamic and culturally rich neighborhoods. This prime location offers unparalleled access to some of the city's most iconic landmarks and vibrant communities. Less than 5 miles away are highly diverse areas such as Korea Town, known for its eclectic mix of restaurants and nightlife; Silver Lake, famous for its trendy cafes and boutique shopping; West Hollywood, a hub for entertainment and high-end retail; Los Feliz, offering a blend of historic charm and modern amenities; and Fairfax, renowned for its arts and culture scene. The property also boasts proximity to major attractions like the Griffith Observatory, the Hollywood Sign, downtown LA, and the future site of Echelon Studios which will house approximately 110,000 square feet of production studios and support space, more than 388,000 square feet of offices, over 12,300 square feet of ground-floor restaurant space, and parking for 981 vehicles in two subterranean levels. In summary, 1035 North Serrano Avenue represents an excellent investment opportunity, to own a cutting-edge Five-Plex building that combines modern luxury, convenience, and captivating views in one of the most prime locations in Hollywood, making it a highly desirable address for discerning tenants and a lucrative investment for buyers. CofO to be delivered with successful close of escrow. Buyer to verify information independently and with listing broker.

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May, 2016
May 17, 2016

Date

Sold (Public Records)

Public Records

$599,000

Price
February, 2010
Feb 17, 2010

Date

Sold (Public Records)

Public Records

$249,000

Price

Tax History for 1035 N Serrano Ave

Assessed Value (2020): --

Year	Land Value	Improved Value	Assessed Value
2020	$648,375	--	--

About 1035 N Serrano Ave

Detailed summary of property

1035 N Serrano Ave is categorized with a use code of Duplex (2 Units, Any Combination) in Los Angeles, CA 90029 and last sold on May 17, 2016 for $599,000. This property has 3 bedrooms, 1 bathrooms, roughly 1,252 living square feet, and sits on an approximately 8,432 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 46.52% lower than the current median priced home. 1035 N Serrano Ave was last sold on May 17, 2016 for $599,000. Local nearby listings include 542 N Serrano Ave, 540-1 N Serrano Ave and 1410-1 N Serrano Ave. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 1035 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 1035 N Serrano Ave

Public county record property details

Beds: 3
Baths: 1
Year built: 1905
Sq. Ft.: 1,252
Lot Size: 8,432
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 28
APN: 5536-025-023

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

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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