1106 S Serrano Ave Los Angeles, CA 90006

$1,100,000 Sold Price as of 12/27/2019

3 Beds
3 Baths
2,183 Sq.Ft.

Off Market

$1,100,000 Sold Price as of 12/27/2019 Refinance Your Mortgage

Map preview of 1106 S Serrano Ave, Los Angeles, CA 90006

Property Overview: 1106 S Serrano Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 2,183 living square feet and 6,213 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1106 S 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 $768. 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 1106 S Serrano Ave

Last sold for $1,100,000 on December 27th, 2019

December, 2019
Dec 31, 2019

Date

Sold

CRMLS: 19529378

$1,100,000

Price
Dec 4, 2019

Date

Pending

CRMLS: 19529378

$1,199,800

Price
Nov 24, 2019

Date

Price Change

CRMLS: 19529378

$1,199,800

Price
Nov 12, 2019

Date

Active

CRMLS: 19529378

$1,299,900

Price
Listing provided courtesy of CRMLS

6,213 SF TOC Tier 3 R4 SFR DELIVERED VACANT IN KOREATOWN PROPER! What a great opportunity to snatch this great sized lot in Koreatown. Perched up on a quiet tree lined street, this beautifully maintained charming home is tucked away in the Hot Koreatown neighborhood. Sitting on a great sized 6,213 SF lot, 46 Ft x 135 Ft, zoned TOC Tier 3 R4, this one totally screams for small lot developers' attention as an ideal end product. Property is under Tier 3 TOC (Transit Oriented Community) guidelines which grants 70% maximum increase in the otherwise maximum allowed number of units permitted under the applicable zoning. Meaning you can build up to 26 units on this single lot. Centrally located near everything! Located right in between Beverly Hills & DTLA, the centrally located Mid-Wilshire submarket boasts some of the highest rents in Los Angeles. The area's prestigious location, strong employment base, local attractions, and easy access to nearby job hubs ensure consistent demand.

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December, 2019
Dec 27, 2019

Date

Sold (Public Records)

Public Records

$1,100,000

Price
November, 2019
Nov 27, 2019

Date

Expired

CRMLS: 19504062

$1,299,000

Price
Oct 24, 2019

Date

Withdrawn

CRMLS: 19504062

$1,299,000

Price
Oct 6, 2019

Date

Price Change

CRMLS: 19504062

$1,299,000

Price
Sep 18, 2019

Date

Price Change

CRMLS: 19504062

$1,349,000

Price
Aug 27, 2019

Date

Active

CRMLS: 19504062

$1,395,000

Price
Listing provided courtesy of CRMLS

Attention developers!!!!! Location, location, location. A highly coveted rental area in the heart of Koreatown. Zoned R4/ TOC 3. Conveniently located to the metro line, Mid-Wilshire and Downtown Los Angeles. Walk score of 94! Current property is a single-family dwelling composed of three bedrooms and three baths, is sold as is, and will be delivered vacant at COE.

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August, 2019
Aug 26, 2019

Date

Canceled

CRMLS: 19484380

$1,400,000

Price
Jul 3, 2019

Date

Active

CRMLS: 19484380

$1,400,000

Price
Listing provided courtesy of CRMLS

ATTENTION DEVELOPERS!! TEAR-DOWN ON FLAT LOT. Don't miss out on this development opportunity located in the highly sought after Korea-Town area in a high rental area. Zoned R4/ TOC 3. Property sold AS-IS. Property delivered vacant at the COE. Conveniently located a few blocks from the metro red and blue line; along with major bus lines. Just minutes from popular neighborhoods and hotspots including Mid Wilshire, and Downtown Los Angeles. ALL OFFERS WILL BE REVIEWED. HIGHLY MOTIVATED SELLER!

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July, 2019
Jul 1, 2019

Date

Expired

CRMLS: DW18289801

$2,200,000

Price
Feb 23, 2019

Date

Withdrawn

CRMLS: DW18289801

$2,200,000

Price
Jan 10, 2019

Date

Price Change

CRMLS: DW18289801

$2,200,000

Price
Dec 12, 2018

Date

Active

CRMLS: DW18289801

$2,500,000

Price
Listing provided courtesy of CRMLS

LOCATION!! LOCATION!!LOCATION!! LOCATION!!LOCATION!!LOCATION!!LOCATION!!LOCATION!!LOCATION!!LOCATION!!LOCATION!!LOCATION!! Single family home investment opportunity located in Korea town sub market of Los Angeles. Great opportunity for an investor or developer to use the Transit Oriented Communities (TOC) incentives to add more density to the complex. Zone R4-IVL and TIER #3

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December, 1996
Dec 27, 1996

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1106 S Serrano Ave

Assessed Value (2020): $1,100,000

Year	Land Value	Improved Value	Assessed Value
2020	$880,000	$220,000	$1,100,000

About 1106 S Serrano Ave

Detailed summary of property

1106 S Serrano Ave is a single family home in Los Angeles, CA 90006 and last sold on December 27, 2019 for $1,100,000. This house has 3 bedrooms, 3 bathrooms, roughly 2,183 living square feet, and sits on an approximately 6,213 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 1.79% lower than the current median priced home. 1106 S Serrano Ave was last sold on December 27, 2019 for $1,100,000. Local nearby listings include 815 S Harvard Blvd #302, 957 S Gramercy Dr #105 and 1052 S Wilton Pl. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1106 S Serrano Ave Los Angeles, CA 90006 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1106 S Serrano Ave

Public county record property details

Beds: 3
Baths: 3
Year built: 1950
Sq. Ft.: 2,183
Lot Size: 6,213
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 15
APN: 5080-018-014

The source for these homes facts are from public records.

90006 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$799,000

Median List Price/Sq.Ft.

$598

Median Sold Price

$760,000

Median Sold Price/Sq.Ft.

$597

Total Inventory

Median Sale to List Price %

87.46%

Avg Days on Market

Loan Type

Conventional (42.86%), FHA (0%), VA (0%), Cash (0%), Other (42.86%)

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(714) 706-1823

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