1376 N Serrano Ave Los Angeles, CA 90027

$--

16 Beds
14 Baths
9,042 Sq.Ft.

Off Market

Map preview of 1376 N Serrano Ave, Los Angeles, CA 90027

Property Overview: 1376 N Serrano Ave Los Angeles, CA has 16 bedrooms, 14 bathrooms, 9,042 living square feet and 8,705 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1376 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 $1,250,000. The median price per/sqft for Los Angeles is $773. 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 $250,000 for the down payment and will need roughly $25,000 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 $52,500. 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 1376 N Serrano Ave

Last sold on December 4th, 2012

July, 2019
Jul 10, 2019

Date

Active

CRMLS: 19486830

$4,200,000

Price
Listing provided courtesy of CRMLS

We are pleased to announce the sale of 1376 N Serrano Avenue, a 14-unit multifamily property located in Hollywood, less than one block from Sunset Boulevard. Tenants are also within walking distance of Paseo Plaza, another potential development that could feature 300,000 square feet of shopping centers along Santa Monica Boulevard. A new owner can take advantage of the neighborhood's rapid improvements and potentially recapture the approximately 24% in rent upside, as current rents already sit below those of similar units in this submarket. The building currently features wood flooring, granite countertops and remodeled bathrooms in select units. An on-site laundry room provides a boost to the owner's income. The 9,042 square foot building was constructed in 1958 and includes both one- and two-bedroom units. Tenants benefit from on-site parking as well as the property's proximity to the 101 Freeway and the Metro Red Line.

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December, 2018
Dec 31, 2018

Date

Expired

CRMLS: 15941477

$4,200,000

Price
Sep 14, 2015

Date

Price Change

CRMLS: 15941477

$4,200,000

Price
Listing provided courtesy of CRMLS

Serrano Apartments located in the heart of Hollywood. Upside potential, the building consists of 14 total units. 12 large one bedrooms / one bathroom and 2 two bedrooms / one bathroom. The building has undergone many recent upgrades including cooper plumbing, some units with granite counter tops and new flooring, etc. Building offers a total 9 gated parking spaces along with its own laundry onsite facility for the tenants to enjoy.

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December, 2012
Dec 4, 2012

Date

Sold (Public Records)

Public Records

--

Price
November, 2004
Nov 29, 2004

Date

Sold (Public Records)

Public Records

$1,170,000

Price

Tax History for 1376 N Serrano Ave

Assessed Value (2020): $1,492,215

Year	Land Value	Improved Value	Assessed Value
2020	$637,274	$854,941	$1,492,215

About 1376 N Serrano Ave

Detailed summary of property

1376 N Serrano Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90027 and is currently off market. This property has 16 bedrooms, 14 bathrooms, roughly 9,042 living square feet, and sits on an approximately 8,705 square foot lot. Homes in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Local nearby listings include 1624 N Normandie Ave #C, 1624 N Normandie Ave #A and 1624 N Normandie Ave #D. The average home in Los Angeles, CA is selling in 97 days. There are currently 3357 homes for sale in the Los Angeles real estate market and 2273 of them are single family homes while 993 of them are condos and 86 are townhomes. If you are the homeowner and looking to sell the home at 1376 N Serrano Ave Los Angeles, CA 90027 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1376 N Serrano Ave

Public county record property details

Beds: 16
Baths: 14
Year built: 1959
Sq. Ft.: 9,042
Lot Size: 8,705
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 50
APN: 5544-033-034

The source for these homes facts are from public records.

90027 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,450,000

Median List Price/Sq.Ft.

$984

Median Sold Price

$1,900,000

Median Sold Price/Sq.Ft.

$885

Total Inventory

Median Sale to List Price %

102.7%

Avg Days on Market

Loan Type

Conventional (12.5%), FHA (0%), VA (0%), Cash (12.5%), Other (0%)

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(714) 706-1823

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