1610 N Serrano Ave Los Angeles, CA 90027

$1,495,000 Sold Price as of 03/19/2019

8 Beds
5 Baths
4,505 Sq.Ft.

Off Market

$1,495,000 Sold Price as of 03/19/2019 Refinance Your Mortgage

Map preview of 1610 N Serrano Ave, Los Angeles, CA 90027

Property Overview: 1610 N Serrano Ave Los Angeles, CA has 8 bedrooms, 5 bathrooms, 4,505 living square feet and 8,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1610 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 $1,209,000. 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 $241,800 for the down payment and will need roughly $24,180 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 1610 N Serrano Ave

Last sold for $1,495,000 on March 19th, 2019

May, 2019
May 23, 2019

Date

Sold

CRMLS: 19421314

$1,495,000

Price
Feb 2, 2019

Date

Pending

CRMLS: 19421314

$1,495,000

Price
Jan 9, 2019

Date

Active

CRMLS: 19421314

$1,495,000

Price
Listing provided courtesy of CRMLS
March, 2019
Mar 19, 2019

Date

Sold (Public Records)

Public Records

$1,495,000

Price
November, 2018
Nov 13, 2018

Date

Expired

CRMLS: 18387438

$1,750,000

Price
Sep 18, 2018

Date

Active

CRMLS: 18387438

$1,750,000

Price
Listing provided courtesy of CRMLS

We are pleased to present for sale a 5-unit apartment community in a desirable Hollywood location. Not featured on the market in over 30 years, the Property consists of a well-maintained three-bedroom + office house as well as two duplexes. This charming character property will be delivered with one extensively renovated vacant unit and allows investors to add significant value through further property renovation and improved management. The Property is centrally located near several major employment hubs including Netflix, Viacom, and Paramount. Further, tenants will enjoy a transit-oriented area, minutes away from the Hollywood/Western Metro Red Line Station. Year on year rents in submarket have increased an average of more than eight-percent over the last three years and are projected to continue the trend as inventory remains scarce

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Tax History for 1610 N Serrano Ave

Assessed Value (2020): $1,524,900

Year	Land Value	Improved Value	Assessed Value
2020	$1,020,000	$504,900	$1,524,900

About 1610 N Serrano Ave

Detailed summary of property

1610 N Serrano Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90027 and last sold on March 19, 2019 for $1,495,000. This property has 8 bedrooms, 5 bathrooms, roughly 4,505 living square feet, and sits on an approximately 8,750 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 33.48% higher than the current median priced home. 1610 N Serrano Ave was last sold on March 19, 2019 for $1,495,000. Local nearby listings include 1624 N Normandie Ave #D, 1624 N Normandie Ave #C and 2020 N Serrano Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 1610 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 1610 N Serrano Ave

Public county record property details

Beds: 8
Baths: 5
Year built: 1922
Sq. Ft.: 4,505
Lot Size: 8,750
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 18
APN: 5544-020-012

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

$2,495,000

Median List Price/Sq.Ft.

$938

Median Sold Price

$2,340,000

Median Sold Price/Sq.Ft.

$1,093

Total Inventory

Median Sale to List Price %

126.55%

Avg Days on Market

Loan Type

Conventional (14.29%), FHA (0%), VA (0%), Cash (7.14%), Other (0%)

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(714) 706-1823

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