438 S Serrano Ave Los Angeles, CA 90020

$--

6 Beds
3 Baths
3,658 Sq.Ft.

Off Market

Map preview of 438 S Serrano Ave, Los Angeles, CA 90020

Property Overview: 438 S Serrano Ave Los Angeles, CA has 6 bedrooms, 3 bathrooms, 3,658 living square feet and 9,006 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

438 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 $1,209,000. 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 438 S Serrano Ave

Last sold on January 14th, 2003

August, 2022
Aug 9, 2022

Date

Expired

CRMLS: 22154605

$1,980,000

Price
May 8, 2022

Date

Active

CRMLS: 22154605

$2,280,000

Price
Listing provided courtesy of CRMLS

A rare investment opportunity to acquire a single family residence lot located at the heart of Koreatown Los Angeles along with state of the art accessory dwelling unit (ADU) designed by three Ph.D.s in architecture with an emphasis in building science from UC Berkeley.The single family residence was built in 1916 with traditional architecture,Victorian to arts and crafts. It's situated on a large 9,006 square ft lot. The property consists of the main house (approx. 3,900 sqft), a permitted State of the Art ADU (approx. 500 sqft), and a garage (approx. 400 sqft). The main house needs some updates but it will be delivered with ready-to-issue remodeling permit (8beds+7baths) and a JADU permit (Studio w/ A Full Bath). Ideally entitled for an owner/investor that appreciates passive rental income potentials(short & long). The ADU, designed as a state of the art high performance building, both with regards to energy performance and indoor environmental quality (i.e. optimized usable daylight, control of thermal comfort, control of air quality, and acoustics) will be delivered with a certificate of occupancy. Do not miss an opportunity to own this gem! Located in the densest part of Los Angeles, walking distance to multiple businesses/landmarks and major transportations.Great potentials by new plans and value of the land!

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January, 2003
Jan 14, 2003

Date

Sold (Public Records)

Public Records

--

Price
November, 2000
Nov 8, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 438 S Serrano Ave

Assessed Value (2020): $774,712

Year	Land Value	Improved Value	Assessed Value
2020	$595,937	$178,775	$774,712

About 438 S Serrano Ave

Detailed summary of property

438 S Serrano Ave is a single family home in Los Angeles, CA 90020 and is currently off market. This house has 6 bedrooms, 3 bathrooms, roughly 3,658 living square feet, and sits on an approximately 9,006 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. Local nearby listings include 3785 Wilshire Blvd #2211, 3785 Wilshire Blvd #1504 and 3785 Wilshire Blvd #2107. 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 438 S Serrano Ave Los Angeles, CA 90020 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 438 S Serrano Ave

Public county record property details

Beds: 6
Baths: 3
Year built: 1916
Sq. Ft.: 3,658
Lot Size: 9,006
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 84
APN: 5503-012-004

The source for these homes facts are from public records.

90020 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$795,000

Median List Price/Sq.Ft.

$673

Median Sold Price

$661,000

Median Sold Price/Sq.Ft.

$656

Total Inventory

Median Sale to List Price %

94.56%

Avg Days on Market

Loan Type

Conventional (0%), FHA (11.11%), VA (0%), Cash (0%), Other (11.11%)

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