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518 N Serrano Ave, Los Angeles, CA 90004
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518 N Serrano Ave Los Angeles, CA 90004

$1,090,000 Sold Price as of 10/13/2021
  • 3 Beds
  • 2 Baths
  • 1,680 Sq.Ft.
Sold
$1,090,000 Sold Price as of 10/13/2021 Refinance Your Mortgage
Map preview of 518 N Serrano Ave, Los Angeles, CA 90004

Property Overview: 518 N Serrano Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,680 living square feet and 6,001 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention investors! B.O.M, Excellent opportunity to build 3 units on a big lot in Hollywood/Koreatown adjacent LAR3. This is the first time the home has been on the market in almost 40 years! This home offers 3 bedrooms, 2 baths, recessed lighting throughout the main living area, and a garage near the busy Melrose Ave. part of town. There is a guava tree in front and is close to many stores for shopping. This area is highly desired and is a dream for any investor looking to maximize the lot space. Also, a lot of opportunity to update existing features.

Listed by Sameh Riad | BRE #01904751 | Pioneers Home Realty, Inc.
Last checked: 12 minutes ago | Last updated: October 13th, 2021 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
6,001
HOA Dues
$0/mo
Year built
1912
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
SR21173660
City
Los Angeles
County
Los Angeles
Time on Site
989 days

Property Details for 518 N Serrano Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Family Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • Flooring: Wood
  • Attic, Entry, Family Room, Kitchen, Living Room
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Has Fence
  • Brick, Masonry
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch, Rear Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Carport, Detached Carport, Driveway, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Front Yard, Landscaped, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5521012009
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Corner of Western Ave and Melrose
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 518 N Serrano Ave

Last sold for $1,090,000 on October 13th, 2021

  • September, 2021

  • Sep 17, 2021

    Date

    Active Under Contract

    CRMLS: SR21173660

    $1,099,000

    Price

  • Sep 17, 2021

    Date

    Pending

    CRMLS: SR21173660

    $1,099,000

    Price

  • Sep 13, 2021

    Date

    Active

    CRMLS: SR21173660

    $1,099,000

    Price

  • Aug 27, 2021

    Date

    Pending

    CRMLS: SR21173660

    $1,099,000

    Price

  • Aug 12, 2021

    Date

    Active

    CRMLS: SR21173660

    $1,099,000

    Price

Tax History for 518 N Serrano Ave

Assessed Value (2020): $70,648
Year Land Value Improved Value Assessed Value
2020 $44,358 $26,290 $70,648

Home Value Compared to the Market

This property vs the competition

518 N Serrano Ave sold on October 13, 2021 for 4.67% higher than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $654.17 per/sqft which puts the price per square foot 11.36% lower than the current median sale per square foot for the city of Los Angeles.

About 518 N Serrano Ave

Detailed summary of property

518 N Serrano Ave is a single family home that recently sold in Los Angeles, CA 90004. This house offered 3 bedrooms, 2 bathrooms, roughly 1,680 living square feet, and sits on an approximately 6,001 square foot lot. 518 N Serrano Ave was first listed on ArdentRealEstateGroup.com on August 12, 2021. The homeowner sold the property for $1,090,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 4.67% higher than the current median priced home. Local homes that are currently for sale include 918-1 N Ridgewood Pl, 811 N Kenmore Ave and 321 Oxford Ave #205. While the average home in Los Angeles, CA is selling in 97 days, 518 N Serrano Ave has a days on market of 15 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 518 N Serrano Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 518 N Serrano Ave

Public county record property details
Beds
3
Baths
2
Year built
1912
Sq. Ft.
1,680
Lot Size
6,000
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
8,9
APN
5521-012-009

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,388,000
Median List Price/Sq.Ft.
$815
Median Sold Price
$1,163,014
Median Sold Price/Sq.Ft.
$789
Total Inventory
66
Median Sale to List Price %
93.04%
Avg Days on Market
39
Loan Type
Conventional (27.27%), FHA (0%), VA (0%), Cash (9.09%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Recently Sold Homes Near 518 N Serrano Ave

532 N Serrano Ave, Los Angeles, CA 90004
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542 N Serrano Ave, Los Angeles, CA 90004
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460 N Serrano Ave, Los Angeles, CA 90004
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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