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

$1,200,000
  • 3 Beds
  • 2 Baths
  • 1,879 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified

Map preview of 534 N Serrano Ave, Los Angeles, CA 90004

Property Overview: 534 N Serrano Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,879 living square feet and 6,830 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Two charming bungalow homes on a lot circa Koreatown, offering an opportunity for owner-occupancy of one unit or development potential in LAR3 zoning. The property features a vacant back unit with 1 bedroom and 1 bathroom, and a tenant-occupied front unit with 2 bedrooms and 1.5 bathrooms. The back unit includes a living room with a fireplace, large kitchen, walk-in closet, recessed lighting throughout with ts own large outdoor space, and a laundry area in the backyard. Conveniently located near Larchmont Village, Hollywood, Koreatown, Mid-Wilshire, and the Metro Station, as well as Paramount Studios, and Wilshire Country Club.

Listed by Atsuko Kimoto | BRE #01842262 | Sotheby's International Realty
Last checked: 3 minutes ago | Last updated: August 22nd, 2024 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
6,830
HOA Dues
$0/mo
Year built
1917
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24422185
City
Los Angeles
County
Los Angeles
Time on Site
48 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 534 N Serrano Ave

Interior Features
Heating Information
  • Has Heating
  • Fireplace(s)
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5521012005
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Between Melrose Ave and Beverly Blvd, Western Ave and Normandie Ave
View more facts & features

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Sale History for 534 N Serrano Ave

Last sold for $560,000 on October 31st, 2008
  • July, 2024

  • Jul 31, 2024

    Date

    Active

    CRMLS: 24422185

    $1,200,000

    Price

  • October, 2008

  • Oct 31, 2008

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • October, 2008

  • Oct 2, 2008

    Date

    Expired

    CRMLS: 12102613

    $599,000

    Price

  • Nov 28, 2007

    Date

    Active

    CRMLS: 12102613

    $739,000

    Price

  • Listing provided courtesy of CRMLS

    SHORT SALE! Two updated Craftsman homes on a lot along with a garage converted studio. The front 2 bedroom + den and 2 bath unit has a mixture of hardwood, tiled and carpeted flooring. Along with an updated kitchen and bathroom. Gorgeous 1 bed/1 bath rear unit has hardwood flooring, up- dated Kitchen and bath. Perfect for Owner User. Buyer to cooperate with short sale.

  • July, 2008

  • Jul 8, 2008

    Date

    Sold (Public Records)

    Public Records

    $699,000

    Price

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Tax History for 534 N Serrano Ave

Assessed Value (2020): $659,387
Year Land Value Improved Value Assessed Value
2020 $541,643 $117,744 $659,387

Home Value Compared to the Market

This property vs the competition

534 N Serrano Ave is listed 0% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $638.64 per/sqft which puts the price per square foot 16.84% lower than the median price per square foot for the city of Los Angeles.

About 534 N Serrano Ave

Detailed summary of property

534 N Serrano Ave is a multi family located in Los Angeles, CA 90004 and is currently for sale. This multi family property offers 3 bedrooms, 2 bathrooms, roughly 1,879 living square feet, and sits on an approximately 6,830 square foot lot. 534 N Serrano Ave was first listed on ArdentRealEstateGroup.com on August 1, 2024. The homeowner is currently asking $1,200,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 0% higher than the median priced home. Local competing homes currently for sale include 5415 Monroe St, 5154 Romaine St and 747 N Wilton Pl. While the average home in Los Angeles, CA is selling in 106 days, 534 N Serrano Ave has a days on market of 47 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. For more information on this home for sale at 534 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 534 N Serrano Ave

Public county record property details
Beds
3
Baths
2
Year built
1917
Sq. Ft.
1,879
Lot Size
6,829
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5521-012-005

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
$1,500,000
Median List Price/Sq.Ft.
$808
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
79
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 534 N Serrano Ave

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.