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638 N Serrano Ave Los Angeles, CA 90004

$780,000 Sold Price as of 05/17/2019

3 Beds
2 Baths
2,186 Sq.Ft.

Sold

$780,000 Sold Price as of 05/17/2019 Refinance Your Mortgage

Map preview of 638 N Serrano Ave, Los Angeles, CA 90004

Property Overview: 638 N Serrano Ave Los Angeles, CA has 3 bedrooms, 2 bathrooms, 2,186 living square feet and 5,525 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present this opportunity to purchase a duplex in a highly sought after area in Los Angeles. Great location. Close to Silverlake, Hollywood, Los Feliz, restaurants, LACC, etc... Two units with a total of three bedrooms and two bathrooms. Zoned LAR3 - 5,525 square foot lot.

Listed by Sebastian Stofenmacher | BRE #01328684 | Edgestone Real Estate, Inc.

Last checked: 8 minutes ago | Last updated: April 18th, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft: 5,525
HOA Dues: $0/mo
Year built: 1900
Garage: 1 Car
Property Type:: Multi Family

Status: Sold
MLS#: PW19082161
City: Los Angeles
County: Los Angeles
Time on Site: 1221 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 2
Total # of Buildings: 2
# of Electric Meters: 2
# of Gas Meters: 2
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 2
# of Baths: 1
Garage Spaces: 0
Garaged Attached? No
Furnishing: Unfurnished
Total Rent: $0
Pro Forma/Market Rent: $2,850

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $350
Total Rent: $350
Pro Forma/Market Rent: $2,100

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $0
Net Operating Income: $0
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $0
Electric: $0
Gas/Fuel: $0
New Taxes: $0
Trash: $0
Insurance: $0
Water/Sewer: $0

Property Details for 638 N Serrano Ave

Interior Features

Laundry Information

No Laundry
None

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 1
# of Parking Spaces: 1

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor

Property Information

Common Walls: No Common Walls
Total # of Units: 2
Parcel Number: 5521004006
Year Built Source: Assessor
Property is not Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: Melrose and Western

Neighborhood Information

Community Features: Curbs

View more facts & features

Local Los Angeles Agent

Sale History for 638 N Serrano Ave

Last sold for $780,000 on May 17th, 2019

April, 2022
Apr 18, 2022

Date

Expired

CRMLS: 22118595

$4,850

Price
Jan 17, 2022

Date

Active

CRMLS: 22118595

$4,850

Price
Listing provided courtesy of CRMLS

1ST MONTH FREE RENT!! Be the "FIRST" to live in this BRAND NEW 4 Bedroom, 4 Bath Townhouse Style unit! Beautiful townhome in the quiet "Melrose Hill" neighborhood. Centrally located to Hollywood, Hancock Park, Koreatown, Silver Lake, many other desirable neighborhoods with trendy shopping and restaurants within close proximity. Close to Paramount Studios, Los Angeles City College, Metro Red Line stops and easy access to the 101 freeway! Only 1.3 miles to the Vermont/Beverly station and on a quiet residential street. About a 15 minute walk to LACC or Lemon Grove Recreation Center/Park. This is your perfect place to call home! Large dining and living rooms * Lots of closet space and natural light * Modern spacious Kitchen with beautiful cabinets * Quartz counter tops and Tile backsplash * Stainless steel appliance package includes French door Fridge, Dishwasher, Stove/Oven, Garbage Disposal * Microwave hood * In unit Washer/Dryer for private use. Modern bathrooms with Beautiful vanities, stone tops * Fully Tiled floors, and shower. LED Recess Lighting * Window Coverings throughout the units * Private deck/balconies * Please email to request an application package PLEASE NOTE: Photos provided for reference and may be from any units in the complex. Square footage is approximate. Please see private remarks for showing instructions or any inquiries about the availability of units.

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May, 2019
May 17, 2019

Date

Sold

CRMLS: PW19082161

$780,000

Price
Apr 23, 2019

Date

Pending

CRMLS: PW19082161

$700,000

Price
Apr 11, 2019

Date

Active

CRMLS: PW19082161

$700,000

Price
May, 2019
May 17, 2019

Date

Sold (Public Records)

Public Records

$780,000

Price
April, 2011
Apr 26, 2011

Date

Sold (Public Records)

Public Records

$351,311

Price

Tax History for 638 N Serrano Ave

Assessed Value (2020): $795,600

Year	Land Value	Improved Value	Assessed Value
2020	$636,480	$159,120	$795,600

Home Value Compared to the Market

This property vs the competition

638 N Serrano Ave sold on May 17, 2019 for 41.18% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $320.22 per/sqft which puts the price per square foot 57.59% lower than the current median sale per square foot for the city of Los Angeles.

About 638 N Serrano Ave

Detailed summary of property

638 N Serrano Ave is a multi family that recently sold in Los Angeles, CA 90004. This multi family property offered 3 bedrooms, 2 bathrooms, roughly 2,186 living square feet, and sits on an approximately 5,525 square foot lot. 638 N Serrano Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $780,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.18% lower than the current median priced home. Local homes that are currently for sale include 1543 W 22nd Pl, 1530 W Temple St and 1466 W 22nd St. While the average home in Los Angeles, CA is selling in 94 days, 638 N Serrano Ave has a days on market of 12 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 638 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 638 N Serrano Ave

Public county record property details

Beds: 3
Baths: 2
Year built: --
Sq. Ft.: 2,186
Lot Size: 5,525
Stories: --

Type: Duplex (2 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 6
APN: 5521-004-006

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.

$795

Median Sold Price

$1,650,000

Median Sold Price/Sq.Ft.

$873

Total Inventory

Median Sale to List Price %

97.35%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (13.33%), Other (0%)

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Homes for Sale Near 638 N Serrano Ave

Nearby Homes for Sale

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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.