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702 S Serrano Ave, Los Angeles, CA 90005
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702 S Serrano Ave Los Angeles, CA 90005

$1,105,000 Sold Price as of 09/01/2022
  • 3 Beds
  • 2.5 Baths
  • 1,500 Sq.Ft.
Sold
$1,105,000 Sold Price as of 09/01/2022 Refinance Your Mortgage
Map preview of 702 S Serrano Ave, Los Angeles, CA 90005

Property Overview: 702 S Serrano Ave Los Angeles, CA has 3 bedrooms, 2.5 bathrooms, 1,500 living square feet and 14,183 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: FIRST TIME ON THE MARKET SINCE ORIGINALLY BUILT IN 2007. ONE OWNER. **Best Location in Town!! ULTRA-MODERN, ELEGANT & LUXURIOUS SERRANO TOWER PALACE CONDOMINIUM, NEWLY BUILT IN 2007. CUSTOM BUILT MODEL UNIT, LOCATED SOUTH-EAST CORNER WITH BRIGHT NATURAL SUN LIGHTS. BEAUTIFUL MARBLE FLOORS THROUGHOUT. Double Entry Entrance Doorway. SURROUNDED BY OVERSIZED GLASS AND AN OPEN BALCONY. STUNNING PANORAMIC CITY VIEW OF DOWNTOWN LA. According to Builder NBGI Homes, the building was constructed with 8.0 Earthquake Sustainable Steel and offers Private Soundproof residential space between units. BUYER TO VERIFY. HIGHLY FUNCTIONAL Aluminum sliding glass windows improve performance to significantly reduce A/C and Heating costs. Master bath has Natural Limestone Jacuzzi tub and European Designer bathroom fixtures. Brand New Washer and Dryer and Stainless Kitchen Appliances, Neo-modern Style Cabinetry, Granite counters, updated Mosaic Tile back-splash. Security Guard on Duty. Most Convenient Location !! The BEST of The BEST Living~ GROUND LEVER PARKING NOT SUBTERRANEAN PARKING.

Listed by Max Lee | BRE #01905008 | eXp Realty of California Inc
Co-listed by Bruce Lee | BRE #02032112 | eXp Realty of California Inc
Last checked: 4 minutes ago | Last updated: September 2nd, 2022 | Source CRMLS | DOM: 7

Home details

Lot Sq. Ft
14,183
HOA Dues
$700/mo
Year built
2007
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
22183215
City
Los Angeles
County
Los Angeles
Time on Site
652 days

Property Details for 702 S Serrano Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Living Room, Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Smoke Detector(s), Fire Sprinkler System, Gated Community, Guarded, Fire and Smoke Detection System, Card/Code Access, Carbon Monoxide Detector(s), Automatic Gate
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Has View
  • View: City Lights, Panoramic
  • Total # of Units: 33
  • Parcel Number: 5093014097
  • Architectural Style: Modern
  • Entry Level: 7
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $700 (Monthly)
  • Association Amenities: Pet Rules, Controlled Access, Hot Water, Security
Location / Neighborhood
Location Information
  • Directions: Just 1 Block South of Wilshire Blvd. (Starbucks) 1 Block East of Oxford Ave. (Ralphs & Wiltern Theatre) North of Olympic Blvd. West of Normandie Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 702 S Serrano Ave

Last sold for $1,105,000 on September 1st, 2022

  • September, 2022

  • Sep 1, 2022

    Date

    Sold

    CRMLS: 22183215

    $1,105,000

    Price

  • Jul 26, 2022

    Date

    Active

    CRMLS: 22183215

    $1,120,000

    Price

  • December, 2007

  • Dec 19, 2007

    Date

    Sold (Public Records)

    Public Records

    $1,001,000

    Price

  • January, 2005

  • Jan 21, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 702 S Serrano Ave

Assessed Value (2020): $1,000,000
Year Land Value Improved Value Assessed Value
2020 $700,000 $300,000 $1,000,000

Home Value Compared to the Market

This property vs the competition

702 S Serrano Ave sold on September 1, 2022 for 5.88% 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 $746.67 per/sqft which puts the price per square foot 1.1% lower than the current median sale per square foot for the city of Los Angeles.

About 702 S Serrano Ave

Detailed summary of property

702 S Serrano Ave is a condominium that recently sold in Los Angeles, CA 90005. This condo offered 3 bedrooms, 2.5 bathrooms, roughly 1,500 living square feet, and sits on an approximately 14,183 square foot lot. 702 S Serrano Ave was first listed on ArdentRealEstateGroup.com on July 27, 2022. The homeowner sold the property for $1,105,000. 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 5.88% lower than the current median priced home. Local homes that are currently for sale include 109 S St Andrews Pl #5, 2746 W 14th St and 2736 W 14th St. This home does have a Homeowners Association and the monthly fee is $700 per month. While the average home in Los Angeles, CA is selling in 94 days, 702 S Serrano Ave has a days on market of 7 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 702 S Serrano Ave Los Angeles, CA 90005 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 702 S Serrano Ave

Public county record property details
Beds
3
Baths
3
Year built
2007
Sq. Ft.
1,500
Lot Size
14,182
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5093-014-097

The source for these homes facts are from public records.

90005 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$799,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
34
Median Sale to List Price %
100.14%
Avg Days on Market
62
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (16.67%), Other (0%)

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Recently Sold Homes Near 702 S Serrano Ave

702 S Serrano Ave #503, Los Angeles, CA 90005
$775,000 Last Sold Price
2 Beds
2 Baths
1130 Sq.Ft.
702 S Serrano Ave #503
Los Angeles, CA 90005
702 S Serrano Ave #402, Los Angeles, CA 90005
$895,000 Last Sold Price
3 Beds
2 Baths
1500 Sq.Ft.
702 S Serrano Ave #402
Los Angeles, CA 90005
702 S Serrano Ave #305, Los Angeles, CA 90005
$840,000 Last Sold Price
2 Beds
2 Baths
1290 Sq.Ft.
702 S Serrano Ave #305
Los Angeles, CA 90005
702 S Serrano Ave #304, Los Angeles, CA 90005
$790,000 Last Sold Price
2 Beds
2 Baths
1160 Sq.Ft.
702 S Serrano Ave #304
Los Angeles, CA 90005

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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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