702 S Serrano Ave #305, Los Angeles, CA 90005
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702 S Serrano Ave #305 Los Angeles, CA 90005

$840,000 Sold Price as of 11/18/2022
  • 2 Beds
  • 2 Baths
  • 1,290 Sq.Ft.
Sold
$840,000 Sold Price as of 11/18/2022 Refinance Your Mortgage

Map preview of 702 S Serrano Ave #305, Los Angeles, CA 90005

Property Overview: 702 S Serrano Ave #305 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,290 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: Come and enjoy this luxury K-town living! This bright and airy North West CORNER unit offers oversized windows with marble floor and bamboo floor in the bedrooms. The kitchen is equipped with Viking gas oven and European cabinets and wine cooler. Security on site at night time. couple blocks from Metro station, This steel frame building has roof top sundecks, fitness center and EV chargers in the parking garage. Centrally located and walking distance to many places such as Ralphs, Wiltern theatre, Korean markets, Starbucks, and major bank.

Listed by Isaac Song | BRE #01861903 | Level Real Estate
Last checked: 14 minutes ago | Last updated: November 22nd, 2022 | Source CRMLS | DOM: 28

Home details

Lot Sq. Ft
14,183
HOA Dues
$700/mo
Year built
2007
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
22199069
City
Los Angeles
County
Los Angeles
Time on Site
604 days

Virtual Tour

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Property Details for 702 S Serrano Ave #305

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Breakfast Counter / Bar
  • Flooring: Bamboo
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Security Features: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated with Guard
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 33
  • Parcel Number: 5093014080
  • Entry Level: 3
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $700 (Monthly)
Location / Neighborhood
Location Information
  • Directions: South of Wilshire Blvd, East of Western Ave.
View more facts & features

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Sale History for 702 S Serrano Ave #305

Last sold for $840,000 on November 18th, 2022
  • November, 2022

  • Nov 18, 2022

    Date

    Sold

    CRMLS: 22199069

    $840,000

    Price

  • Sep 12, 2022

    Date

    Active

    CRMLS: 22199069

    $849,000

    Price

  • August, 2021

  • Aug 23, 2021

    Date

    Active

    CRMLS: DW21185400

    $895,000

    Price

  • Aug 21, 2021

    Date

    Coming Soon

    CRMLS: DW21185400

    $895,000

    Price

  • Listing provided courtesy of CRMLS

    Luxury Serrano Palace Condo centrally located in the prime Korea Town. Newly built in 2007 featuring 2 bedroom, 2 bathroom, 1,290 sq ft with a bright open floor plan. End unit with private balcony with nice city view. Inside washer/dryer. Amenities include a sun deck, and fitness room and Guard on duty. Side by side parking spaces in underground garage, guest parking, 1 electric car charger spot. Building was constructed with 8.0 earthquake sustainable steel and offers private soundproof residential space between units. Most convenient location! Must see!

  • January, 2021

  • Jan 6, 2021

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • February, 2008

  • Feb 28, 2008

    Date

    Sold (Public Records)

    Public Records

    $766,000

    Price

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Tax History for 702 S Serrano Ave #305

Assessed Value (2020): $845,000
Year Land Value Improved Value Assessed Value
2020 $256,100 $588,900 $845,000

Home Value Compared to the Market

This property vs the competition

702 S Serrano Ave #305 sold on November 18, 2022 for 28.66% 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 $658.14 per/sqft which puts the price per square foot 12.83% lower than the current median sale per square foot for the city of Los Angeles.

About 702 S Serrano Ave #305

Detailed summary of property

702 S Serrano Ave #305 is a condominium that recently sold in Los Angeles, CA 90005. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,290 living square feet, and sits on an approximately 14,183 square foot lot. 702 S Serrano Ave #305 was first listed on ArdentRealEstateGroup.com on September 13, 2022. The homeowner sold the property for $840,000. 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 28.66% lower than the current median priced home. Local homes that are currently for sale include 848 Irolo St #307, 848 Irolo St #508 and 620 S Gramercy Pl #406. 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 93 days, 702 S Serrano Ave #305 has a days on market of 28 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 702 S Serrano Ave #305 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 #305

Public county record property details
Beds
2
Baths
2
Year built
2007
Sq. Ft.
1,290
Lot Size
14,182
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5093-014-080

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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Related Resources to 702 S Serrano Ave #305

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.