702 S Serrano Ave #502 Los Angeles, CA 90005

$845,000 Sold Price as of 08/11/2017

3 Beds
3 Baths
1,500 Sq.Ft.

Off Market

$845,000 Sold Price as of 08/11/2017 Refinance Your Mortgage

Map preview of 702 S Serrano Ave #502, Los Angeles, CA 90005

Property Overview: 702 S Serrano Ave #502 Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,500 living square feet and 14,182 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

702 S Serrano Ave #502 is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $772. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $249,800 for the down payment and will need roughly $24,980 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $52,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 702 S Serrano Ave #502

Last sold for $845,000 on August 11th, 2017

August, 2017
Aug 12, 2017

Date

Sold

CRMLS: 17210942

$845,000

Price
Jul 17, 2017

Date

Pending

CRMLS: 17210942

$870,000

Price
Jul 12, 2017

Date

Withdrawn

CRMLS: 17210942

$870,000

Price
Jul 12, 2017

Date

Hold

CRMLS: 17210942

$870,000

Price
May 3, 2017

Date

Active

CRMLS: 17210942

$870,000

Price
Apr 24, 2017

Date

Hold

CRMLS: 17210942

$870,000

Price
Mar 24, 2017

Date

Active

CRMLS: 17210942

$870,000

Price
Mar 21, 2017

Date

Hold

CRMLS: 17210942

$870,000

Price
Mar 14, 2017

Date

Active

CRMLS: 17210942

$870,000

Price
Listing provided courtesy of CRMLS

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 OVER-SIZED GLASS AND OPEN BALCONY. STUNNING PANORAMIC CITY VIEW OF DOWNTOWN LA. According to NBGI Homes, building was structured with 8.0 Earthquake Sustainable Steel and offers Private Soundproof residential space between units. BUYER TO VERIFY. HIGHLY FUNCTIONAL Aluminum sliding glass windows improves performance to significantly reduce A/C and Heating costs. Master bath have Natural Limestone Jacuzzi tub and European Designer bathroom fixtures. Seller update with Stand-out, ever-popular Stainless "MIELE" Kitchen Appliances, Neo-modern Style Cabinetry, Granite counters, updated Mosaic Tile back-splash. Security Guard on Duty. Convenient Location !! Rare SIDE BY SIDE PARKING!! BEST OF THE BEST!! OFFER DEADLINE 7/11, TUESDAY 5PM.

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August, 2017
Aug 11, 2017

Date

Sold (Public Records)

Public Records

$845,000

Price
August, 2011
Aug 16, 2011

Date

Sold (Public Records)

Public Records

$600,000

Price

Tax History for 702 S Serrano Ave #502

Assessed Value (2020): $879,137

Year	Land Value	Improved Value	Assessed Value
2020	$479,000	$400,137	$879,137

About 702 S Serrano Ave #502

Detailed summary of property

702 S Serrano Ave #502 is a condominium in Los Angeles, CA 90005 and last sold on August 11, 2017 for $845,000. This condo has 3 bedrooms, 3 bathrooms, roughly 1,500 living square feet, and sits on an approximately 14,182 square foot lot. Homes 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 19.52% lower than the current median priced home. 702 S Serrano Ave #502 was last sold on August 11, 2017 for $845,000. Local nearby listings include 3785 Wilshire Blvd #909, 727 S Ardmore Ave #802 and 514 S Harvard Blvd #205. The average home in Los Angeles, CA is selling in 97 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. If you are the homeowner and looking to sell the home at 702 S Serrano Ave #502 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 #502

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: 5093-014-087

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

$849,000

Median List Price/Sq.Ft.

$629

Median Sold Price

$830,000

Median Sold Price/Sq.Ft.

$555

Total Inventory

Median Sale to List Price %

94.86%

Avg Days on Market

Loan Type

Conventional (25%), FHA (0%), VA (0%), Cash (0%), Other (25%)

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