702 S Serrano Ave #503, Los Angeles, CA 90005
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702 S Serrano Ave #503 Los Angeles, CA 90005

$775,000 Sold Price as of 02/27/2024
  • 2 Beds
  • 2 Baths
  • 1,130 Sq.Ft.
Sold
$775,000 Sold Price as of 02/27/2024 Refinance Your Mortgage

Map preview of 702 S Serrano Ave #503, Los Angeles, CA 90005

Property Overview: 702 S Serrano Ave #503 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,130 living square feet and 14,187 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 2007 Built luxury condo unit. Downtown LA views from the in-unit spacious private balcony. 5th floor North-east corner unit with large windows for all day natural lighting with views. 2 bed + 2 bath with a hot tub. Beautifully designed kitchen with Viking gas range / oven. The condo offers fitness center and additional stunning city views from the accessible rooftop. Fitness center and a nighttime security guard onsite. Conveniently located to restaurants, golf range, entertainment, theater. Heart of the city living at it's best.

Listed by Matthew Yim | BRE #01902417 | Coldwell Banker Realty
Co-listed by Susan Yim | BRE #01883730 | Coldwell Banker Realty
Last checked: 16 minutes ago | Last updated: February 27th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
14,187
HOA Dues
$750/mo
Year built
2007
Garage
--
Property Type:
Condominium
Status
Sold
MLS#
24345927
City
Los Angeles
County
Los Angeles
Time on Site
121 days

Property Details for 702 S Serrano Ave #503

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
  • Flooring: Carpet
  • Primary Bathroom, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Gated Community, Automatic Gate, Card/Code Access
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: Garage - Two Door, Assigned, Covered
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 33
  • Parcel Number: 5093014088
  • Architectural Style: Modern
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $750 (Monthly)
  • Association Amenities: Pet Rules
Assessment Information
  • No Assessments
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 #503

Last sold for $775,000 on February 27th, 2024
  • February, 2024

  • Feb 27, 2024

    Date

    Sold

    CRMLS: 24345927

    $775,000

    Price

  • Jan 10, 2024

    Date

    Active

    CRMLS: 24345927

    $769,000

    Price

  • August, 2008

  • Aug 11, 2008

    Date

    Sold (Public Records)

    Public Records

    $760,000

    Price

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Tax History for 702 S Serrano Ave #503

Assessed Value (2020): $825,000
Year Land Value Improved Value Assessed Value
2020 $250,700 $574,300 $825,000

Home Value Compared to the Market

This property vs the competition

702 S Serrano Ave #503 sold on February 27, 2024 for 35.38% 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 $680.53 per/sqft which puts the price per square foot 9.86% lower than the current median sale per square foot for the city of Los Angeles.

About 702 S Serrano Ave #503

Detailed summary of property

702 S Serrano Ave #503 is a condominium that recently sold in Los Angeles, CA 90005. This condo offered 2 bedrooms, 2 bathrooms, roughly 1,130 living square feet, and sits on an approximately 14,187 square foot lot. 702 S Serrano Ave #503 was first listed on ArdentRealEstateGroup.com on January 10, 2024. The homeowner sold the property for $775,000. 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 35.38% lower than the current median priced home. Local homes that are currently for sale include 620 S Gramercy Pl #406, 620 Gramercy Pl #402 and 961 S Manhattan Pl #3. This home does have a Homeowners Association and the monthly fee is $750 per month. While the average home in Los Angeles, CA is selling in 93 days, 702 S Serrano Ave #503 has a days on market of 13 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 #503 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 #503

Public county record property details
Beds
2
Baths
2
Year built
2007
Sq. Ft.
1,130
Lot Size
14,182
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5093-014-088

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 #503

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.