702 S Serrano Ave #504, Los Angeles, CA 90005
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702 S Serrano Ave #504 Los Angeles, CA 90005

$850,000
  • 2 Beds
  • 2 Baths
  • 1,160 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified

Map preview of 702 S Serrano Ave #504, Los Angeles, CA 90005

Property Overview: 702 S Serrano Ave #504 Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,160 living square feet and 14,187 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Modern 2 Bed, 2 Bath Condo located in one of Koreatown's most sought-after architectural steel frame building. This RARE and versatile 2-bedroom, 2-bath offers the perfect blend of style and functionality. Whether you're looking for a stylish starter home or a sleek bachelor pad, this unit is designed to suit all your needs. The open floor plan features high ceilings, recessed lighting, and a spacious living area that extends to a large balcony with stunning views. The gourmet kitchen is equipped with granite countertops, light oak contemporary cabinetry, and top-of-the-line Viking and Miele appliances. Luxury vinyl plank flooring and tile flow throughout, adding an elegant touch to the space. The expansive en-suite primary bedroom offers "his and hers" closets, while the second bedroom provides flexibility for guests or office space. Equipped with a large in-unit laundry room with ample storage and two secured parking spaces w/ EV Charger. Nestled in vibrant Koreatown, this condo is steps from banks, Aroma Spa, markets, diverse restaurants, theaters, sports centers, and Metro public transit, providing unmatched convenience. Don't miss out on this rare opportunity to live in one of the most desirable areas of LA!

Listed by Peter Oh | BRE #01925937 | Keller Williams Larchmont
Co-listed by Myron Bang | BRE #01994820 | Keller Williams Larchmont
Last checked: 15 minutes ago | Last updated: September 16th, 2024 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
14,187
HOA Dues
$750/mo
Year built
2007
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24438283
City
Los Angeles
County
Los Angeles
Time on Site
6 days

Open Houses for 702 S Serrano Ave #504

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Property Details for 702 S Serrano Ave #504

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: Tile
  • Primary Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
  • Security Features: Smoke Detector(s), Card/Code Access, Carbon Monoxide Detector(s), Fire Sprinkler System
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Community Structure
Property Information
  • Has View
  • View: City Lights
  • Total # of Units: 33
  • Parcel Number: 5093014089
  • Architectural Style: Contemporary
  • Entry Level: 5
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $750 (Monthly)
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

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Sale History for 702 S Serrano Ave #504

Last sold for $615,000 on August 4th, 2020
  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: 24438283

    $850,000

    Price

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: 24438289

    $4,000

    Price

  • Listing provided courtesy of CRMLS

    Modern 2 Bed, 2 Bath Condo located in one of Koreatown's most sought-after modern architectural steel frame building, this RARE and versatile 2-bedroom, 2-bath condo offers the perfect blend of style and functionality. Whether you're looking for a stylish starter home or a sleek bachelor pad, this unit is designed to suit all your needs. The open floor plan features high ceilings, recessed lighting, and a spacious living area that extends to a large balcony with stunning views. The gourmet kitchen is equipped with granite countertops, light oak cabinetry, and premium Viking and Miele appliances. Luxury vinyl plank flooring and tile flow throughout, adding an elegant touch to the space. The expansive en-suite primary bedroom offers "his and hers" closets, while the second bedroom provides flexibility for guests or office space. Additional perks include an in-unit washer and dryer room, two secured parking spaces, and ample storage. Nestled in vibrant Koreatown, this condo is steps from banks, Aroma Spa, markets, diverse restaurants, theaters, sports centers, and Metro public transit, providing unmatched convenience. Don't miss out on this rare opportunity to live in one of the most desirable areas of LA!

  • August, 2020

  • Aug 10, 2020

    Date

    Sold

    CRMLS: DW20105755

    $615,000

    Price

  • Jul 30, 2020

    Date

    Active Under Contract

    CRMLS: DW20105755

    $749,000

    Price

  • Jun 26, 2020

    Date

    Pending

    CRMLS: DW20105755

    $749,000

    Price

  • Jun 2, 2020

    Date

    Hold

    CRMLS: DW20105755

    $749,000

    Price

  • Jun 2, 2020

    Date

    Active

    CRMLS: DW20105755

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Luxury modern condo right in the heart of Korea Town. The living room is surrounded by oversized glass and a balcony with stunning views. Restricted access to this Condo ensures privacy. FEATURES INCLUDE: A balcony off the living room with panoramic views. 2 bedrooms. 2 baths. Single level. 1,160 sq ft. 2 parking spaces and ample guest parking. The amenities to this building are a sundeck, theater, and an on-site fitness room. Master bath with jetted tub and double sinks. Walking distance to major supermarkets, WILTON THEATER, METRO, EXTENSIVE DINING, and much more. .

  • August, 2020

  • Aug 4, 2020

    Date

    Sold (Public Records)

    Public Records

    $615,000

    Price

  • May, 2020

  • May 14, 2020

    Date

    Canceled

    CRMLS: OC20053824

    $775,000

    Price

  • Mar 13, 2020

    Date

    Active

    CRMLS: OC20053824

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    Highly sought after Luxury Condominium. One of the few reinforced STEEL concrete buildings in LA. All owner occupied. 2 Bed + 2 Bath with Marble Flooring, Granite Counter Tops, Viking Appliances, Wine Cooler. 5th floor unit with North Facing Terrace. 2 assigned secured parking spaces adjacent to elevator. Rooftop Sun Deck, Movie Screening Room, Security Station at Entrance. Heart of KoreaTown. Walking distance to Aroma Spa and Fitness Center, Metro RedLine, Restaurants, Shopping, Grocery...

  • February, 2009

  • Feb 6, 2009

    Date

    Sold (Public Records)

    Public Records

    $751,000

    Price

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Tax History for 702 S Serrano Ave #504

Assessed Value (2020): $845,000
Year Land Value Improved Value Assessed Value
2020 $618,700 $226,300 $845,000

Home Value Compared to the Market

This property vs the competition

702 S Serrano Ave #504 is listed 29.17% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $766 and this home is listed at $732.76 per/sqft which puts the price per square foot 4.34% lower than the median price per square foot for the city of Los Angeles.

About 702 S Serrano Ave #504

Detailed summary of property

702 S Serrano Ave #504 is a condominium located in Los Angeles, CA 90005 and is currently for sale. This condo offers 2 bedrooms, 2 bathrooms, roughly 1,160 living square feet, and sits on an approximately 14,187 square foot lot. 702 S Serrano Ave #504 was first listed on ArdentRealEstateGroup.com on September 12, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $766. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 29.17% lower than the median priced home. Local competing homes currently for sale include 908 S Ardmore Ave #502, 848 Irolo St #408 and 901 S Gramercy Dr #303. 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 104 days, 702 S Serrano Ave #504 has a days on market of 6 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 702 S Serrano Ave #504 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 #504

Public county record property details
Beds
2
Baths
2
Year built
2007
Sq. Ft.
1,160
Lot Size
14,182
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5093-014-089

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
$839,000
Median List Price/Sq.Ft.
$643
Median Sold Price
$695,000
Median Sold Price/Sq.Ft.
$564
Total Inventory
44
Median Sale to List Price %
92.79%
Avg Days on Market
53
Loan Type
Conventional (12.5%), FHA (0%), VA (0%), Cash (0%), Other (12.5%)

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Related Resources to 702 S Serrano Ave #504

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.