715 S Serrano Ave Los Angeles, CA 90005

$--
  • 7 Beds
  • 3 Baths
  • 4,195 Sq.Ft.
Off Market

Map preview of 715 S Serrano Ave, Los Angeles, CA 90005

Property Overview: 715 S Serrano Ave Los Angeles, CA has 7 bedrooms, 3 bathrooms, 4,195 living square feet and 12,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

715 S Serrano Ave 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 $1,250,000. The median price per/sqft for Los Angeles is $770. 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 $250,000 for the down payment and will need roughly $25,000 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 $51,450. 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 715 S Serrano Ave

View property's historical transactions
  • July, 2023

  • Jul 1, 2023

    Date

    Expired

    CRMLS: 23236703

    $16,000,000

    Price

  • Jan 27, 2023

    Date

    Active

    CRMLS: 23236703

    $16,000,000

    Price

  • Listing provided courtesy of CRMLS

    The last remaining prime development site in the best part of Koreatown. It is a true game-changer location, a site to redefine the residential experience in densely populated, diverse, and vibrant Koreatown which only comes once in a lifetime. Once completed this can easily be recognized as a "landmark" building in the heart of one of the hottest rental markets in greater Los Angeles. The offering is a 2-parcel assemblage (APN : 5093-011-008, 5093-011-007) with a total combined lot size of 27,000 SF sitting on R4-2, TOC Tier 3 Zoning with No Height Limit, and just an SFR on each lot. Developers can build 67 units by right and 116 units using the TOC density bonus.It is a perfect project to elevate the new standard of apartment living in Koreatown or for high-end condominiums the area is currently lacking due to the abundance of new apartments. Easy walk to Ralphs, Aroma Golf Range, Chapman Plaza, Madang Plaza and some of the city's best shopping, dining, and entertainment. Few steps to Metro Station at Wilshire and is centrally located with easy access to Hollywood, Beverly Hills, and DTLA.

Tax History for 715 S Serrano Ave

Assessed Value (2020): $171,886
Year Land Value Improved Value Assessed Value
2020 $171,693 $193 $171,886

About 715 S Serrano Ave

Detailed summary of property

715 S Serrano Ave is a single family home in Los Angeles, CA 90005 and is currently off market. This house has 7 bedrooms, 3 bathrooms, roughly 4,195 living square feet, and sits on an approximately 12,000 square foot lot. Homes in Los Angeles are selling for a median price of $1,029,000 and a median price per square foot of $742. Local nearby listings include 908 S Ardmore Ave #502, 929 S St Andrews Pl #301 and 620 S Gramercy Pl #202. The average home in Los Angeles, CA is selling in 100 days. There are currently 3287 homes for sale in the Los Angeles real estate market and 2252 of them are single family homes while 954 of them are condos and 78 are townhomes. If you are the homeowner and looking to sell the home at 715 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 715 S Serrano Ave

Public county record property details
Beds
7
Baths
3
Year built
1916
Sq. Ft.
4,195
Lot Size
12,000
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
118
APN
5093-011-007

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
$915,000
Median List Price/Sq.Ft.
$619
Median Sold Price
$770,000
Median Sold Price/Sq.Ft.
$420
Total Inventory
26
Median Sale to List Price %
100.13%
Avg Days on Market
30
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Nearby Homes to 715 S Serrano Ave

Data from public records.

-- Beds | -- Baths | 27,131 Sq. Ft.
6 Beds | 2 Baths | 4,382 Sq. Ft.
2 Beds | 2 Baths | 1,160 Sq. Ft.
3 Beds | 3 Baths | 1,500 Sq. Ft.
3 Beds | 3 Baths | 1,560 Sq. Ft.
3 Beds | 3 Baths | 1,520 Sq. Ft.
2 Beds | 2 Baths | 1,290 Sq. Ft.
2 Beds | 2 Baths | 1,130 Sq. Ft.
2 Beds | 2 Baths | 1,290 Sq. Ft.
2 Beds | 2 Baths | 1,160 Sq. Ft.
2 Beds | 2 Baths | 1,290 Sq. Ft.
3 Beds | 3 Baths | 1,520 Sq. Ft.

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