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855 S Serrano Ave #42A, Los Angeles, CA 90005
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855 S Serrano Ave #42A Los Angeles, CA 90005

$850,000
  • 1 Beds
  • 1 Baths
  • 1,200 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 855 S Serrano Ave #42A, Los Angeles, CA 90005

Property Overview: 855 S Serrano Ave #42A Los Angeles, CA has 1 bedrooms, 1 bathrooms, 1,200 living square feet and 19,145 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: An elegant turnkey home in Koreatown's prestigious Chateau Chaumont was designed by LA architect Kenneth MacDonald Jr and built in 1928 with an impressive French Renaissance-style faade. Short distance to a multitude of options for shopping and dining, the home showcases enthralling views of the city lights through large windows. It is protected under the Mills Act, which significantly limits property taxes, potentially making it a better value than comparably priced homes. The home and property have been registered as a filming location, a factor that could create a significant revenue stream for the owner while keeping the HOA rates low. The exclusive building contains 15 units with some celebrity ownership history, offering an unparalleled sense of exclusivity. The unit itself renovated with a focus on preserving the original character and style, the residence boasts a chic, designer-quality interior with a beautifully modernized gourmet kitchen and a gorgeous, updated bathroom. A premium fourth-floor location allows the view to be presented with minimal distractions. High ceilings and large windows create a voluminous, open atmosphere; custom paint tones add a touch of whimsy and style; classic, hand-curated modern fixtures recall the quality and craftsmanship of the era in which the home was built. All the features that make older properties a prized possession are present, including custom millwork/moldings and original hardwood floors that have been beautifully refinished. The tastefully updated kitchen is adorned with intricate custom tile, Silestone counters and Marmoleum flooring. High-end appliances from Miele, Bosch and Samsung, including a five-burner gas range, bring the kitchen into the modern era. The Rejuvenation hardware in the kitchen and Kallista unlacquered brass bathroom fixtures add to the feeling of quality. Certainly a favorite, the bathroom showcases captivating views of the twinkling city lights from a modern freestanding tub. Other features include concrete floors and a limestone sink. The home also includes a fireplace, a grand entry, ample closet space, a Miele washing machine, concrete interior walls and a dual-zone heating system. The building itself offers rooftop access, a shared outdoor patio, a private storage unit, a covered parking space with gated access, and guest parking. Located in close proximity to Koreatown Plaza, the Metro, several local parks and schools, and the Wiltern Theater, the home provides convenient access to the best the city has to offer. With a timeless design by a well-known architect and a stylish, open interior, along with the potential for income generation, this sophisticated home is a great opportunity.

Listed by Yana Beranek | BRE #01957970 | Berkshire Hathaway HomeServices California Properties
Co-listed by Natalia Gold | BRE #01933502 | Gold Group Realty, Inc.
Last checked: 12 minutes ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 14
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Home details

Lot Sq. Ft
19,145
HOA Dues
$350/mo
Year built
1928
Garage
--
Property Type:
Condominium
Status
Active
MLS#
24377569
City
Los Angeles
County
Los Angeles
Time on Site
21 days

Open Houses for 855 S Serrano Ave #42A

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Property Details for 855 S Serrano Ave #42A

Interior Features
Heating Information
  • Has Heating
  • Floor Furnace
Laundry Information
  • Has Laundry
  • Washer Included, In Kitchen
Fireplace Information
  • Has Fireplace
  • Decorative
Room Information
  • Flooring: Wood
  • Entry
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Refrigerator
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Crown Molding, High Ceilings, Intercom
  • Levels: One
  • Security Features: Automatic Gate
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Community Structure, Controlled Entrance, Guest, Parking Space
Property Information
  • Has View
  • View: City Lights, Park/Greenbelt
  • Total # of Units: 15
  • Parcel Number: 5093010026
  • Architectural Style: French
  • Entry Level: 4
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $350 (Monthly)
  • Association Amenities: Controlled Access
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: South of Wilshire, East of Western
View more facts & features

Local Los Angeles Agent

Sale History for 855 S Serrano Ave #42A

Last sold on December 5th, 2019

  • April, 2024

  • Apr 17, 2024

    Date

    Active

    CRMLS: 24377569

    $850,000

    Price

  • April, 2024

  • Apr 6, 2024

    Date

    Canceled

    CRMLS: 23300078

    $885,000

    Price

  • Sep 15, 2023

    Date

    Active

    CRMLS: 23300078

    $885,000

    Price

  • Listing provided courtesy of CRMLS

    Gorgeous and rare 1928 architectural 1 bedroom + 1 bath at the Historic Chateau Chaumont in the center of Koreatown. The French Renaissance Revival-style complex was designed byKenneth Macdonald Jr., the architect of Downtown's Spring Street Arcade Building and Glendale's Southern Pacific Station. The property is under the MILLS ACT, thus reducing your property taxes. The 1200 sq ft unit has been thoughtfully renovated maintaining its historical details, while adding modern updates for todays lifestyle. The 4th floor unit captures the LA skyline and beautiful downtown views with few obstructions. Once inside, you are welcomed by a formal foyer and newly-refinished hardwood floors that flow seamlessly from room to room. Light-filled living room with 9' ceilings, framed by historic windows, millwork moldings and a grand fireplace. Formal dining room is a fabulous space for your dinner parties and enjoying views of the Downtown skyline. The kitchen renovation (completed in 2021) is a beautiful combination of dark and white tones adorned by stunning tile work, designer light fixtures and high-end appliances. Gracious primary bedroom with a wall of windows and an abundance of closet space strategically positioned as architecture. Fall in love with the elegantly designed bathroom with freestanding Kohler tub, Kallista hardware, concrete floors and Limestone Stone Forest sink. Day or night - from all rooms (inc. from the bathtub!) you will be mesmerized by the East-facing downtown views. Designed with beauty in mind, the unit is full of carefully chosen light fixtures, custom window treatments and is shrouded in an array of Farrow & Ball paint colors to capture light & mood. No detail was overlooked in the careful design of this unique home. Two-zone furnace heating and thick concrete walls keep the unit cool in the summer and warm in the winter. Laundry: washing machine in kitchen. Private storage unit and outdoor rooftop access. One covered parking space in gated, one-level garage. Guest parking available in the rear outdoor courtyard. The property and unit are registered as a filming location and can generate income if you choose! Moments to the Metro, Wiltern Theater and an abundance of shopping & eateries. One of only a handful of architecturally significant properties, the Chateau Chaumont is a true reflection of a bygone era and a pillar of the community.

  • April, 2024

  • Apr 6, 2024

    Date

    Canceled

    CRMLS: 23324479

    $3,950

    Price

  • Oct 24, 2023

    Date

    Active

    CRMLS: 23324479

    $3,950

    Price

  • Listing provided courtesy of CRMLS

  • December, 2019

  • Dec 5, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2015

  • Apr 2, 2015

    Date

    Sold (Public Records)

    Public Records

    $526,500

    Price

Show More

Tax History for 855 S Serrano Ave #42A

Assessed Value (2020): $615,691
Year Land Value Improved Value Assessed Value
2020 $170,167 $445,524 $615,691

Home Value Compared to the Market

This property vs the competition

855 S Serrano Ave #42A is listed 31.23% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $708.33 per/sqft which puts the price per square foot 8.37% lower than the median price per square foot for the city of Los Angeles.

About 855 S Serrano Ave #42A

Detailed summary of property

855 S Serrano Ave #42A is a condominium located in Los Angeles, CA 90005 and is currently for sale. This condo offers 1 bedrooms, 1 bathrooms, roughly 1,200 living square feet, and sits on an approximately 19,145 square foot lot. 855 S Serrano Ave #42A was first listed on ArdentRealEstateGroup.com on April 10, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 31.23% lower than the median priced home. Local competing homes currently for sale include 3810 Wilshire Blvd #912, 3810 Wilshire Blvd #712 and 901 S Gramercy Dr #303. This home does have a Homeowners Association and the monthly fee is $350 per month. While the average home in Los Angeles, CA is selling in 96 days, 855 S Serrano Ave #42A has a days on market of 14 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 855 S Serrano Ave #42A 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 855 S Serrano Ave #42A

Public county record property details
Beds
1
Baths
1
Year built
1928
Sq. Ft.
1,200
Lot Size
19,139
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5093-010-026

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
$835,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$720,000
Median Sold Price/Sq.Ft.
$621
Total Inventory
29
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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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.

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