946 N Serrano Ave Los Angeles, CA 90029

$--

22 Beds
12 Baths
8,634 Sq.Ft.

Off Market

Map preview of 946 N Serrano Ave, Los Angeles, CA 90029

Property Overview: 946 N Serrano Ave Los Angeles, CA has 22 bedrooms, 12 bathrooms, 8,634 living square feet and 17,962 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

946 N 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 $1,209,000. The median price per/sqft for Los Angeles is $771. 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 $241,800 for the down payment and will need roughly $24,180 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 $56,000. 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 946 N Serrano Ave

View property's historical transactions

June, 2021
Jun 21, 2021

Date

Active

CRMLS: 21751336

$2,675,000

Price
Listing provided courtesy of CRMLS

Located in prime Hollywood, CA, this 12-unit apartment building was built in 1923, consists of combinations of four studios units, four one-bedroom, and four two-bedroom, all include one bathroom. The building features a security gate entrance and an open courtyard. Sitting on a 17,962 square foot lot, with over 60% upside, 946 N Serrano Avenue offers investors a rare value add opportunity in the heart of Tinseltown. ---- Situated just south of Hollywood Boulevard, the property is in close proximity to many restaurants, cafes, coffee shops, boutiques, and nightlife. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Koreatown, Dodger Stadium, Downtown, and Chinatown. Additionally, the building is conveniently located near the 110, 10, 5, and 60 Freeways. This area in Hollywood is an extremely desirable and an entertainment hub with major production studios in close proximity.

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June, 2021
Jun 1, 2021

Date

Expired

CRMLS: 20655874

$2,675,000

Price
Jan 21, 2021

Date

Price Change

CRMLS: 20655874

$2,675,000

Price
Nov 5, 2020

Date

Active

CRMLS: 20655874

$2,750,000

Price
Listing provided courtesy of CRMLS

Located in prime Hollywood, CA, this 12-unit apartment building was built in 1923, consists of combinations of four studios units, four one-bedroom, and four two-bedroom, all include one bathroom. The building features a security gate entrance and an open courtyard. Sitting on a 17,962 square foot lot, with over 60% upside, 946 N Serrano Avenue offers investors a rare value add opportunity in the heart of Tinseltown. ---- Situated just south of Hollywood Boulevard, the property is in close proximity to many restaurants, cafes, coffee shops, boutiques, and nightlife. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Koreatown, Dodger Stadium, Downtown, and Chinatown. Additionally, the building is conveniently located near the 110, 10, 5, and 60 Freeways. This area in Hollywood is an extremely desirable and an entertainment hub with major production studios in close proximity.

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Tax History for 946 N Serrano Ave

Assessed Value (2020): $1,016,920

Year	Land Value	Improved Value	Assessed Value
2020	$608,705	$408,215	$1,016,920

About 946 N Serrano Ave

Detailed summary of property

946 N Serrano Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and is currently off market. This property has 22 bedrooms, 12 bathrooms, roughly 8,634 living square feet, and sits on an approximately 17,962 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 5347 Fountain Ave, 5666 W Lexington Ave #1 and 743 N Alexandria Ave. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 946 N Serrano Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 946 N Serrano Ave

Public county record property details

Beds: 22
Baths: 12
Year built: 1923
Sq. Ft.: 8,634
Lot Size: 17,962
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 11
APN: 5535-024-009

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,022,990

Median List Price/Sq.Ft.

$714

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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