Welcome to this rare find in a contemporary 20-unit building completed in 2018, nestled in the heart of Koreatown. This gorgeous penthouse corner unit offers stunning city views and a chic open floor plan, flooded with natural light from the large windows and soaring ceilings, complemented by custom window treatments. The turn-key smart home is equipped with LED lights, custom cabinets, and an in-unit washer/dryer, ensuring modern convenience at every turn. The spacious, high-ceiling living room is perfect for both relaxation and entertaining. The gourmet kitchen features stainless steel appliances, sleek countertops, and ample cabinet space, making it a chef's dream. Downstairs, you'll find two comfortable bedrooms, including a stunning master suite with a lovely balcony where you can enjoy the city views with your morning coffee or unwind after a long day. Upstairs, the versatile second-story loft offers endless possibilities, whether you need a work-from-home office, a gym, or a media room. This luxurious condo also features elegant bathrooms with contemporary fixtures and beautiful tile work. Residents of this secure building enjoy access to a new workout room. The gated security garage includes two assigned parking spots and additional guest parking. Located in the vibrant Koreatown neighborhood with tons of food choices and an array of shopping, and entertainment options. With easy access to major highways and public transportation, the rest of Los Angeles is at your fingertips. Don’t miss out on the opportunity to own this exquisite condo in one of LA's most dynamic areas. Schedule a private showing today and experience the best of city living.
Property Details
Property Features
Property Information:
Year Built: 2017
Stories: 2
Living Area: 1,370 SqFt
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (626) 393-5695
Listing Agent: Ash Rizk
Interior Features
Interior Information:
Appliances: Dishwasher
Interior: Loft
Fireplace: None
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Parking: Underground
Lot Features
Lot Information:
Lot Size: 0.28 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: Between W 11th St and W Olympic Blvd
Price Information
Listing Price Info
Price Summary:
List Price: $839,000
Price Per SqFt: $612/SqFt
HOA Fees:
Amount: $412
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $182.5K less than the Median Sold Price and $28/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #AR24146983
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (626) 393-5695
Listing Agent: Ash Rizk
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,667
Per Month
Principal & Interest
$4,188
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$412
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,582
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Los Angeles Elementary
1211 S Hobart Blvd
Distance between this listing and this school0.17 miles
Public District Grades KG-5
4
/10
Hobart Boulevard Elementary School
980 S Hobart Blvd
Distance between this listing and this school0.18 miles
Public District Grades KG-5
5
/10
Wilton Place Elementary
745 S Wilton Pl
Distance between this listing and this school0.71 miles
Public District Grades KG-5
Nearby Schools
4
/10
Pico Pico Middle School
1512 Arlington Ave
Distance between this listing and this school0.72 miles
Public District Grades 6-8
2
/10
Monsenor Oscar Romero Charter Middle School
2670 W 11th St
Distance between this listing and this school0.72 miles
Public Charter Grades 6-8
4
/10
Berendo Middle School
1157 S Berendo St
Distance between this listing and this school0.72 miles
Public District Grades 6-8
Nearby Schools
4
/10
RFK Community Schools - New Open World Academy
3201 W 8th St
Distance between this listing and this school0.73 miles
Public District Grades KG-12
5
/10
RFK Community Schools - UCLA Community School
700 S Mariposa Ave
Distance between this listing and this school0.78 miles
Public District Grades KG-12
4
/10
RFK Community Schools - Ambassador School of Global Leadership
701 S Catalina St
Distance between this listing and this school0.82 miles
The neighbors living near this home have an average income of $27,823. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1055 S Serrano Ave Unit 505
What is the listing price of this property?
The listing price of 1055 S Serrano Ave Unit 505 property is $839,000.
What type of property is this?
The property 1055 S Serrano Ave Unit 505 is a condo located in Los Angeles, California, 90006.
Is this property for sale now?
Active Listing: 1055 S Serrano Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 1055 S Serrano Ave Unit 505 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 1055 S Serrano Ave Unit 505 is 1,370 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1055 S Serrano Ave Unit 505 is 2017.
This home is located at 1055 S Serrano Ave Unit 505 in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 1,370 square foot home, which was built in 2017, sits on a 0.28 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $839,000.
In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.