3 months on rocket

1055 S Serrano Ave Unit 505, Los Angeles, CA, 90006

$839,000

Home List Price

$9,963*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$612/SqFt
Condo

Location

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1055 S Serrano Ave Unit 505, Los Angeles$839,000

Buyer Closing Credits

$9,963*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingUnderground
Year Built2017
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #AR24146983
Lot Size0.28 Acres
StatusActive

About 1055 S Serrano Ave Unit 505

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
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1055 S Serrano Ave Unit 505 vs Los Angeles

109 DAYS ON ROCKET

+71 Days

$839,000

-$184.4K Less

$612/SqFt

-$29 Less

KEY TAKEAWAY

This property is $184.4K less than the Median Sold Price and $29/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

IDX 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: 11/17/2024, 2:20:53 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

$4,667

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,582

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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.

Nearby Schools

school-card-donut-461103
4
/10

  • Los Angeles Elementary

  • 1211 S Hobart Blvd

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-461104
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-461105
5
/10

  • Wilton Place Elementary

  • 745 S Wilton Pl

  • 0.71 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,823. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. Residents of this area typically 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.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1055 S Serrano Ave Unit 505

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 October 2024 more than 598 listings in Los Angeles, CA were sold above the asking price. During the same period more than 191 listings were sold at asking price, while more than 753 were sold below. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. The median list price of listings available in October 2024 was $1,023,474, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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