10 months on rocket

1056 S Serrano Ave, Los Angeles, CA, 90006

$1,650,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
7 Baths
4,049 SqFt
$408/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1056 S Serrano Ave, Los Angeles$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1937
MLS #24347589
Lot Size0.14 Acres
StatusActive

About 1056 S Serrano Ave

1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from restaurants, shopping, entertainment, and Downtown LA. Seller's is MOTIVATED.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 0
  • Living Area: 4,049 SqFt

Listing Office:

  • Office Name: New Star Realty
  • Office Phone: (213) 385-4989
  • Listing Agent: Kyong Starrett

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: One block south of Olympic located between Serrano and Hobart on 11th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,650,000
  • Price Per SqFt: $408/SqFt

Tax Information:

  • Annual Amount: $5,932
  • Tax Year: 2021
House and calculator

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.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1056 S Serrano Ave vs Los Angeles

312 DAYS ON ROCKET

+274 Days

$1,650,000

+$626.5K More

$408/SqFt

-$233 Less

KEY TAKEAWAY

This property is $626.5K more than the Median Sold Price and $233/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: #24347589

Listing Office:

  • Office Name: New Star Realty
  • Office Phone: (213) 385-4989
  • Listing Agent: Kyong Starrett

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: 11/22/2024, 4:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2001Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,932$464,015
2020$5,761$459,258
2019$5,658$450,254
2018$5,542$441,427
2017$5,542$432,773

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

Powered By

Rocket Mortgage

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.

Nearby Schools

school-card-donut-667363
4
/10

  • Los Angeles Elementary

  • 1211 S Hobart Blvd

  • 0.17 miles

  • Public District Grades KG-5

school-card-donut-667364
4
/10

  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.18 miles

  • Public District Grades KG-5

school-card-donut-667365
3
/10

  • RFK Community Schools - Ambassador School of Global Education

  • 3201 W 8th St

  • 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. 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 1056 S Serrano Ave

What is the listing price of this property?

The listing price of 1056 S Serrano Ave property is $1,650,000.

What type of property is this?

The property 1056 S Serrano Ave is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1056 S Serrano Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,932 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 26, 2001 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1056 S Serrano Ave has 7 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1056 S Serrano Ave is 4,049 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1056 S Serrano Ave is 1937.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1056 S Serrano Ave

This home is located at 1056 S Serrano Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,049 square foot home, which was built in 1937, sits on a 0.14 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $1,650,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. The number of listings in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

More Resources