2 months on rocket

702 S Serrano Ave Unit 504, Los Angeles, CA, 90005

$850,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,160 SqFt
$733/SqFt
Condo

Location

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702 S Serrano Ave Unit 504, Los Angeles$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommunity Structure
Year Built2007
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights
MLS #24438283
Lot Size0.33 Acres
StatusActive

About 702 S Serrano Ave Unit 504

Modern 2 Bed, 2 Bath Condo located in one of Koreatown's most sought-after architectural steel frame building. This RARE and versatile 2-bedroom, 2-bath offers the perfect blend of style and functionality. Whether you're looking for a stylish starter home or a sleek bachelor pad, this unit is designed to suit all your needs. The open floor plan features high ceilings, recessed lighting, and a spacious living area that extends to a large balcony with stunning views. The gourmet kitchen is equipped with granite countertops, light oak contemporary cabinetry, and top-of-the-line Viking and Miele appliances. Luxury vinyl plank flooring and tile flow throughout, adding an elegant touch to the space. The expansive en-suite primary bedroom offers "his and hers" closets, while the second bedroom provides flexibility for guests or office space. Equipped with a large in-unit laundry room with ample storage and two secured parking spaces w/ EV Charger. Nestled in vibrant Koreatown, this condo is steps from banks, Aroma Spa, markets, diverse restaurants, theaters, sports centers, and Metro public transit, providing unmatched convenience. Don't miss out on this rare opportunity to live in one of the most desirable areas of LA!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2007
  • Stories: 0
  • Living Area: 1,160 SqFt

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter Oh

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile
  • Interior: Walk-In Closet(s)
  • 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: Community Structure

Virtual/3D Tour

  • Virtual Tour: 702 S Serrano Ave Unit 504
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Lot Features

Lot Information:

  • Lot Size: 0.33 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $733/SqFt

HOA Fees:

  • Amount: $750
  • Frequency: Monthly
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Housing Market Comparison

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

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

702 S Serrano Ave Unit 504 vs Los Angeles

64 DAYS ON ROCKET

+26 Days

$850,000

-$173.4K Less

$733/SqFt

+$92 More

KEY TAKEAWAY

This property is $173.4K less than the Median Sold Price and $92/SqFt more 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: #24438283

Listing Office:

  • Office Name: Keller Williams Larchmont
  • Office Phone: (323) 762-2600
  • Listing Agent: Peter Oh

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: 11/15/2024, 8:20:56 AM 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

$5,060

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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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-308197
4
/10
  • Hobart Boulevard Elementary School

  • 980 S Hobart Blvd

  • 0.42 miles

  • Public District Grades KG-5

school-card-donut-308198
5
/10
  • Wilton Place Elementary

  • 745 S Wilton Pl

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-308199
3
/10
  • RFK Community Schools - Ambassador School of Global Education

  • 3201 W 8th St

  • 0.51 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,821. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 702 S Serrano Ave Unit 504

What is the listing price of this property?

The listing price of 702 S Serrano Ave Unit 504 property is $850,000.

What type of property is this?

The property 702 S Serrano Ave Unit 504 is a condo located in Los Angeles, California, 90005.

Is this property for sale now?

Active Listing: 702 S Serrano Ave Unit 504 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 702 S Serrano Ave Unit 504 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 702 S Serrano Ave Unit 504 is 1,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 702 S Serrano Ave Unit 504 is 2007.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90005702 S Serrano Ave Unit 504

This home is located at 702 S Serrano Ave Unit 504 in Los Angeles, CA and zip code 90005 in the Central LA neighborhood. This 1,160 square foot home, which was built in 2007, sits on a 0.33 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $850,000.

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 inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. 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.

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