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1046 South Serrano Avenue

1046 South Serrano Avenue, Los Angeles, CA 90006
1046 South Serrano Avenue is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 1964 and is 60 years old. In total, 1046 South Serrano Avenue has a total floor area of 4,320 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 7 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 55 days and tend to sell above the original asking price of $759,000 by 3.43%. Meaning, listings tend to sell at a median of $535 price per square foot. The transaction that took the longest to complete was unit 201, listed on May 19, 2021 for $759,000. This particular unit ultimately sold 55 days later for $785,000. The most recent transaction was for unit 201, which was first advertised on May 19, 2021, sold for $785,000 on Jul 13, 2021. Fun fact, the oldest transaction we have on record took place on Jul 01, 2016. See the full transaction history for 1046 South Serrano Avenue below.

Wilshire Center - Koreatown, where 1046 South Serrano Avenue is located, has a median asking price of $747,500 for condo buildings. Meanwhile, the building itself has a median asking price of $759,000. For interested buyers, that means the building's median asking price is around 0.87% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Assigned Parking
Garage Parking
Gated Parking
Tandem Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210519 Unit 201
05/19/2021
201
3 Bed
2 Bath
1420 ft²
$759,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1420 ft²
$785,000 +3.43%
07/13/2021
Paul Yoo
Keller Williams Larchmont

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,210
  • Total Building Area: 4,320
  • Gross Building Area: 4,320
  • Building Area: 4,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,320
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT PELLISSIER TRACT
  • Land Acres: 0.143
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: PELLISSIER TRACT LOT/SEC 3 BLK/DIV/TWN D

Ownership

  • Current Owner : CLINTON CAPITAL LLC
  • Previous Owner : THE ALEXANDER GALUZ & YANA GALUZ LIVING
  • Owner Before Previous Owner: OZONO BRIAN S
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 213201

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 43-E3
  • Parcel: 5080-022-003
  • Block: D
  • Lot: 3
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0512
  • Longitude: -118.305

    Address

  • Full Address: 1046 S Hobart Blvd
  • Address - House Number: 1046
  • Street Direction: S
  • Address - Street Name: Hobart
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C044
  • 4-Digit Zip Code: 2453
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,335
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 1,312,507
  • High Value: 1,602,627
  • Low Value: 1,022,386

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $985,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $985,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,340,002
  • Assessed Land Value: $938,003
  • Assessed Improvements Value: $401,999

    Sales

  • Current Sale Contract Date: Jan 22, 2015
  • Current Sale Recording Date: Feb 12, 2015
  • Current Sale Transaction ID: 1009909318
  • Current Sale Price: $1,160,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0159401
  • Previous Sale Recording Date: Jul 23, 2013
  • Previous Sale Contract Date: May 17, 2013
  • Previous Sale Amount: $755,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 12, 2015
  • First Mortgage Loan Amount: $648,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Negative Amortization

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FOUNDATION BANK
  • Previous Mortgage Transaction Date: Jul 23, 2013
  • Previous Mortgage Loan Amount: $500,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2043

About Central LA



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Frequently Asked Questions

What neighborhood is 1046 South Serrano Avenue located in?
The 1046 South Serrano Avenue is a condo located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 1046 South Serrano Avenue?
The average sales price for units in 1046 South Serrano Avenue is $759,000 , or $535/sqft. currently.

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