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1055 South Serrano Avenue

1055 South Serrano Avenue, Los Angeles, CA 90006
1055 South Serrano Avenue is a condo located in Wilshire Center - Koreatown, Los Angeles. The building was first built in 2017 and is 7 years old. In total, 1055 South Serrano Avenue has a total floor area of 30,237 square feet.

Interested in learning more about the building? There are many great amenities and features for residents in the building. There are 5 closings on record. The most recent transaction sold for $775,000 on Jul 22, 2020. Fun fact, the oldest transaction we have on record took place on Feb 14, 2019. See the full transaction history for 1055 South Serrano Avenue below.

Wilshire Center - Koreatown, where 1055 South Serrano Avenue is located, has a median asking price of $745,950 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units 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
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
20200525 Unit 505
05/25/2020
505
2 Bed
2 Bath
1370 ft²
$799,500
bedrooms
2 Bed
bathrooms
2 Bath
square feet
1370 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 3
  • Bedroom Count: 11
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Building Quality: A-
  • Living Units: 20
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,356
  • Total Building Area: 30,237
  • Gross Building Area: 30,237
  • Building Area: 30,237
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PELLISIER TRACT
  • Land Acres: 1.241
  • Standard Land Use Code: Apartment house (5+ units)
  • County Land Use Code: Personal property general
  • Legal Description 1: TR=73051 LOT 1

Ownership

  • Current Owner : LEE MICHELLE SABRINA
  • Current Owner 2: WU DERRINA LING
  • Previous Owner : LEUPOLD DENNIS
  • Owner Before Previous Owner: JK DEVELOPMENT LLC
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: LAR4

Geography

  • Subdivision Tract Number: 73051
  • Parcel: 5080-014-053
  • Lot: 1
  • Latitude: 34.0516
  • Longitude: -118.306

    Address

  • Full Address: 1055 S Serrano Ave
  • Address - House Number: 1055
  • Street Direction: S
  • Address - Street Name: Serrano
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C015
  • 4-Digit Zip Code: 2409
  • Zip Code: 90006

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $0
  • Tax Rate Code Area: 6-657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Jul 22, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $9,130,100
  • Assessed Land Value: $3,017,160
  • Assessed Improvements Value: $6,112,940

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Transaction ID: 11773677730
  • Current Sale Price: $775,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0814402
  • Previous Sale Recording Date: Sep 17, 2019
  • Previous Sale Contract Date: Jan 14, 2019
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Jul 22, 2020
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Sep 17, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $432,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Central LA



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Frequently Asked Questions

What neighborhood is 1055 South Serrano Avenue located in?
The 1055 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 1055 South Serrano Avenue?
The average sales price for units in 1055 South Serrano Avenue is $0 currently.

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