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319 South Serrano Avenue

319 South Serrano Avenue, Los Angeles, CA 90020
319 South Serrano Avenue in Los Angeles, CA was first built in 2016 and is 8 years old. Although, the building on the property was most recently renovated and altered in 2017. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 319 South Serrano Avenue has 1,784 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,452 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jan 2, 2024 for $1,030,000. That's $577.35 per sqft. Prior to that sales transaction, the property was also sold in May 22, 2017 for $859,000. 319 South Serrano Avenue was last assessed in 2023. The total value of the property was assessed at $958,226. Specifically, the land the property is located on was valued at $623,572. While improvements on the property were assessed at a total of $334,654. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,075. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231106
11/06/2023
3 Bed
4 Bath
1804 ft²
$1,050,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1804 ft²
-
-
-
Jung-Won Baelly
WILSHIRE REAL ESTATE

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,452
  • Total Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.033
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=72640 LOT 5

Ownership

  • Current Owner : CHO YOUNG HEE
  • Previous Owner : PASCUA GILBERT C
  • Owner Before Previous Owner: FOUNDATION SIX SERRANO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211804

Zoning

  • Zoning: LAR3

Geography

  • Subdivision Tract Number: 72640
  • Parcel: 5503-004-051
  • Lot: 5
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0684
  • Longitude: -118.307

    Address

  • Full Address: 319 S Serrano Ave
  • Address - House Number: 319
  • Street Direction: S
  • Address - Street Name: Serrano
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C028
  • 4-Digit Zip Code: 3602
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,075
  • Tax Rate Code Area: 06-657

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 96
  • Final Value: 1,054,712
  • High Value: 1,126,182
  • Low Value: 983,243

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $958,226
  • Assessed Land Value: $623,572
  • Assessed Improvements Value: $334,654

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 02, 2024
  • Current Sale Recording Date: Jan 31, 2024
  • Current Sale Transaction ID: 11919845408
  • Current Sale Price: $1,030,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 68853
  • Previous Sale Recording Date: Jun 14, 2017
  • Previous Sale Contract Date: May 22, 2017
  • Previous Sale Amount: $859,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Jun 14, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $687,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Central LA



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Frequently Asked Questions

What neighborhood is 319 South Serrano Avenue located in?
The 319 South Serrano Avenue is a located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 319 South Serrano Avenue?
The average sales price for units in 319 South Serrano Avenue is $0 currently.

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