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350 South Serrano Avenue

350 South Serrano Avenue, Los Angeles, CA 90020
350 South Serrano Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1953 and is 71 years old. The home has a total of 7 bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. In addition, 350 South Serrano Avenue has 4,749 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,505 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $20,165 in taxes per year. The property on 350 South Serrano Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,671,371. To break that down further, the land itself was valued at $1,250,901. While improvements to the property were assessed at a total of $420,470. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190715
07/15/2019
7 Bed
5 Bath
4749 ft²
$1,725,000
bedrooms
7 Bed
bathrooms
5 Bath
square feet
4749 ft²
-
-
-
-
20180628
06/28/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,505
  • Total Building Area: 4,749
  • Gross Building Area: 4,749
  • Building Area: 4,749
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,749
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1624
  • Land Acres: 0.172
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT NO 1624 N 5O FT OF LOT/SEC 92

Neighborhood

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

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 43-E1
  • Subdivision Tract Number: 1624
  • Parcel: 5503-005-002
  • Lot: 92
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0675
  • Longitude: -118.306

    Address

  • Full Address: 350 S Serrano Ave
  • Address - House Number: 350
  • Street Direction: S
  • Address - Street Name: Serrano
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C028
  • 4-Digit Zip Code: 3603
  • Zip Code: 90020

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,165
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2204
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 55
  • Final Value: 1,618,185
  • High Value: 1,974,988
  • Low Value: 1,261,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,671,371
  • Assessed Land Value: $1,250,901
  • Assessed Improvements Value: $420,470

About Central LA



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Frequently Asked Questions

What neighborhood is 350 South Serrano Avenue located in?
The 350 South Serrano Avenue is a multifamily located in the neighborhood of Wilshire Center - Koreatown in Central LA, Los Angeles.
What is the average sales price for listings in 350 South Serrano Avenue?
The average sales price for units in 350 South Serrano Avenue is $0 currently.

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