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638 North Serrano Avenue

638 North Serrano Avenue, Los Angeles, CA 90004
638 North Serrano Avenue in Los Angeles, CA was first built in 2020 and is 4 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 16 are bedrooms. In terms of bathrooms, there are a total of 16 full bathrooms. There are 16 partial bathrooms. 638 North Serrano Avenue has 6,079 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 5,525 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 C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Apr 11, 2022 for $3,450,000. That's $567.53 per sqft. Prior to that sales transaction, the property was also sold in May 16, 2019 for $780,000. 638 North Serrano Avenue was last assessed in 2023. The total value of the property was assessed at $3,519,000. Specifically, the land the property is located on was valued at $2,142,000. While improvements on the property were assessed at a total of $1,377,000. 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 $9,925. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220218
02/18/2022
Studio
-
6472 ft²
$3,399,000
bedrooms
Studio
bathrooms
-
square feet
6472 ft²
-
-
-
Elizabeth Maddox
The 2-4 Unit Specialists
20190411
04/11/2019
Studio
-
-
$700,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2020
  • Building Count: 2
  • Bedroom Count: 16
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,525
  • Total Building Area: 6,079
  • Gross Building Area: 2,186
  • Building Area: 6,079
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,079
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1745
  • Land Acres: 0.127
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT # 1745 LOT/SEC 6

Ownership

  • Current Owner : ORIGE LLC
  • Previous Owner : SHALEM INVESTMENTS LLC
  • Owner Before Previous Owner: FANNIE MAE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192510

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-E5
  • Subdivision Tract Number: 1745
  • Parcel: 5521-004-006
  • Lot: 6
  • Municipality: WEST /KOREA TOWN
  • Latitude: 34.0828
  • Longitude: -118.307

    Address

  • Full Address: 638 N Serrano Ave
  • Address - House Number: 638
  • Street Direction: N
  • Address - Street Name: Serrano
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C006
  • 4-Digit Zip Code: 1766
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,925
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,368,162
  • High Value: 1,673,807
  • Low Value: 1,062,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $825,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $825,000
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,519,000
  • Assessed Land Value: $2,142,000
  • Assessed Improvements Value: $1,377,000

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 15, 2022
  • Current Sale Transaction ID: 11885778084
  • Current Sale Price: $3,450,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 421109
  • Previous Sale Recording Date: May 17, 2019
  • Previous Sale Contract Date: May 16, 2019
  • Previous Sale Amount: $780,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 15, 2022
  • First Mortgage Loan Amount: $825,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Central LA



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Frequently Asked Questions

What neighborhood is 638 North Serrano Avenue located in?
The 638 North 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 638 North Serrano Avenue?
The average sales price for units in 638 North Serrano Avenue is $0 currently.

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