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Sold for $800,000
  • Listed by: Coldwell Banker Realty • Ash Rizk • Contact: 626-574-2321
    Bought with: Dream Realty & Investments Inc
    $800,000

    1055 S Serrano Ave #505, Los Angeles, CA 90006

    2beds
    1,370sqft
    Condominium
    Built in 2017
    -- sqft lot
    $830,400 Zestimate®
    $584/sqft
    $3,551 Estimated rent

    Home value

    $830,400

    $789,000 - $872,000

    $3,551/mo

    Zestimate® history
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    What's special

    Penthouse corner unitVersatile second-story loftLovely balconyGourmet kitchenContemporary fixturesFlooded with natural lightStunning city views
    Welcome to this rare find in a contemporary 20-unit building completed in 2018, nestled in the heart of Koreatown. This gorgeous penthouse corner unit offers stunning city views and a chic open floor plan, flooded with natural light from the large windows and soaring ceilings, complemented by custom window treatments. The turn-key smart home is equipped with LED lights, custom cabinets, and an in-unit washer/dryer, ensuring modern convenience at every turn. The spacious, high-ceiling living room is perfect for both relaxation and entertaining. The gourmet kitchen features stainless steel appliances, sleek countertops, and ample cabinet space, making it a chef's dream. Downstairs, you'll find two comfortable bedrooms, including a stunning master suite with a lovely balcony where you can enjoy the city views with your morning coffee or unwind after a long day. Upstairs, the versatile second-story loft offers endless possibilities, whether you need a work-from-home office, a gym, or a media room. This luxurious condo also features elegant bathrooms with contemporary fixtures and beautiful tile work. Residents of this secure building enjoy access to a new workout room. The gated security garage includes two assigned parking spots and additional guest parking. Located in the vibrant Koreatown neighborhood with tons of food choices and an array of shopping, and entertainment options. With easy access to major highways and public transportation, the rest of Los Angeles is at your fingertips. Don’t miss out on the opportunity to own this exquisite condo in one of LA's most dynamic areas. Schedule a private showing today and experience the best of city living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ash Rizk DRE #01503342 626-393-5695,

    Coldwell Banker Realty

    Bought with:

    Janice Jeong Lee, DRE #01898929

    Dream Realty & Investments Inc

    Source: CRMLS,MLS#: AR24146983MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Loft, Living Room
    Bathroom
    • Features: Tub Shower
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher
    • Laundry: Inside
    Features
    • Loft
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total interior livable area: 1,370 sqft

    Property

    Parking
    • Parking features: Underground
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Lobby
    • Pool features: None
    • Has view: Yes
    • View description: City Lights
    Lot
    • Size: 0.28 Acres
    Details
    • Parcel number: 5080014073
    • Zoning: LAR4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Urban
    HOA
    • Has HOA: Yes
    • Amenities included: Fitness Center, Sauna
    • HOA fee: $412 monthly
    • HOA name: First Choice
    • HOA phone: 213-381-9550
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $584/sqft
    • Tax assessed value: $838,881
    • Annual tax amount: $10,308
    • Date on market: 7/31/2024
    • Cumulative days on market: 138 days
    • Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange

    Price history

    DateEventPrice
    6/24/2026Listing removed$849,000$620/sqft
    Source: CLAW #26832785 Report a problem
    6/16/2026Price change$3,500-2.8%$3/sqft
    Source: CLAW #26842569 Report a problem
    6/11/2026Price change$3,600-2.7%$3/sqft
    Source: CLAW #26842569 Report a problem
    6/11/2026Price change$849,000-1.2%$620/sqft
    Source: CLAW #26832785 Report a problem
    6/3/2026Listed for rent$3,700+2.8%$3/sqft
    Source: CLAW #26842569 Report a problem
    5/12/2026Listed for sale$859,000+7.4%$627/sqft
    Source: CLAW #26832785 Report a problem
    3/1/2025Listing removed$3,600$3/sqft
    Source: CLAW #25-483623 Report a problem
    2/20/2025Price change$3,600-2.7%$3/sqft
    Source: CLAW #25-483623 Report a problem
    2/8/2025Price change$3,700-2.6%$3/sqft
    Source: CLAW #25-483623 Report a problem
    1/30/2025Price change$3,800-2.6%$3/sqft
    Source: CLAW #25-483623 Report a problem
    1/21/2025Price change$3,900-2.5%$3/sqft
    Source: CLAW #25-483623 Report a problem
    1/16/2025Listed for rent$4,000$3/sqft
    Source: CLAW #25-483623 Report a problem
    1/15/2025Sold$800,000-4.6%$584/sqft
    Source: CRMLS #AR24146983 Report a problem
    1/11/2025Pending sale$839,000+8.3%$612/sqft
    Source: CRMLS #AR24146983 Report a problem
    7/22/2020Sold$775,000+3.3%$566/sqft
    Source: Public Record Report a problem
    3/26/2019Sold$750,000$547/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,308 +1.1%$838,881 +2%
    2024$10,194 +1.9%$822,434 +2%
    2023$10,002 +4.8%$806,309 +2%
    2022$9,544 +1.3%$790,500 +2%
    2021$9,426 -1.9%$775,000 +1.3%
    2020$9,607 $765,000
    Find assessor info on the county website

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $830,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $830,400