Luxury condominium at prime location of Koreatown. Earthquake sustainable steel concrete construction building. Bright and airy 2bed room 2 bath home is open floor plan. Double door entry. This North-west corner unit has oversized aluminum sliding glass door to balcony and windows and marble flooring. Kitchen with granite island countertop, mosaic tile back-splash, European cabinets and door/frame finishes, stainless appliances including a high-end gas oven built-in refrigerator and wine cooler. Master suite has walk-in closet, master bath with stunning marble flooring and European design bathroom cabinet and fixtures, natural limestone jacuzzi tub. Recessed lighting, Security guard on site at nighttime. Inside laundry room with cabinet and storage space. Two tandem parking spaces and ample guest parking is inside the building garage with EV charger. Beautiful city view roof top sun deck, fitness center and well-maintained lobby as the building amenity. Centrally located and convenient in walking distance to markets, restaurants, major bankes, and close to theaters, sports centers, and metro public transit, etc.
Sold for $890,000
Listed by: Sunny Hills Real Estate, Inc. • Kay G. Jun • Contact: 714-870-7650
Bought with: Real Broker
$890,000
702 S Serrano Ave APT 405, Los Angeles, CA 90005
2beds
1,290sqft
Condominium
Built in 2007
-- sqft lot
$880,500 Zestimate®
$690/sqft
$3,612 Estimated rent
Home value
$880,500
$792,000 - $977,000
$3,612/mo
Zestimate® history
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Corner unitWine coolerEuropean cabinetsGranite island countertopEuropean design bathroom cabinetMarble flooringStunning marble flooring
Zillow last checked:
Listing updated:
Listed by:
Kay G. Jun DRE #01279277 714-869-4989,
Sunny Hills Real Estate, Inc.
Bought with:
Max Lee, DRE #01905008
Real Broker
Source: CRMLS,MLS#: PW24237881
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Other
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Kitchen
- Features: Kitchen Island, Kitchen/Family Room Combo
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator
- Laundry: Inside, Laundry Room
Features
- Balcony, Crown Molding, Elevator, Granite Counters, Open Floorplan, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Walk-In Closet(s)
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total interior livable area: 1,290 sqft
Property
Parking
- Total spaces: 2
- Parking features: Community Structure
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: 4
- Pool features: None
- Has view: Yes
- View description: City Lights
Lot
- Size: 0.33 Acres
Details
- Parcel number: 5093014085
- 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: 2007
Utilities & green energy
- Sewer: Sewer Tap Paid
- Water: Public
Community & HOA
Community
- Features: Urban
- Security: Carbon Monoxide Detector(s), Security Gate, Key Card Entry
HOA
- Has HOA: Yes
- Amenities included: Fitness Center, Pet Restrictions, Trash, Water
- HOA fee: $750 monthly
- HOA name: Serrano Palace
- HOA phone: 213-381-9550
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $690/sqft
- Tax assessed value: $762,000
- Annual tax amount: $9,126
- Date on market: 11/23/2024
- Cumulative days on market: 165 days
- Listing terms: Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2025 | Sold | $890,000+12.9%$690/sqft |
Source:  CRMLS #PW24237881 Report a problem | ||
| 6/16/2008 | Sold | $788,000$611/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,126 +4.8% | $762,000 +5.7% |
| 2024 | $8,709 -18.9% | $721,000 -19% |
| 2023 | $10,737 +35.8% | $890,000 +32.2% |
| 2022 | $7,907 -0.2% | $673,000 +0.4% |
| 2021 | $7,923 -22.7% | $670,000 -21.2% |
| 2020 | $10,246 | $850,000 +31.2% |
| 2019 | $10,246 +17.5% | $648,000 -10.7% |
| 2018 | $8,722 | $726,000 +5.7% |
| 2017 | $8,722 +5.9% | $687,000 +17.4% |
| 2016 | $8,235 +17.8% | $585,000 -2.2% |
| 2015 | $6,991 +16.5% | $598,000 +22% |
| 2014 | $5,999 | $490,000 |
| 2012 | -- | $490,000 -18.2% |
| 2011 | -- | $599,000 |
| 2010 | -- | $599,000 -25.5% |
| 2009 | -- | $803,760 +65.3% |
| 2008 | -- | $486,387 |
Find assessor info on the county website
Neighborhood: Koreatown
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Nearby schools
GreatSchools rating
- 5/10Hobart Boulevard Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10RFK Community Schools-Ambassador School of Global LeadershipGrades: 6-12Distance: 0.5 mi
- 5/10RFK Community Schools Los Angeles High School Of The ArtsGrades: 9-12Distance: 0.5 mi
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Estimated market value
$880,500
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Estimated market value
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- California
- Los Angeles County
- Los Angeles
- 90005
- Koreatown
- 702 S Serrano Ave Apartment 405
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