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$1,800,000   Price Analysis
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1117 S Serrano Ave Apt 1
Los Angeles, CA 90006
5 bed 5 bath 4,084 SqFt ($440/SqFt)
6,215SqFt lot. Built 1927
Listed 2024-05-06, Taxes $6,927
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Rare opportunity to own a Prime 4 unit income investment in the heart of Korea Town!

This meticulously maintained, open 4, 084 sq.ft property boasts 5 bedrooms and 5 bathrooms. Located near a large Korean Market Mall and conveniently accessible to Olympic and Western near shopping, dining and public transportation.

Enjoy steady rental income or a extraordinary potential for redevelopment. Don't miss out on this chance to own a pece of propert y in one of LA'S most vibrant neighborhoods!


Presented by Kyong Starrett at
NEW STAR REALTY & INVESTMENTS.


Property MLS #24-388251 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 5
Full Bathrooms: 5

Lot Size Acres: 0.1426768
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 6215

Garage Description: Covered Parking

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 3, 1 BathsTotal: 2, 1 SquareFeet: 4000, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1850, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1850, 4 BathsTotal: 1, 4 SquareFeet: 1450

Source Listing Status: Active
County: Los Angeles
Directions: Use Google maps.
Source Property Type: Residential Income
Area: Mid-Wilshire
Source Neighborhood: Mid-Wilshire
Parcel Number: 5080-013-010
Postal Code Plus 4: 2455
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$238,041 + $313,211
$551,252
$6,927
2021$233,374 + $307,070
$540,444
$6,818
2020$230,982 + $303,922
$534,904
$6,880
2019$226,453 + $297,963
$524,416
$6,621
2018$222,013 + $292,121
$514,134
$6,516
2017$217,660 + $286,394
$504,054
$6,381
2016$213,393 + $280,779
$494,172
$6,196
2015$210,188 + $276,562
$486,750
$6,108
2014$206,071 + $271,145
$477,216
$6,152
2013$205,140 + $269,920
$475,060
$6,146
2012$201,118 + $264,628
$465,746
$6,226
2010$197,175 + $259,440
$456,615
$6,114
2009$196,167 + $258,114
$454,281
$5,889
2009$195,702 + $257,502
$453,204
$5,889
2008$192,321 + $253,053
$445,374
$5,647
2007$188,550 + $248,092
$436,642
$5,451

Price Changed 2024-06-19
$1,800,000
TheMLSCLAW
Listed 2024-05-06
$2,015,000
TheMLSCLAW
Sold 2002-04-15
$393,000
ITECH
Listed 2002-03-07
$429,000
ITECH
Sold 2001-07-26
$305,000
Public Record
Sold 1983-02-15
$114,000
Public Record

Total Square Feet Living: 4084
Year Built: 1927
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 97
Year Built Source: Vendor Enhanced

Other Equipment: Range/Oven

Los Angeles Elementary School is a public elementary school located approximately 0.1 miles away.
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Pio Pico Middle School is a public middle school located approximately 0.7 miles away.
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West Adams Preparatory High School is a public high school located approximately 1.2 miles away.
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Bishop Conaty - Our Lady Of Loretto is a private high school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.