3 months on rocket

1056 S Serrano Ave, Los Angeles, CA, 90006

$2,100,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
7 Baths
4,049 SqFt
$519/SqFt
House
Schools Nearby

Location

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1056 S Serrano Ave, Los Angeles$2,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1937
MLS #24347589
Lot Size0.14 Acres
StatusActive

About 1056 S Serrano Ave

1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from restaurants, shopping, entertainment, and Downtown LA. Seller's is MOTIVATED.

Property Details

Property Features

Property Information:

  • Year Built: 1937
  • Stories: 0
  • Living Area: 4,049 SqFt

Listing Office:

  • Office Name: New Star Realty
  • Office Phone: (213) 385-4989
  • Listing Agent: Kyong Starrett

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • West Adams Preparatory High School, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Berendo Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Los Angeles Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: One block south of Olympic located between Serrano and Hobart on 11th Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,100,000
  • Price Per SqFt: $519/SqFt

Tax Information:

  • Annual Amount: $5,932
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1056 S Serrano Ave vs Los Angeles

110 DAYS ON ROCKET

+76 Days

$2,100,000

+$1.1M More

$519/SqFt

-$113 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $113/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24347589

Listing Office:

  • Office Name: New Star Realty
  • Office Phone: (213) 385-4989
  • Listing Agent: Kyong Starrett

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/4/2024, 5:20:44 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 26, 2001Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,932$464,015
2020$5,761$459,258
2019$5,658$450,254
2018$5,542$441,427
2017$5,542$432,773

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,362

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6068198
4
/10

  • Los Angeles Elementary School

  • 1211 S Hobart Blvd

  • 0.19 miles

  • Public District Grades KG-5

school-card-donut-6068199
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.22 miles

  • Public Magnet Grades KG-6

school-card-donut-6068200
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.53 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6068201
3
/10

  • Berendo Middle School

  • 1157 S Berendo St

  • 0.61 miles

  • Public District Grades 6-8

school-card-donut-6068202
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.43 miles

  • Public District Grades 6-8

High School

school-card-donut-6068203
2
/10

  • West Adams Preparatory High School

  • 1500 W Washington Blvd

  • 1.22 miles

  • Public District Grades 9-12

school-card-donut-6068204
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.46 miles

  • Public Magnet Grades 9-12

school-card-donut-6068205
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.82 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,823. Typical income of Los Angeles, CA residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1056 S Serrano Ave

What is the listing price of this property?

The listing price of 1056 S Serrano Ave property is $2,100,000.

What type of property is this?

The property 1056 S Serrano Ave is a house located in Los Angeles, California, 90006.

Is this property for sale now?

Active Listing: 1056 S Serrano Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1056 S Serrano Ave are:
Los Angeles Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Berendo Middle School: GreatSchools Rating 3/10
Studio: GreatSchools Rating 4/10
West Adams Preparatory High School: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,932 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 26, 2001 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1056 S Serrano Ave has 7 bedrooms and 7 bathrooms.

What is the square footage of this property?

The property 1056 S Serrano Ave is 4,049 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1056 S Serrano Ave is 1937.

Rocket Homes›California›Los Angeles County›Los Angeles›90006›1056 S Serrano Ave

This home is located at 1056 S Serrano Ave in Los Angeles, CA and zip code 90006 in the Central LA neighborhood. This 4,049 square foot home, which was built in 1937, sits on a 0.14 acre lot. Features: 7 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since January 15, 2024 and is currently priced at $2,100,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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