450 S Serrano Avenue, Los Angeles, California 90020, Los Angeles, 90020 - 4 bed, 5 bath

450 S Serrano Avenue, Los Angeles, California 90020 home-pic-0
ACTIVE$1,849,000
450 S Serrano Avenue, Los Angeles, California 90020
4Beds
5Baths
3,884Sqft
9,008Lot
Year Built
1916
Close
-
List price
$1.85M
Original List price
$1.85M
Price/Sqft
$476
HOA
-
Days on market
-
Sold On
-
MLS number
25623813
Home ConditionFair
Features
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 4 Cons,5 Pros. Rank: price - $1.85M(13th), sqft - 3884(13th), beds - 4(38th), baths - 5(38th).

Discover a truly rare find an exceptionally generous home set on an unusually large lot in one of Koreatown's most desirable pockets. Homes offering this much space, privacy, and versatility at this price point are almost unheard of in the area. Perfectly positioned just minutes from top Korean markets, restaurants, cafes, and everyday conveniences, this location delivers the ideal blend of comfort and accessibility. Beyond the private, fully automatic gate, the well-designed two-story home features a 2-car garage and an extended driveway that can comfortably accommodate 5 to 6 additional vehicles, an invaluable advantage for busy households and frequent guests. The convenience and security of the automatic gate add another level of ease to everyday living. The expansive backyard is your own outdoor canvas, ready for weekend gatherings, BBQs, gardening, or simply relaxing in complete privacy. In Koreatown, where spacious homes and oversized lots are rare, this property stands out as one of the best values on the market. Don't miss your chance to secure exceptional space, enhanced privacy with an automatic gate, and a prime location at a price that's truly hard to beat.

Nearby schools

5/10
Cahuenga Elementary School
Public,K-50.3mi
6/10
Charles H. Kim Elementary School
Public,K-50.4mi
3/10
Wilton Place Elementary School
Public,K-50.7mi
6/10
Wilshire Park Elementary School
Public,K-50.7mi
3/10
Rfk Community Schools - Ambassador School - Global Education
Public,K-50.7mi
3/10
Harvard Elementary School
Public,K-50.8mi
3/10
Hobart Boulevard Elementary School
Public,K-50.9mi
4/10
Alexandria Avenue Elementary School
Public,K-50.9mi
4/10
Frank Del Olmo Elementary School
Public,K-60.9mi
/10
Mariposa-Nabi Primary Center
Public,K-21.0mi
6/10
Van Ness Avenue Elementary School
Public,K-51.2mi
7/10
Dr. Sammy Lee Medical And Health Science Magnet Elementary
Public,K-51.2mi
3/10
Los Angeles Elementary School
Public,K-51.2mi
5/10
Commonwealth Avenue Elementary School
Public,K-51.4mi
8/10
Hoover Street Elementary School
Public,K-51.4mi
3/10
Leo Politi Elementary School
Public,K-51.5mi
8/10
Third Street Elementary School
Public,K-51.7mi
7/10
Queen Anne Place Elementary School
Public,K-51.8mi
6/10
Carson-Gore Academy Of Enviornmental Studies
Public,K-51.9mi
4/10
Young Oak Kim Academy
Public,6-80.9mi
5/10
Virgil Middle School
Public,6-81.0mi
3/10
Berendo Middle School
Public,6-81.3mi
5/10
Pio Pico Middle School
Public,6-81.6mi
7/10
John Burroughs Middle School
Public,6-81.8mi
3/10
Johnnie Cochran, Jr., Middle School
Public,6-82.0mi
6/10
Thomas Starr King Middle School
Public,6-82.5mi
3/10
Rfk Community Schools-Ambassador-Global Leadership
Public,6-120.7mi
5/10
Rfk Community Schools- For The Visual Arts And Humanities
Public,9-120.7mi
4/10
Rfk Community Schools-Los Angeles High School Of The Arts
Public,9-120.7mi
4/10
Los Angeles Senior High School
Public,9-121.7mi
4/10
West Adams Preparatory High School
Public,9-122.0mi
3/10
Belmont Senior High School
Public,9-122.5mi
8/10
John Marshall Senior High School
Public,9-123.3mi
7/10
Fairfax Senior High School
Public,9-123.4mi

Price History

Date
Event
Price
12/01/25
Listing
$1,849,000
Condition Rating
Fair

Built in 1916, this property is over a century old. While the exterior appears well-maintained and some rooms feature hardwood flooring, the visible bathroom (Image 5) is significantly dated with small green square tiles and an older vanity, suggesting a renovation from 20-40 years ago. The general interior decor, as seen in the dining room and bedroom (Images 2, 4), also features dated wallpaper and light fixtures. The absence of kitchen photos in the listing is a strong indicator that it is likely outdated and not a selling point. The property requires substantial aesthetic updates, particularly in the kitchen and bathrooms, to meet current market expectations, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Lot Size & Privacy: The property offers an unusually large 9,008 sqft lot for Koreatown, providing significant outdoor space and enhanced privacy, further secured by a private, automatic gate.
Prime Koreatown Location: Strategically positioned just minutes from top Korean markets, restaurants, cafes, and everyday conveniences, offering excellent accessibility and a vibrant urban lifestyle.
Ample Parking Capacity: Features a 2-car garage and an extended driveway capable of accommodating 5-6 additional vehicles, a rare and valuable asset in a dense Los Angeles urban environment.
Generous Living Space: With 3884 sqft, 4 bedrooms, and 5 bathrooms, the home provides substantial living space and versatility, suitable for larger households or those desiring extra room.
Rarity & Value Proposition: Described as a 'rare find' and 'one of the best values on the market' for its size and privacy in Koreatown, suggesting strong investment potential in a competitive area.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3884, other record living area = 4567.
Historic Property Age: Built in 1916, the home is over a century old, which may imply potential for outdated systems (plumbing, electrical, HVAC) and deferred maintenance, possibly requiring significant capital expenditure for modernization.
Unspecified Interior Condition/Updates: The description heavily emphasizes exterior and location benefits but lacks details on interior renovations or modern amenities, suggesting the interior might be dated or require substantial upgrades to meet contemporary standards.
Lack of Scenic Views: The property explicitly states 'view: None,' which could be a disadvantage for buyers seeking scenic vistas, a common desire and value-add in the Los Angeles real estate market.

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