
Los Angeles, California 90004
This Modern New Construction is a Strong Value Opportunity, listed at $1,395,000—positioned well below the $1,417,395 Fair Market Value by 1.58%. This valuation gap offers $22,395 in Instant Equity for buyers. Featuring a Mint Condition Rating, this 2025-built home includes a chef’s kitchen and a panoramic rooftop garden. While the lot size is compact, the high-end finishes and central location offer a premium lifestyle. This is an ideal acquisition for Owner-Occupants seeking luxury or sophisticated urban professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 542 N Serrano Avenue Subject | $1,395,000* List Price | 5 | 4 | 2,388 | $594 | - |
A 540 1/2 N Serrano Sold | $1,338,000 | 5 | 4 | 2,381 | $562 | 0.0 mi |
B 495 N St Andrews Place Sold | $1,130,000 | 3 | 4 | 1,955 | $578 | 0.3 mi |
C 5014 Rosewood Avenue 1/2 Sold | $1,279,000 | 3 | 3 | 1,895 | $675 | 0.5 mi |
D 644 N Gramercy Place Sold | $1,100,000 | 3 | 4 | 1,763 | $624 | 0.3 mi |
E 497 N St Andrews Place Active | $1,250,000 List Price | 3 | 4 | 1,977 | $632 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Brand new 2025 construction in mint condition. Features a modern chef's kitchen, high-end bathroom finishes, and brand new HVAC/electrical systems requiring zero maintenance.
Built in 2025, this home offers contemporary open-concept living with high-end finishes, a chef’s kitchen, and the peace of mind that comes with brand-new systems and energy-efficient construction.
The private rooftop deck provides exceptional 360-degree views of the Downtown Los Angeles skyline, the Hollywood Sign, and Century City, serving as a premier outdoor entertaining space.
A $25,000 seller credit provides significant financial flexibility, allowing buyers to buy down their interest rate or cover closing costs to improve overall affordability.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1500, living area = 2388.
The 1,500-square-foot lot is quite restrictive for a five-bedroom home, offering no traditional backyard or ground-level green space for pets or children.
As part of a four-unit boutique collection with a shared gated driveway, the property lacks the privacy and seclusion typically associated with a standard detached single-family residence.
$25,000 SELLER INCENTIVE-USE IT TO LOWER YOUR INTEREST RATE-REDUCE YOUR CLOSING COSTS-OR MAKE QUALIFYING EASIER!!! Welcome to The Heights at Serrano-a boutique collection of four newly built single-family residences (50% Sold) designed for modern city living. Each home features expansive open-concept living spaces, a sleek chef’s kitchen with center island, custom cabinetry, refined finishes, and stainless-steel appliances. Thoughtful floor plans include a main-level bedroom and offer four to five bedrooms total. Homes range from approximately 2,061 to 2,388 square feet, offering generous proportions ideal for entertaining and everyday living. Each residence is crowned by a private rooftop garden delivering panoramic city views, iconic sightlines of the downtown skyline, Hollywood Sign, and unforgettable sunset vistas stretching west toward Century City. A gated driveway leads to a private two-car garage for each home. Perfectly positioned in a central, connected location near Larchmont Village, Hollywood, Koreatown, and Downtown Los Angeles, The Heights at Serrano places the best of LA right at your doorstep. This is a rare opportunity to elevate your lifestyle—where design, views, and location converge.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,388 | 1,672 |
| Lot Size | 1,500 | 6,067 |
| Price | $1.40M | $1.37M |
| Price per sq ft | $584 | $801 |
| Built year | 2025 | 1939 |
| HOA | $0 | $348 |
| Days on market | 4 | 56 |
Jul 18, 2026
$1,395,000
Initial Listing