702 S Serrano Avenue 605, Los Angeles, California 90005, Los Angeles, 90005 - 2 bed, 2 bath
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Los Angeles, California 90005
This Move-In Ready Corner Unit is a Strong Value Opportunity, listed at $868,000—positioned above the $759,976 Fair Market Value. While priced at a premium, the property offers a Good Condition Rating and a superior steel-frame structure for enhanced durability. Featuring a Granite Kitchen, private patio with city views, and two side-by-side parking spaces, this home provides a high-end urban lifestyle in the heart of Koreatown. Its exceptional walkability and modern amenities make it an ideal acquisition for Owner-Occupants or first-time buyers seeking a sophisticated, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 702 S Serrano Avenue 605 Subject | $868,000* List Price | 2 | 2 | 1,290 | $589 | - |
A 733 S Manhattan Place 604 Sold | $670,000 | 2 | 2 | 1,130 | $593 | 0.3 mi |
B 733 S Manhattan Place 401 Sold | $619,900 | 2 | 2 | 1,090 | $569 | 0.3 mi |
C 625 S Berendo Street 609 Sold | $780,000 | 2 | 2 | 1,390 | $561 | 0.7 mi |
D 625 S Berendo Street 203 Sold | $650,000 | 2 | 2 | 1,210 | $537 | 0.7 mi |
E 625 S Berendo Street 308 Sold | $680,000 | 2 | 2 | 1,200 | $567 | 0.7 mi |
F 625 S Berendo Street 212 Sold | $730,000 | 3 | 2 | 1,340 | $545 | 0.7 mi |
G 620 S Gramercy Place 415 Sold | $620,000 | 2 | 2 | 1,053 | $589 | 0.4 mi |
H 3855 Ingraham Street 204 Active Under Contract | $750,000 List Price | 3 | 2 | 1,250 | $600 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007 (17 years old), the property fits the 10-20 year age bracket for 'Good' condition. The unit is well-maintained and move-in ready, featuring high-end Viking stainless steel appliances, granite countertops, and a spa-inspired primary bath. Recent cosmetic updates like fresh paint and new blinds enhance its appeal, though the kitchen and bath finishes are original to the mid-2000s construction.
Situated in the heart of Koreatown with an exceptional walk score, the property is steps away from major grocery stores like Ralphs and Zion Market, as well as Metro stations and diverse dining options.
The steel-frame structure provides enhanced durability and a quieter living environment, complemented by the rare and highly desirable feature of two side-by-side parking spaces.
As a bright corner unit with an open-concept floor plan, the home maximizes natural light and offers a private patio with city views, making it ideal for both relaxation and entertaining.
At $650 per month, the association fees represent a significant recurring expense that may impact the overall affordability for budget-conscious buyers.
Located in a high-density area near Wilshire Boulevard, residents may experience typical metropolitan challenges such as heavy traffic and limited street parking for guests.
Beautiful Corner Unit in the Heart of Koreatown! Welcome to this beautifully maintained 2-bedroom, 2-bath corner unit filled with natural light and designed for comfortable living. Freshly painted with brand-new window blinds, this inviting home features an open-concept floor plan, a spacious living and dining area, and a well-appointed kitchen with granite countertops, stainless steel appliances, and a large center for everyday living and entertaining. Step onto your private patio and enjoy beautiful city views, creating the perfect space to relax or entertain. The primary suite features a spa-inspired bathroom with a soaking tub and a separate glass-enclosed shower. Additional highlights include a separate laundry room and ample storage. Residents enjoy premium amenities including a fitness center, EV charging station, controlled access, and nighttime security guard. The unit also includes two side-by-side parking spaces, a highly desirable feature. Built with a steel-frame structure, the building offers exceptional durability and helps provide a quieter living environment. Exceptional walkability! Ralphs and Zion Market are both within one block, with countless restaurants, cafes, and everyday conveniences just steps away. Conveniently located near Wilshire Boulevard, Metro stations, Downtown LA, and Hancock Park. Move-in ready and an exceptional opportunity to own a bright corner unit in one of Koreatown's most desirable locations!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,290 | 1,243 |
| Lot Size | 14,187 | 24,016 |
| Price | $868.0K | $805.6K |
| Price per sq ft | $673 | $659 |
| Built year | 2007 | 1981 |
| HOA | $650.0 | $684 |
| Days on market | 5 | 71 |
Jul 17, 2026
$868,000
Initial Listing
Aug 31, 2011
$545,000
Public Record