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$865,000 Sold Price
OFF MARKET: SOLD ON 07/27/16

553 N Serrano Ave Los Angeles, CA 90004 (Mid-Wilshire)

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  • Multi-Family Home
  • 6 Bedrooms
  • 4 full Bathrooms
  • 2,948 sqft
  • Lot size: 6,748 sqft
  • Built in 1909
  • Provided By:
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Property Details for 553 N Serrano Ave


Sold > CA > Los Angeles > 90004 > Mid-Wilshire > 553 N Serrano Ave
This property is no longer available to rent or buy. This description is from April 05, 2012
Enjoy tax benefits as well as steady income from this money-making duplex in a popular neighborhood. Features include: Unit#1...hardwood floors Though out out,fireplace,ceramic tile in kitchen and bathroom, garbage disposal,stove, tub and shower combo and sliding glass door leading to small patio. Unit#2...upstairs..hardwood floors, living room and hallway bath with ceramic tile and the unit has new windows. There is mother-in-law unit attached to unit#1.This unit has its own entry with kitchen, living room and bath. Property is vacant and easy to show. Buyers must be pre qualified with... a BofA loan agent prior to submitting on offer. All offers are to be submitted by 12:00 nooon 3/1/2012. No more offers will be accepted after this time.
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553 N Serrano Ave Public Records


Official property, sales, and tax information from county (public) records as of 07/2016:
    • Triplex (3 units, any combination)
    • 2,948 sqft
    • 2 Units
    • County: Los Angeles
    • 6 Bedrooms
    • Lot Size: 6,748 sqft
    • 2 Buildings
    • Tax Rate Code Area: 0-067
    • 4 Bathrooms
    • Built In 1909
    • Subdivision: LA PALMA ADDITION

Additional Costs For 553 N Serrano Ave


Property Taxes and Assessment of 553 N Serrano Ave


Land
Improvement
Total
$540,000
+
$230,000
=
$770,000
Year Tax Assessment Market
2016 $9,490 $770,000  N/A
Source: Public Records

Price History & Trends


Price History for 553 N Serrano Ave


Date Event Price Source Agents
07/27/2016 Sold view detail $865,000 Public records Public records  
  • Recording Date
    07/27/2016
  • Contract Date
    07/08/2016
  • Sale Price
    $865,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $3,893
  • County Transfer Tax
    $952
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed
09/11/2015 Sold view detail $770,000 Public records Public records  
  • Recording Date
    09/11/2015
  • Contract Date
    08/06/2015
  • Sale Price
    $770,000
  • Price Type
    Sales Price or Transfer Tax rounded by county prior to computation. Varies by county.
  • City Transfer Tax
    $3,465
  • County Transfer Tax
    $847
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed
09/05/2012 Sold view detail $550,000 Public records Public records  
  • Recording Date
    09/05/2012
  • Contract Date
    08/29/2012
  • Sale Price
    $550,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $2,475
  • County Transfer Tax
    $605
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed
04/24/2012 Sold view detail $440,000 Public records Public records  
  • Recording Date
    04/24/2012
  • Contract Date
    04/04/2012
  • Sale Price
    $440,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $1,980
  • County Transfer Tax
    $484
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    REO Resale
07/19/2005 Sold view detail $830,000 Public records Public records  
  • Recording Date
    07/19/2005
  • Contract Date
    07/08/2005
  • Sale Price
    $830,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $3,735
  • County Transfer Tax
    $913
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed
08/29/2003 Sold view detail $500,000 Public records Public records  
  • Recording Date
    08/29/2003
  • Contract Date
    06/24/2003
  • Sale Price
    $500,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $2,250
  • County Transfer Tax
    $550
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Individual Deed
05/17/2002 Sold view detail $355,000 Public records Public records  
  • Recording Date
    05/17/2002
  • Contract Date
    05/15/2002
  • Sale Price
    $355,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • City Transfer Tax
    $1,598
  • County Transfer Tax
    $391
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Individual Deed
03/21/2002 Sold view detail $250,000 Public records Public records  
  • Recording Date
    03/21/2002
  • Contract Date
    12/13/2001
  • Sale Price
    $250,000
  • Price Type
    Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
  • City Transfer Tax
    $1,125
  • County Transfer Tax
    $275
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Grant Deed

Real Estate Trends in Mid-Wilshire

Average listing price for similar homes $841,300 3% below sale price
Average listing price for all homes in Mid-Wilshire $888,158 3% above sale price
Median sale price for all homes in Mid-Wilshire $575,500 33% below sale price

Sold Homes near 553 N Serrano Ave


Address Distance Property Type Sold price Sold date Bed Bath Sqft
5100 Inglewood Blvd, Los Angeles CA 8.69 Multi-Family $700,000 04/12/17 2 2 950
2354 S Cloverdale Ave, Los Angeles CA 4.23 Multi-Family $830,000 03/31/17 4 3 2,053
1116 N Griffith Park Dr, Burbank CA 7.15 Multi-Family $867,000 03/30/17 4 2 1,699
3027 S La Salle Ave, Los Angeles CA 3.80 Multi-Family $650,000 04/07/17 3 2 1,922
3418 Cimarron St, Los Angeles CA 3.94 Multi-Family $707,000 03/30/17 6 3 2,541
3223 W 6th St #310, Los Angeles CA 1.45 Multi-Family $689,000 03/30/17 1 2 1,430
344 N Florence St, Burbank CA 5.86 Multi-Family $925,000 04/13/17 3 3 1,881
2817 Idell St, Los Angeles CA 4.82 Multi-Family $709,000 04/07/17 6 4 2,717
4418 Cahuenga Blvd, Toluca Lake CA 5.72 Multi-Family $637,000 03/31/17 7 6 3,110
3856 Seneca Ave, Los Angeles CA 3.95 Multi-Family $725,000 03/28/17 3 3 1,364