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107 S Serrano Avenue, Los Angeles, California 90004, Los Angeles, 90004 - 5 bed, 4 bath

107 S Serrano Avenue, Los Angeles, California 90004 home-pic-0
ACTIVE$1,488,000
107 S Serrano Avenue, Los Angeles, California 90004
5Beds
4Baths
2,288Sqft
7,419Lot
Year Built
1910
Close
-
List price
$1.49M
Original List price
$1.49M
Price/Sqft
$650
HOA
-
Days on market
-
Sold On
-
MLS number
WS25044860
Home ConditionFair
Features
View-

About this home

Possibly Over-Priced:The estimated price is 30% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.49M(27th), sqft - 2288(48th), beds - 5(81th), baths - 4(60th).

Charming single-family home just minutes from Larchmont Village and Hancock Park! This inviting residence features a covered front porch leading into a spacious, light-filled living room with a decorative fireplace. The open layout includes a dining area and a generously sized kitchen. The home offers five spacious bedrooms and three full bathrooms. The property boasts a large backyard with fruit trees and a three detached car garage. This property features a side driveway with space for three vehicles. The driveway extends into the backyard, offering additional parking for up to four more cars or RV Parking. Conveniently located near Larchmont Village, restaurants, shopping centers, farmers market and La Brea Tar Pits with easy access to Hollywood, K-Town, and Robert L. Burns Park. Nearby schools include Larchmont Charter and Marlborough. Don't miss your chance to make this stunning property your dream home!

Condition Rating
Fair
This 1910-built home retains its historic charm and appears well-maintained, but the visible interiors, particularly the dining room and bedroom, show dated finishes and fixtures. While one bathroom image suggests an update, the style appears to be from 15-30 years ago rather than a recent renovation. Crucially, there are no images of the kitchen, and the listing description does not mention any recent updates to the kitchen or major systems (HVAC, electrical, plumbing). For a home of this age, the absence of such details implies these components are likely original or older and would require significant updates to meet modern standards and expected lifespans. The property is functional but shows signs of being outdated and would require minor to moderate updates and potential system overhauls.
Pros & Cons

Pros

Prime Location: Strategically located minutes from desirable Larchmont Village and Hancock Park, offering convenient access to restaurants, shopping, farmers markets, and cultural attractions like La Brea Tar Pits, with easy commutes to Hollywood and K-Town. Proximity to reputable schools like Larchmont Charter and Marlborough further enhances its appeal.
Exceptional Parking Capacity: Features a rare three-car detached garage, a side driveway accommodating three additional vehicles, and extra backyard space for up to four more cars or RV parking, a significant advantage in Los Angeles.
Spacious Living & Bedroom Count: Offers a generous layout with a light-filled living room, open dining area, and five spacious bedrooms with three full bathrooms, providing ample space for a large family or potential for home offices.
Large Lot with Outdoor Potential: Boasts a substantial 7,419 sqft lot with a large backyard featuring fruit trees, offering privacy and potential for landscaping, entertaining, or future expansion.
Historic Charm: Built in 1910, the residence retains its charming character, including a covered front porch and a decorative fireplace, appealing to buyers seeking classic architectural style.

Cons

Significant Valuation Discrepancy: The current list price of $1,488,000 is considerably higher than the estimated property value of $1,030,045, suggesting potential overpricing or a need for a strong justification of value to prospective buyers.
Age-Related System Concerns: As a 1910-built home, there's an implied potential for older infrastructure (plumbing, electrical, HVAC) that may require significant updates or maintenance, which are not explicitly mentioned as having been addressed.
Undisclosed Modern Updates: While described as having a 'generously sized kitchen,' the property description does not specify recent remodels or modern upgrades to key areas like the kitchen or bathrooms, which could be a drawback for buyers expecting contemporary finishes at this price point, especially compared to recently renovated comparable properties.

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