855 S Serrano Avenue 43a, Los Angeles, California 90005, Los Angeles, 90005 - 3 bed, 3 bath

855 S Serrano Avenue 43a, Los Angeles, California 90005 home-pic-0
ACTIVE$1,189,000
855 S Serrano Avenue 43a, Los Angeles, California 90005
3Beds
3Baths
2,390Sqft
19,145Lot
Year Built
1928
Close
-
List price
$1.19M
Original List price
$1.19M
Price/Sqft
$497
HOA
$540
Days on market
-
Sold On
-
MLS number
25529301
Home ConditionGood
Features
Good View: City Lights, Panoramic
ViewCity Lights,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.19M(88th), sqft - 2390(94th), beds - 3(65th), baths - 3(82th).

Step into timeless elegance with this rare 3-bedroom, 3-bathroom residence in one of Koreatown's iconic historic buildings. This huge, single-level condo offers the grandeur of a Manhattan classic 6, but with 3-full-sized bedrooms in the heart of Los Angeles. Bathed in natural light from 19 double-hung windows across all 3 exposures, this expansive corner unit offers sweeping urban views with lush green treetops and a peekaboo view of downtown. Soaring 9-foot, architecturally detailed ceilings crown the generously proportioned rooms, giving the space a refined, yet inviting feel. Each bedroom is complete with en-suite bath and walk-in closet. The designer kitchen features a Miele gas range and dishwasher and a built-in Sub-Zero refrigerator. Bathrooms are appointed with polished nickel fixtures and vintage hex, penny-round, and subway tilework: one includes a beautifully restored cast-iron clawfoot tub. The unit has been thoughtfully preserved, keeping the original hardwood floors, restored vintage lighting, and gas fireplace. With 8 closets (including 4 walk-ins plus a walk-in pantry and additional upstairs storage unit) this home offers exceptional storage rarely found in city living. And while you are right in the heart of Koreatown, you are surrounded by both buildings and lush green tree tops. While it's walking distance to many of Koreatown's highlights and the MTA subway stations along Wilshire, the unit also comes with three secured parking spaces. Luxury, history, and location converge in this exceptional Koreatown gem.

Price History

Date
Event
Price
10/31/17
Sold
$949,000
04/11/06
Sold
$740,000
Condition Rating
Good

This property is move-in ready with no immediate renovations required. While built in 1928, the description and images clearly indicate extensive, high-quality renovations and thoughtful preservation. The kitchen features high-end Miele and Sub-Zero appliances, modern white cabinetry, and stylish black countertops with a penny-round backsplash. Bathrooms are beautifully updated with polished nickel fixtures, vintage-style hex, penny-round, and subway tilework, including a restored clawfoot tub, all appearing in excellent condition. Original hardwood floors are well-preserved, and lighting includes restored vintage fixtures and recessed lights. The primary factor preventing an 'Excellent' score is the building's age and the noted absence of central air conditioning, which suggests some older underlying infrastructure, despite the superb cosmetic and functional updates in key areas.
Pros & Cons

Pros

Historic Charm & Architectural Grandeur: This rare residence is set in an iconic 1928 building, boasting timeless elegance with soaring 9-foot architecturally detailed ceilings, original hardwood floors, restored vintage lighting, and a gas fireplace, offering a unique blend of history and luxury.
Prime Koreatown Location & Accessibility: Situated in the heart of Koreatown, the property offers exceptional walkability to local highlights and convenient access to MTA subway stations along Wilshire, making it ideal for urban living.
Spacious & Thoughtfully Designed Interior: A huge, single-level 2,390 sqft corner unit with generously proportioned rooms, including three full-sized bedrooms, each with an en-suite bath and walk-in closet, providing ample space and privacy.
High-End Kitchen & Bathroom Finishes: The designer kitchen features premium Miele and Sub-Zero appliances, while bathrooms are appointed with polished nickel fixtures and vintage-style hex, penny-round, and subway tilework, including a beautifully restored clawfoot tub.
Rare Three Secured Parking Spaces: A significant advantage in a dense urban area like Koreatown, the inclusion of three secured parking spaces adds immense value and convenience for residents and guests.

Cons

Age of Building & Potential for System Updates: Built in 1928, while charming, the historic nature of the building may imply older infrastructure (plumbing, electrical) that could require significant capital expenditures or maintenance over time.
High Monthly Association Fees: The association fee of $540.00 per month is a substantial recurring cost that buyers must factor into their budget, potentially impacting affordability.
Absence of Central Air Conditioning: The description highlights natural light and windows but does not mention a cooling system, suggesting the absence of central air conditioning, which could be a significant comfort drawback during Los Angeles' hotter months.

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