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 UNDER CONTRACT$1,139,000
855 S Serrano Avenue 43a, Los Angeles, California 90005
3Beds
3Baths
2,390Sqft
19,145Lot
Year Built
1928
Close
-
List price
$1.14M
Original List price
$1.19M
Price/Sqft
$477
HOA
$540
Days on market
-
Sold On
-
MLS number
25562347
Home ConditionExcellent
Features
Good View: City Lights, Panoramic
ViewCity Lights,Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.14M(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
10/01/25
Price Change
$1,139,000
07/08/25
Listing
$1,189,000
10/31/17
Sold
$949,000
04/11/06
Sold
$740,000
Condition Rating
Excellent

Despite being built in 1928, this property has undergone an extensive, high-quality renovation and restoration. The kitchen features high-end Miele and Sub-Zero appliances, designer finishes, and a pristine appearance. Bathrooms are beautifully appointed with polished nickel fixtures, vintage-style tiling (hex, penny-round, subway), and a restored clawfoot tub, all in excellent condition. Original hardwood floors are restored, and lighting is updated with a mix of restored vintage and modern recessed fixtures. The overall aesthetic is fresh, clean, and luxurious, indicating that all key components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Historic Charm & Architectural Integrity: The property boasts 'timeless elegance' within an 'iconic historic building,' featuring 'soaring 9-foot, architecturally detailed ceilings,' original hardwood floors, restored vintage lighting, and a gas fireplace, preserving its unique character.
Spacious & Thoughtful Layout: Described as a 'huge, single-level condo' with the 'grandeur of a Manhattan classic 6,' offering three full-sized bedrooms, each with an en-suite bath and walk-in closet, providing exceptional privacy and functionality.
High-End Finishes & Appliances: Features a 'designer kitchen' with Miele and Sub-Zero appliances, and bathrooms appointed with polished nickel fixtures and vintage tilework, including a beautifully restored clawfoot tub, indicating quality and attention to detail.
Prime Urban Location & Views: Situated 'in the heart of Koreatown,' offering walkability to local highlights and MTA subway stations, complemented by 'sweeping urban views with lush green treetops and a peekaboo view of downtown.'
Exceptional Storage & Parking: Provides '8 closets (including 4 walk-ins plus a walk-in pantry and additional upstairs storage unit)' and the rare amenity of 'three secured parking spaces' in a dense urban environment.

Cons

Significant Monthly Association Fee: The $540.0 association fee represents a substantial recurring cost that buyers must factor into their budget, potentially impacting affordability and long-term ownership expenses.
Age-Related System Considerations: As a 1928 building, while beautifully preserved, it may lack modern amenities such as central air conditioning, and older infrastructure (plumbing, electrical) could potentially require future maintenance or upgrades not immediately apparent.
Recent Price Reduction: The property's list price was recently reduced from $1.189M to $1.139M, which could suggest an initial overpricing or a longer time on market, potentially signaling a need for further negotiation or a perceived value gap.

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