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Image 1 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 2 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 3 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 4 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 5 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 6 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 7 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 8 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Image 9 - 855 S Serrano Ave Unit 42A, Los Angeles, California, 90005 - Condo for sale
Condo For Sale In Los Angeles, California
855 S Serrano Ave Unit 42A, Los Angeles, California, 90005

Condo For Sale In Los Angeles, California

condo for sale
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Listed: 06/18/24

855 S Serrano Ave Unit 42A, Los Angeles, California, 90005

1 Bed:
1 Bath:
1,200 Sq Ft Living Area:
Save
Price
$ 800,000

About This Condo

An elegant turnkey home in Koreatown's prestigious Chateau Chaumont was designed by LA architect Kenneth MacDonald Jr and built in 1928 with an impressive French Renaissance-style faade. Short distance to a multitude of options for shopping and dining, the home showcases enthralling views of the city lights through large windows. It is protected under the Mills Act, which significantly limits property taxes, potentially making it a better value than comparably priced homes. The home and property have been registered as a filming location, a factor that could create a significant revenue stream for the owner while keeping the HOA rates low. The exclusive building contains 15 units with some celebrity ownership history, offering an unparalleled sense of exclusivity. The unit …  Full description

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Koreatown Housing & Living

Average sale prices for condos

2 bed
Show as List Show as Graph
In August 2024, the asking price for 2 bed condos for sale in/near Koreatown, Los Angeles, United States averaged $840,658, an increase of 7.1% from the previous month.
Median price trends for properties for sale in Koreatown, Los Angeles, United States as of August 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.