855 South Serrano Avenue
Los Angeles, CA, 90005 $ 850,000
Bedrooms1 Baths1.0 Sq 1,200 Monthly Estimate*
$ 5,649
for $850,000 with 1 bedroom and 1 full bath. This 1,200 square foot condo was built in 1928 on a lot size of 0.44.
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 itself renovated with a focus on preserving the original character and style, the residence boasts a chic, designer-quality interior with a beautifully modernized gourmet kitchen and a gorgeous, updated bathroom. A premium fourth-floor location allows the view to be presented with minimal distractions. High ceilings and large windows create a voluminous, open atmosphere; custom paint tones add a touch of whimsy and style; classic, hand-curated modern fixtures recall the quality and craftsmanship of the era in which the home was built. All the features that make older properties a prized possession are present, including custom millwork/moldings and original hardwood floors that have been beautifully refinished. The tastefully updated kitchen is adorned with intricate custom tile, Silestone counters and Marmoleum flooring. High-end appliances from Miele, Bosch and Samsung, including a five-burner gas range, bring the kitchen into the modern era. The Rejuvenation hardware in the kitchen and Kallista unlacquered brass bathroom fixtures add to the feeling of quality. Certainly a favorite, the bathroom showcases captivating views of the twinkling city lights from a modern freestanding tub. Other features include concrete floors and a limestone sink. The home also includes a fireplace, a grand entry, ample closet space, a Miele washing machine, concrete interior walls and a dual-zone heating system. The building itself offers rooftop access, a shared outdoor patio, a private storage unit, a covered parking space with gated access, and guest parking. Located in close proximity to Koreatown Plaza, the Metro, several local parks and schools, and the Wiltern Theater, the home provides convenient access to the best the city has to offer. With a timeless design by a well-known architect and a stylish, open interior, along with the potential for income generation, this sophisticated home is a great opportunity.
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FeaturesGeneralInterior Features Crown Molding Intercom High Ceilings
Heating Floor Furnace
Zoning LAR4
HOA 350.0
Architectural Style French
Security Features Automatic Gate
3/4 Baths 0
Full Baths 1
Half Baths 0
Year Built 1928
View Park/Greenbelt City Lights
Levels One
Property SubType Condominium
Assoc Fee Paid Per Monthly
County Los Angeles
New Construction No
Property Type A
Association Amenities Controlled Access
HOA / Comm Assn Yes
Attached Garage No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
View Y/N Yes
Senior Community Y/N No
MLS Area C17 - Mid-Wilshire
Lot Size Square Feet 19145.0
Street Name Serrano
Virtual Tour https://youtu.be/Eswetmm1thY
Standard Status Active
Buyer Agent Compensation Type %
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InteriorFlooring Wood
Kitchen Appliances Disposal Dishwasher Refrigerator
Fireplace Features Decorative
Total Stories 6
Heating Y/N Yes
Fireplace Y/N Yes
Street Suffix Avenue
Total Bathrooms 1.0
Laundry Features Washer Included In Kitchen
Entry Level 4
Total Baths 1
Total Bedrooms 1
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ExteriorParking Features Controlled Entrance Community Structure
Lot Size Area 19145.0
Pool Y/N? No
Building Area Total 1200.0
Lot Size Acres 0.44
Lot Size Units Square Feet
Land Lease Type Fee
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* Excluded FeaturesList ByYana BeranekListing Agent
Berkshire Hathaway Homeservices California PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,649
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCondo listings in Los Angeles, CA
Average List Price $1,484,394
Percent of Sale Price 75%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
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793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
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4/17/2024 | $850,000 | | Listed Price |