855 S Serrano Ave 42A, Los Angeles, CA 90005 - View 1
855 S Serrano Ave 42A, Los Angeles, CA 90005 - View 2
855 S Serrano Ave 42A, Los Angeles, CA 90005 - View 3

855 S Serrano Ave 42A, Los Angeles, CA 90005

Sale Price: $840,000
Jan 22, 20251,200 sqft1 beds1 baths
Listed by: Yana Beranek
License #: 01957970
Phone #: 424-343-4213
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: 25487847

Property Description

Step into timeless sophistication in this beautifully renovated home within Koreatown's prestigious Chateau Chaumont, a landmark designed by renowned architect Kenneth MacDonald Jr. in 1928. With its French Renaissance-style faade, celebrity ownership history, and Mills Act tax benefits, this residence offers a unique blend of historic charm, modern luxury, and exceptional value. Situated on a premium fourth-floor location, the home showcases unobstructed city light views through expansive windows. The interior has been thoughtfully updated to preserve its original character while introducing high-end modern amenities. Original hardwood floors, custom millwork, and concrete walls create a timeless atmosphere, while high ceilings and large windows fill the space with light and enhance the open layout. The modernized gourmet kitchen boasts intricate custom tile, Silestone counters, and premium appliances from Miele, Bosch, and Samsung, including a five-burner gas range. Rejuvenation hardware and Marmoleum flooring complete the chic design. The luxurious bathroom features a freestanding tub with captivating city views, a limestone sink, and Kallista unlacquered brass fixtures, blending elegance and comfort. The home also includes a fireplace, a grand entryway, ample closet space, a Miele washing machine, and a dual-zone heating system. A private storage unit, covered gated parking, and access to a shared rooftop patio further enhance convenience. This property is not only a residence but also an investment opportunity, as it is registered as a filming location, offering a potential income stream while keeping HOA fees low. Its historic designation under the Mills Act also significantly reduces property taxes, making it a standout value. Located on a quiet, semi-private street near Sand Dune Park and Koreatown Plaza, the home offers proximity to local parks, schools, Metro lines, and cultural landmarks like The Wiltern Theater. Enjoy unparalleled access to the best dining, shopping, and entertainment in Koreatown while savoring the serenity of this exclusive retreat. With its designer-quality renovations, timeless charm, and income-generating potential, this residence is a rare opportunity to own a piece of Los Angeles history. Property available for lease at $3,900/month. A furnished option is also available. Please inquire for details.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

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Experience: 10 years

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“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$14,874

TurboHome Estimated Value

$920,800

$767 sqft

High Valuation
$966,840
$806/sqft
Normal Valuation
$920,800
$767/sqft
Low Valuation
$874,760
$729/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$767/sqft$920,800

Neighborhood: Mid Wilshire

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Comparative Value

$650K

$720K

$840K

$890K

$900K

966 S St Andrews Pl 104, Los Angeles, CA 90019

Sale Price: $650,000

Selected Comparable

3350 James M Wood Blvd 3, Los Angeles, CA 90006

Sale Price: $720,000

Selected Comparable

855 S Serrano Ave 42A, Los Angeles, CA 90005

Sale Price: $840,000

Selected Comparable

855 S Serrano Ave 42A, Los Angeles, CA 90005

List Price: $850,000

Subject Property

702 S Serrano Ave 405, Los Angeles, CA 90005

Sale Price: $890,000

Selected Comparable

855 S Serrano Ave 32A, Los Angeles, CA 90005

Sale Price: $900,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
855 S Serrano Ave 42A, Los Angeles, CA 90005

855 S Serrano Ave 42A, Los Angeles, CA 90005

List: $850,000

Listed: 1/22/2025

Area:1,200 sqft
Price/sqft:$708
Beds:1
Baths:1
Year Built:
Lot Size:19,140

Comparable Properties

COMPARABLE
Choose comps
855 S Serrano Ave 32A, Los Angeles, CA 90005

855 S Serrano Ave 32A, Los Angeles, CA 90005

Sale: $900,000

5/22/20250.00 mi

Area:1,200 sqft
Price/sqft:$750
Beds:1
Baths:1
Year Built:
Weight:23.7%
855 S Serrano Ave 42A, Los Angeles, CA 90005

855 S Serrano Ave 42A, Los Angeles, CA 90005

Sale: $840,000

3/13/20250.00 mi

Area:1,200 sqft
Price/sqft:$700
Beds:1
Baths:1
Year Built:
Weight:23.2%
3350 James M Wood Blvd 3, Los Angeles, CA 90006

3350 James M Wood Blvd 3, Los Angeles, CA 90006

Sale: $720,000

2/21/20250.12 mi

Area:1,170 sqft
Price/sqft:$615
Beds:1
Baths:1
Year Built:
Weight:22.3%
702 S Serrano Ave 405, Los Angeles, CA 90005

702 S Serrano Ave 405, Los Angeles, CA 90005

Sale: $890,000

5/18/20250.23 mi

Area:1,290 sqft
Price/sqft:$690
Beds:2
Baths:2
Year Built:
Weight:15.6%
966 S St Andrews Pl 104, Los Angeles, CA 90019

966 S St Andrews Pl 104, Los Angeles, CA 90019

Sale: $650,000

12/6/20240.28 mi

Area:1,190 sqft
Price/sqft:$546
Beds:2
Baths:2
Year Built:
Weight:15.3%

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