ActiveCondominium

1055 S Serrano Avenue 305

Los Angeles, CA, 90006

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$699,000

MLS: ML82041219

Beds

2

Baths

2

Sq Ft

1,110

Lot

Year Built

2018

MLS #

ML82041219

Days on Market

5

Listed

Apr 1, 2026

Description

Built in 2018, this like-new contemporary condo is part of an exclusive 20-unit community ideally located in the heart of Korea Town. This bright corner unit is filled with abundant natural light and offers a spacious 2-bedroom, 2-bathroom layout with a private balcony, perfectly positioned on the 3rd floor. The home features soaring ceilings, LED lighting, smart home technology, own laundry room. Designed for modern living, the open-concept floor plan showcases a sleek kitchen with stainless steel appliances, quartz countertops, contemporary cabinetry, and stylish waterproof wood-look flooring throughout. A rare bonus, the unit comes with a 2-car carport, and it is the only carport in the entire complex equipped with its own EV charger port, making it an exceptional convenience for todays lifestyle-focused buyer.

Location

Los Angeles, Los Angeles County, CA 90006

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Listed by: Serena Zhang · Shè Homes

Payment estimate

$5,156

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100

%
Principal & Interest
$3,865
Property tax (1.25%)
$728
Homeowners insurance
$300
Mortgage insurance
$262
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $24,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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