ActiveCondominium

1055 S Serrano Avenue 505

Los Angeles, CA, 90006

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$859,000

MLS: 26832785

Beds

2

Baths

2

Sq Ft

1,370

Lot

0.28 ac

Year Built

2017

MLS #

26832785

Days on Market

0

Listed

May 12, 2026

Description

Rare opportunity to own a stunning 2018-built corner penthouse in the heart of Koreatown. This contemporary boutique building offers a sophisticated urban lifestyle, featuring a chic, open-concept floor plan with soaring ceilings and expansive windows that frame unobstructed city views and flood the unit with natural light throughout the day. The turn-key smart home is thoughtfully upgraded with custom window treatments, LED lighting, sleek cabinetry, and a convenient in-unit washer and dryer. The gourmet kitchen features premium stainless steel appliances and ample counter space, perfect for any home chef. The main level hosts two comfortable bedrooms, including a private master suite with a dedicated balcony for quiet relaxation with a view. Upstairs, a versatile second-story loft provides the ideal space for a home office. Ideally located steps from Koreatown's world-class dining, shopping, and entertainment, with seamless access to major highways and public transit. Experience the perfect blend of luxury, convenience, and modern design in one of Los Angeles' most dynamic neighborhoods.

Location

Los Angeles, Los Angeles County, CA 90006

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Listed by: Janice Jeong Lee · Dream Realty & Investments Inc

Payment estimate

$6,332

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $85,900 · Loan: $773,100

%
Principal & Interest
$4,816
Property tax (1.25%)
$895
Homeowners insurance
$300
Mortgage insurance
$322
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

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

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $30,065 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

See Los Angeles, CA 90006 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.