451 S Serrano Avenue
Los Angeles, CA, 90020
$1,650,000
MLS: 26840093
Beds
6
Baths
4
Sq Ft
3,732
Lot
0.21 ac
Year Built
1914
MLS #
26840093
Days on Market
16
Listed
May 28, 2026
Description
We are proudly presenting for sale an exceptional investment opportunity in the heart of Koreatown. This is fixer upper with lots of upside. Perfect for investors, renovators, or an owner-occupant who wants to restore and modernize the interior while preserving and enhancing the original exterior architectural appeal. This classic home offers 6 bedrooms, 4 bathrooms, approximately 3,732 sq. ft. of living space on 9,012 sq. ft. lot. Lots of Add-Value potential with ADU on the existing garage in the back yard. Located in heart of Koreatown and close to Hancock Park, Larchmont Village and Koreatown eateries and minutes to DTLA, Hollywood.
Location
Los Angeles, Los Angeles County, CA 90020
Open on Google Maps ↗Listed by: Kwang Hamm · SP Residential Inc
Payment estimate
$12,043
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $165,000 · Loan: $1,485,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $9,406
- Property tax (1.25%)
- $1,719
- Homeowners insurance
- $300
- Mortgage insurance
- $619
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 Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
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 $57,750 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.
Local Market Stats
See Los Angeles, CA 90020 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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