702 S Serrano Avenue 501
Los Angeles, CA, 90005
$985,999
MLS: 26638573
Beds
3
Baths
3
Sq Ft
1,520
Lot
0.33 ac
Year Built
2007
MLS #
26638573
Days on Market
98
Listed
Jan 13, 2026
Description
Best view,view ,and view, Experience luxury living in this modern end unit located in the heart of Koreatown, just south of Wilshire. This bright and spacious front-facing unit on the 5th floor offers premium features and restricted access for enhanced privacy. The unit spans approximately 1,520 square feet and includes: - Living Space: Large living room with marble and hardwood flooring, featuring a balcony with panoramic city views. - Kitchen: Extensive cabinetry equipped with a Miele dishwasher and a Viking open burner range. - Bedrooms/Baths: 3 bedrooms and 2.5 baths. The master bath includes a X large tub and double sinks; amenities include: - Fitness room - Sun deck - Theater room - SIDE BY SIDE Two parking spaces. The property is within short distance of major supermarkets, the Wiltern Theatre, Gym and spa, Metro stations, and a variety of dining options.
Location
Los Angeles, Los Angeles County, CA 90005
Open on Google Maps ↗Listed by: Jae Young Lee · Ivy Realty Co.
Payment estimate
$7,149
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $98,600 · Loan: $887,399
- Principal & Interest
- $5,452
- Property tax (1.25%)
- $1,027
- Homeowners insurance
- $300
- Mortgage insurance
- $370
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 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 $34,510 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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