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1121 S Serrano Ave, Los Angeles, CA, 90006

2beds
1baths
900sqft
$988,000
$1,098price/sqft
$6,168/moest. monthly cost
$246,720/yrincome needed

About This Home

Vacant single family home in a desirable Mid-Wilshire/Koreatown location. Features 2 bed/1bath with approximately 900 sqft of main living space. R4 zoning, excellent opportunity for investors, developers or owner-users seeking value-add potential. Basement area and converted garage offer additional flexible space; permite status unknown and not included in reported sqft. Conveniently located near Olympic Blvd., Western Avenue, shopping, dining, and major freeways.

Getting Around

95
WalkingWalker's Paradise
65
TransitGood Transit
64
BikeBikeable

Schools

2/10
6/10
Pio Pico Middle SchoolGrades 6-80.7 mi

Construction

Condition

  • Year built: 1900

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Laundry features: Laundry Area

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Laminate,Hardwood
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 900
  • Total interior livable area: 900 sqft

Property

Details

  • Parcel number: 5080013009
  • Zoning: LAR4
  • Special condition: Standard
  • Other equipment: Other

Features

  • Levels: One
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: City,City Lights

Lot

  • Lot size: 6,216 sqft
  • Lot size dimensions: 46 x 135

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,995$59,940
Home Insurance *$224$2,688
Property Taxes $551$6,612
Electricity $398$4,786
Total$6,168$74,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$211,474/yr
40% on housing$185,040/yr
45% on housing$164,480/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,098This listing

vs Other Active Listings

Avg $/sqft

ZIP 90006$416
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90006$474
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-28Listed for sale$988,000
2026-05-01Listing removed$1,399,000
2026-02-10Listed for sale$1,399,000
2018-07-14Listing removed$3,100
2018-04-26Listed for rent$3,100
2017-11-27Sold$995,000

For Sale by Agent

AgentCh. (Linda) Tumen
BrokerageHST Properties, Inc.

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