Los Angeles County  »  90020  »  S Serrano Ave  »  511 S Serrano Ave

Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 - Property report

Also known as: 511 S Serrano Ave

Property image for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020
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Property type

Five or More Apartments or Units - 5 Stories or More (0550)

Year built

1930

Acreage

0.207

Sale price

$12,600,000

General Information

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Address
Primary address
511 S Serrano Ave
Los Angeles, CA 90020
Zip code
90020
Neighborhood
Koreatown
County
Los Angeles
Municipality
Los Angeles

Owner

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Building
Property type
Five or More Apartments or Units - 5 Stories or More
Building sq. ft.
42,528
Buildings on lot
1
Stories
5 or more
Year built
1930
Last altered
1980
Sales
Sale date
03/04/2022
Sale price
$12,600,000
Arm's length
Tax
Tax year
2026-2027
Property tax
$165,563
Zoning & use
Zoning
Qualified opportunity zone
Units
58
Lot
Acreage
0.207

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
79 /100.  Excellent Transit
Bike score
65 /100.  Bikeable
School district
Los Angeles Unified School District
Weed hazard
No

View more such as transportation, nearby schools and risk designations. For more property insights, including its Energy Star score, Existing Buildings Energy and Water Efficiency Program (EBEWE) status, plus additional energy and water usage data, .

Ownership information for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020

Sale date Sale price Buyer name Seller name
03/04/2022 $12,600,000 XXXXX XX XXXXXXX XXX XXX X XXXXXXX XXXXXX XXX
01/07/2000 $2,804,028 XXX X XXXXXXX XXXXXX XXX
01/11/1994 $1,728,000 XXXXXXX XXXXXXXXXX XXX XXXXXX, XXXXX X &

*Most recent sales on record for this property.

More about Los Angeles County property records.

Title documents

Date Type Amount Party 1 Party 2
03/04/2022 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
XXXXX XX XXXXXXX XXX XXXXXXXX XXXXX XXXX
03/04/2022 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
XXX X XXXXXXX XXXXXX XXX XXXXX XX XXXXXXX XXX
11/09/2015 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed
XXX X XXXXXXX XXXXXX XXX XXX XXXXXXXXXX XXXXXXX XX XXXXXX XXXXXXX XXXXXXX X XXX
06/18/2015 Reconveyance
Substitution Trustee
XXX X XXXXXXX XXXXXX XXX XXX X XXXXXXX XXXXXX XXX
05/26/2015 Assignment Financing Statement
Assignment of Rents
Assignment Trust Deed
XXX X XXXXXXX XXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
05/26/2015 Financing Statement XXX X XXXXXXX XXXXXX XXX XXXXXXX XXXX XXXX XXXXXXXX XXXXXXXXXXX
05/26/2015 Assignment of Rents
Financing Statement
Trust Deed
XXX X XXXXXXX XXXXXX XXX XXXXXX XXX XXXXXX XXX
12/15/2005 Financing Statement XXXX XX X XXXXXXX XXXXXX XXX
12/15/2005 Trust Deed XXXX XX X XXXXXXX XXXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/07/2000 Deed
(Sale for consideration - full DTT - Single parcel sale)
XXX X XXXXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2026-2027
Base tax
$165,563
Current property tax
$170,520
Recent tax assessments
Market value
$13,943,315
Land value
$1,391,141
Building value
$12,520,274

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Assessed value Tax rate Property tax Y-o-Y change
2025-2026 $13,674,246 1.1874 $162,368 +0.95%
2024-2025 $13,406,823 1.1997 $160,842 +2.02%
2023-2024 $13,144,643 1.1994 $157,657 +225.96%
2022-2023 $4,149,890 1.1655 $48,367 +1.14%
2021-2022 $4,069,219 1.1752 $47,821 -1.07%
2020-2021 $4,027,859 1.200129 $48,340 +6.29%
2019-2020 $3,872,837 1.174279 $45,478 +0.13%
2018-2019 $3,797,598 1.196 $45,421 +2.02%
2017-2018 $3,731,731 1.193 $44,521 +3.93%
2016-2017 $3,659,414 1.1706 $42,835 +1.64%

Special assessments & penalties for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA

Code Description Tax levied
00194 Health License Fees
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1
18869 Los Angeles-Stormwater Pollution Abatement
00177 Safe Clean Water Program Funding Measure W
06111 West Vector Mosquito

Permit information for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA

Issued date Permit number Permit type Sub type Valuation Expire date Status
01/15/2026
01/13/2026
12/03/2025
11/20/2019
10/07/2019

*Most recent permits on record for this property.

More about Los Angeles County property records

Los Angeles residential market stats

Access a detailed real estate market overview of Los Angeles so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Los Angeles and compare it to other neighborhoods in Los Angeles.

Median sale price

$995,000

-3.7% Y-o-Y

Median price/sq. ft.

$650

-3.8% Y-o-Y

Los Angeles county median sale price

$870,000

-0.6% Y-o-Y

Check out recently sold homes in Los Angeles and see how their prices compare.

Demographics by ZIP code

Total population
38,994
Median age
36.2
Average household income
$90,287
Family households
48.1%
People per household (average)
2.16
Occupied housing units
17,942
Owner-occupied units
9.0%
Median year structure built
1973
Median value mortgaged units
$905,000
Median value unmortgaged units
$747,500

Risk

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FEMA flood zones

FEMA flood zones
X
Earthquake-induced liquefaction area
Landslides and liquefaction map

Fire hazard zones

Faults and tsunami inundation zones map
Seismic gas shut-off valve installed
Crime incidents map

Transportation

Daily traffic map

Access the detailed traffic volume map for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Frequently asked questions

What is the year built for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020?

The development at Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 was built in 1930.

What is the total square footage of Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020?

Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 has a total of 42,528 square feet.

When was Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 last sold and what was the sale price?

Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 was last sold on 03/04/2022 for $12,600,000.

What is the assessed value of Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020?

Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 is currently assessed at $13,674,246.

What are the property taxes for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020?

The property taxes for Serrano Towers - 511 South Serrano Avenue, Los Angeles, CA 90020 total $162,367.

How many residential units does this building have?

This building has 58 residential unit(s).

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