1634 Serrano Ave, Los Angeles, CA 90027

4 Unit Apartment Building | $2,245,000 ($561,250/Unit) | Los Angeles, CA 90027

For Sale

Active

14 pictures

Asking Price $2,245,000

Property Type: Multifamily
Square Feet: 4,818 SF

Listing Contacts

Narine Zardarian

Property Overview

Four unit multi-family property in prime Los Angeles. This Hollywood location is a lucrative investment opportunity for developers to expand the unit count of this property. Property is in (Q)R4-2 Zoning, TOC Tier 4.
Property Address is 1634 N. Serrano Ave., Los Angeles, CA 90027, APN# 5544-020-016.
All four units are currently occupied. Please make offers subject to interior inspection. Unit composition and income is as follows:
1634 -3 Bedroom, 3 Ba - Rent $4,300
1634 1/2 - 1 Bed, 1 Ba - Rent $800
1636 - 1 Bed, 1 Ba - Rent $1,346
1636 1/2 - 1 Bed, 1 Ba - Rent $1,346
Total Gross income: $7,792/ month

Property Details

Class: C
Year Built: 1920
Stories: 2
Lot Size (sq. ft): 8,712 SF
Units: 4

Highlights

High Demand Rental Market
Development Opportunity

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