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$ 895,000
Est. payment /mo
New
857 Serrano PL Los Angeles, CA 90029
3 Beds
4 Baths
1,956 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $457
MLS Listing ID 25531939
Bedrooms 3
HOA Y/N No
Year Built 1927
Lot Size 4,748 Sqft
Property Description
Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR1
Interior
Heating Wall Furnace
Fireplace No
Exterior
Parking Features Door-Multi, Garage
Attached Garage No
Total Parking Spaces 4
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5535027009
Special Listing Condition Standard
Listed by Armin Soleimani • Global Platinum Properties, Inc.