966 N Serrano Avenue, Los Angeles, CA 90029
966 N Serrano Avenue, Los Angeles, CA 90029
966 N Serrano Avenue, Los Angeles, CA 90029
966 N Serrano Avenue, Los Angeles, CA 90029
966 N Serrano Avenue, Los Angeles, CA 90029
966 N Serrano Avenue, Los Angeles, CA 90029
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$ 1,150,000
Est. payment | /mo

5 Beds

3,178 SqFt


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$ 1,150,000
Est. payment | /mo
Save

5 Beds

3,178 SqFt

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,178 sqft

Price per Sqft $361

MLS Listing ID CL26671913

Bedrooms 5

HOA Y/N No

Year Built 1956

Lot Size 6,007 Sqft

Acres 0.14

Property Sub-Type OTHER

Property Description

First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Forced Air, Natural Gas

Cooling No Air Conditioning

Fireplace No

Exterior

Total Parking Spaces 8

Building

New Construction No

Others

Tax ID 5535024011

Bridge MLS
Listed by Glenn Shelhamer • The Shelhamer Real Estate Group

Schools and Properties Nearby

Jenny Gui
Jenny Gui

Agent | License ID: 02080293

+1(415) 509-0907 | sweethomesbyjenny@gmail.com

Learn More About LPT Realty

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966 N Serrano Avenue