1537 N Serrano Avenue N, Los Angeles, CA 90027
- $3,250,000
- List Price
- $3,250,000
- Price Change
- ▼ $350,000 1776805673
- Status
- ACTIVE
- MLS#
- SR25271090
- Year Built
- 1919
- Lot Size
- 15,923
- Acres
- 0.37
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 234
- Property Type
- Multifamily
- Style
- Bungalow, Custom, See Remarks
- Property Sub Type
- Mixed Use
- Stories
- One Level
Property Description
Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes. Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues. Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement. All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Additional Information
- Appliances
- Gas Range, Water Heater
- Pool Description
- None
- Fireplace Description
- Bath, Electric, Gas, Kitchen, Living Room, Outside
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Granite Counters
- Attached Structure
- Detached
- Number Of Units Total
- 8
- Gross Scheduled Income
- $196,690
- Operating Expense
- 29460
Listing courtesy of Listing Agent: Vic Deirmendjian (realtransactions2019@gmail.com) from Listing Office: Vic J. Diermendjian.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.