1157 S Serrano Ave, Los Angeles, CA 90006

Unit Mix- The Subject property comprises of a total of 6,334 rentable square feet and a unit mix consisting of five one-bedroom / one bathroom, two two-bedroom / one bathroom, and one Bachelor unit. On-Site Parking - On-site parking for 6 cars is available at the rear of the property accessible on 12th St. Two additional secured spaces are located on 12th separated from the rear lot for a total of eight parking spaces. This property requires a soft-story parking retrofit. Communal Laundry Facilities -All tenants have access to communal laundry machines which are located on-site. Upside in Rents -The property is subject to Los Angeles City Rent Control. There is approximately 54% upside in rents. A number of units are currently due increase. Attractive Purchase Financing -New financing is available. Please call listing agent for more details.