Located in prime Hollywood, CA, this 12-unit apartment building was built in 1923, consists of combinations of four studios units, four one-bedroom, and four two-bedroom, all include one bathroom. The building features a security gate entrance and an open courtyard. Sitting on a 17,962 square foot lot, with over 60% upside, 946 N Serrano Avenue offers investors a rare value add opportunity in the heart of Tinseltown. ---- Situated just south of Hollywood Boulevard, the property is in close proximity to many restaurants, cafes, coffee shops, boutiques, and nightlife. This location provides tenants easy access to surrounding areas including Larchmont Village, Miracle Mile, Koreatown, Dodger Stadium, Downtown, and Chinatown. Additionally, the building is conveniently located near the 110, 10, 5, and 60 Freeways. This area in Hollywood is an extremely desirable and an entertainment hub with major production studios in close proximity.
Off market
$2,345,300
946 N Serrano Ave, Los Angeles, CA 90029
12beds
12baths
8,634sqft
MultiFamily
Built in 1923
-- sqft lot
$2,345,300 Zestimate®
$272/sqft
$2,110 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Cooling
- Other
Interior area
- Total interior livable area: 8,634 sqft
Property
Parking
- Total spaces: 8
Lot
- Size: 0.41 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Community & neighborhood
Security
- Security features: Gated
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- Equipment: Other
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
- ParkingGarage: Tandem
- SourceLivingArea: Other
- ListingArea: Hollywood
- Style: Bungalow
- SecurityFeatures: Gated
- Country: US
- UnitTypeType: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
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Estimated market value
$2,345,300