966 N Serrano Ave

Los Angeles, CA 90029
  • $1,150,000

    Price
  • 5

    Bed
  • 3

    Bath
  • 3,178

    SqFt

About the Listing CLW-X82551 - CLW-C115211,CLW-C136252

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.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 26671913
Year Built 1956
Total Square Footage 3,178
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other: Ceiling Fan(s)
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: 4 car
  • Parking Spaces: 8
  • Zoning: LARD1.5
  • Roof:
  • Others: 2+ Total Units
  • Sewer:
  • Parking Features: Covered,Door-Multi,Door-Single,Garage,Guest,Paved,One Space

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5535024011
  • Tax Year: N/A

Payment Calculator

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Questions About..

966 N Serrano Ave Los Angeles, CA 90029

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Originating MLS: CRMLS

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