857 Serrano Pl Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90029
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,956 sqft
Price per Sqft $457
MLS Listing ID 25531939
Bedrooms 3
Year Built 1927
Lot Size 4,748 Sqft
Acres 0.109
Property Sub-Type Multi-Family
Property Description
Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.
Location
State CA
County Los Angeles
Area Hollywood
Zoning LAR1
Rooms
Other Rooms None
Interior
Heating Wall
Cooling Ceiling Fan
Equipment None
Exterior
Parking Features Detached, Garage - 3 Car
Garage Spaces 4.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard