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334 N Serrano Ave

Los Angeles, CA 90004
  • $1,225,000
  • STATUS: Active
  • ON SITE: 6 Days
  • ID#: 22-117245
New On Site 6 Days Ago
UPDATED: 21 min ago
$1,225,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,382
    SQFT
  • $514
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1927
County:
Area:

School Ratings & Info

School District:

Description

334 N Serrano Ave is a rare and unique opportunity to develop lucrative income units surrounded by a fast-growing, multi-culture rich, and vibrant neighborhood where the Korean community meets Hollywood studios. Strong rent growth and positive market momentum in a dynamic area provide a fantastic opportunity for an investor/ developer to acquire and build a dream contemporary income property. Public record shows 3 bedrooms 2 baths but Property has 5 bedrooms 4 baths.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T14:42:44.79. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.brandiprattrealestate.com/homes/124616077
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334 N Serrano Ave Los Angeles, CA 90004

  • Price: $1,225,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 21 min ago
  • ID#: 22-117245
3
Beds
0
Baths
0
½ Baths
0.14
Acres
2,382
SQFT
$514
$/SQFT
1927
Built
Neighborhood:
Mid-Wilshire
County:
Los Angeles
Area:
Mid-Wilshire
School District:
Los Angeles Unified
Property Description
334 N Serrano Ave is a rare and unique opportunity to develop lucrative income units surrounded by a fast-growing, multi-culture rich, and vibrant neighborhood where the Korean community meets Hollywood studios. Strong rent growth and positive market momentum in a dynamic area provide a fantastic opportunity for an investor/ developer to acquire and build a dream contemporary income property. Public record shows 3 bedrooms 2 baths but Property has 5 bedrooms 4 baths.
Exterior Features

Lot Size Area 5939 Other Structures None Parking Garage Driveway Patio Features None Pool Description None Pool YN No Spa None Spa YN No Style Craftsman Tennis Court None Total Parking 2 View Description City Lights View YN Yes Water Frontage None

Interior Features

Baths Total 2.00 Common Walls Attached Cooling Air Conditioning Equipment DryerWasherBarbequeRefrigeratorMicrowave Fireplace Rooms None Heating Wall Gas

Property Features

Assessed Total Value 369855 Gross Income 43308 Gross Operating Income 43308 Land Lease Type Fee Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 36423.00 Number Of Buildings 2 Number Of Units 4 Property Condition Fixer Rent Control YN Yes Sale Type Standard Security Features Gated Sewer In Connected And Paid Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 6884 TVServices Cable Tv Type Of Units Multi-Family Water District Water Heaters YN Yes Year Built Source Assessor Zoning Lar3

Listing provided courtesy of Paul Yoo DRE#01274972 of Keller Williams Larchmont.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-17T14:42:44.79. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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eXp Realty of California, Inc.
2603 Camino Ramon, Suite 200
San Ramon CA, 94583