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Listed by Vic Deirmendjian • Vic J. Diermendjian
$ 3,800,000
Est. payment /mo
New
1537 N Serrano Avenue Los Angeles, CA 90027
5,952 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,952 sqft
Price per Sqft $638
MLS Listing ID CRSR25271090
HOA Y/N No
Year Built 1919
Lot Size 0.366 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes. Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues. Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement. All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Inside
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