1157 S Serrano Avenue

    Los Angeles (City), CA 90006
    • $1,829,000
    • STATUS: Active
    • ON SITE: 32 days
    • ID#: 20557702
    UPDATED: 59 min ago
    $1,829,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Ratings & Info

    Description

    8 Unit Apts is located Great Location in Korea Town with R4 Zoning Tier 3. Unit mix of 3 for 2 bedroom/1 bathroom units, 4 for1 bedroom/1 bathroom units, and 1 studio/1 bathroom. Many of the units have been tastefully remodeled keeping with the mid-century feel. Additionally, the building has gated parking, individual storage, with balconies in some of the units. With an excellent walk score of 82, this asset is in Koreatown and Wilton Place Park is the most exciting place. In addition to existing popular attractions, more than 50 new development projects are rapidly emerging in Koreatown, giving new life to this culturally-rich pocket of Los Angeles. A few of these projects include the following; an old post office on Harvard and 6th being replaced with 200 hotel rooms, 44 apartments, and 18,000 square feet of commercial space; the Vermont Corridor mixed-use project with housing, government offices, retail space, and a community center; and a 31-story tower on Wilshire and Benton,

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T19:27:47.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/103512643

    1157 S Serrano Avenue Los Angeles (City), CA 90006

    • Price: $1,829,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 20557702
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1964
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    8 Unit Apts is located Great Location in Korea Town with R4 Zoning Tier 3. Unit mix of 3 for 2 bedroom/1 bathroom units, 4 for1 bedroom/1 bathroom units, and 1 studio/1 bathroom. Many of the units have been tastefully remodeled keeping with the mid-century feel. Additionally, the building has gated parking, individual storage, with balconies in some of the units. With an excellent walk score of 82, this asset is in Koreatown and Wilton Place Park is the most exciting place. In addition to existing popular attractions, more than 50 new development projects are rapidly emerging in Koreatown, giving new life to this culturally-rich pocket of Los Angeles. A few of these projects include the following; an old post office on Harvard and 6th being replaced with 200 hotel rooms, 44 apartments, and 18,000 square feet of commercial space; the Vermont Corridor mixed-use project with housing, government offices, retail space, and a community center; and a 31-story tower on Wilshire and Benton,
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Property Features

    Gross Income 0.00 Gross Multiplier 15.80 Gross Operating Income 113904.00 Net Operating Income 75748.00 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0.00 Zoning Lar4

    Listing provided courtesy of Eui Chang of Masters Realty Group


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-03-29T19:27:47.297. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003