857 Serrano Pl new 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
Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock 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