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24-Unit Apartment Building
For Sale
$3,900,000
Pending

1000 N Serrano Ave, Los Angeles, CA 90029

Residential Income, Los Angeles, CA

Property Size13,716 SF
Lot Size0.13 Acres
Days on Market777

Property Features for 1000 N Serrano Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LARD1.5
Bedrooms 24
Bathrooms 24
Full bathrooms 1
Rooms Bedroom 1, Bathroom 16, Bedroom 12, Bedroom 24, Bedroom 9, Bathroom 2, Bathroom 10, Bathroom 18, Bedroom 13, Bedroom 4, Bedroom 19, Bathroom 7, Bedroom 18, Bedroom 6, Bedroom 14, Bathroom 4, Bathroom 5, Bedroom 16, Bathroom 17, Bedroom 21, Bathroom 8, Bathroom 6, Bathroom 11, Bathroom 13, Bedroom 10, Bedroom 15, Bathroom 15, Bathroom 19, Bathroom 21, Bathroom 22, Bathroom 24, Bedroom 20, Bedroom 11, Bedroom 17, Bathroom 3, Bathroom 14, Bedroom 8, Bedroom 23, Bathroom 9, Bedroom 5, Bathroom 1, Bedroom 7, Bedroom 2, Bathroom 23, Bathroom 20, Bathroom 12, Bedroom 22, Bedroom 3
Directions Located 1 block south of Santa Monica Blvd, the property is 1 mile from the Western/Hollywood Metro Station and near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, KTLA, and more.
Subdivision Hollywood
Standard status Pending
APN 5536-026-003
Size 13,716 SF
Lot size 0.13 Acres

Utilities

Cooling system Window Unit(s)

Amenities

gated entry
community laundry room

Building Details

Year built 1923
Floors in Building 3
Number of units 24
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Added: Jul 30, 2024 Changed: Sep 14 Last Checked: Sep 14 at 10:06AM
MLS# 24-421525

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1923, this 13,716-square-foot apartment property contains 24 one-bedroom units across three stories. The 0.125-acre site includes gated entry and a community laundry room, with window-unit cooling serving the property. Zoning is LARD1.5.

The property is located at 1000 N Serrano Ave in Los Angeles, near Sunset Boulevard and Hollywood Boulevard. Sunset Gower Studios, Paramount Studios, Netflix, and retail, cafes, and restaurants along Sunset Boulevard are nearby. The Hollywood/Western Metro Red Line Station is 1 mile north, and the 101 Freeway is also accessible. The apartment building may be acquired individually or within a five-property portfolio spanning Melrose Hill and Westlake.

Key Highlights

  • 13,716 SF, three‑story apartment property
  • 24 one‑bedroom units
  • Built in 1923 on a 0.125‑acre site

Property Analytics

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Current Use

Monsuier Merliano (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Real Estate Agency Tanning Salon Veterinary Clinic Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,080
Businesses Nearby

Demographics for 90029, CA

34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story multifamily property with gated access, community laundry, and proximity to Hollywood-area studios, retail, dining, and transit.
Where is this apartment building located?
The property is located at 1000 N Serrano Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 13,716 SF, three‑story apartment property; 24 one‑bedroom units; Built in 1923 on a 0.125‑acre site
More about this property
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