1000 N Serrano Ave, Los Angeles, CA 90029

Building Details

Year Built

1923

Listing office Compass m**@kennystevensteam.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

The property at 1000 N. Serrano Ave is a 13,716 square foot, three-story complex featuring 24 one-bedroom units. This property is presented as a value-add opportunity with approximately 52% rental upside compared to renovated units in the area. The property is located minutes from the heart of Hollywood, just south of Santa Monica Boulevard, near several large-scale production studios including Sunset Gower Studios, Paramount Studios, and Netflix, as well as an array of retailers, cafes, and restaurants along Sunset Boulevard. It is also located one mile south of the Hollywood/Western Metro Red Line Station and close to major thoroughfares including Sunset Boulevard, Hollywood Boulevard, and the 101 Freeway. Property amenities include a gated entry and a community laundry room. The intended use of the property is as a residential income property. The property can be purchased individually or as part of a five-property portfolio in Melrose Hill and Westlake.

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Los Angeles

County

Los Angeles

State

California

Longitude

-118.30627

Latitude

34.08869

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FAQs

What type of property is this?

Apartment building - Value-add multifamily property near Hollywood with significant rental upside.

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: Significant rental upside of approximately 52% compared to renovated units.; High potential stabilized CAP rate of 12.53% and GRM of 5.68 at projected market rents.; Prime location minutes from Hollywood, near major production studios and Sunset Blvd amenities.