Vacant Three-Unit
1028 S Serrano Ave, Los Angeles, CA 90006
For Sale
New
$800,000
Residential Income, Los Angeles, CA
Property Size1,441 SF
Lot Size0.14 Acres
Price / SF$555.17
Days on Market1
Property Features for 1028 S Serrano Ave
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Directions
Subdivision
Special listing conditions
Standard status
APN
Size
Lot size
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Kevin Danialifar · License CA #01904911
(310) 598-0011
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26108211
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.
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Investment Insights
Based on property information with market context.
This 1924 triplex contains three vacant units and 1,441 square feet of building area on a 0.1426-acre lot. The property has driveway parking and is zoned LAR4. The units require renovation, offering a chance to update the existing configuration.
Located at 1028 S Serrano Ave in Los Angeles, the property is near transit and dining, with other major Los Angeles amenities nearby.
Located at 1028 S Serrano Ave in Los Angeles, the property is near transit and dining, with other major Los Angeles amenities nearby.
Key Highlights
- Three vacant units in a 1,441‑square‑foot triplex
- 0.1426‑acre lot
- Built in 1924; zoned LAR4
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,165
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,300
$503.3K
Cap Rate 7%
$359,500
$359.5K
Cap Rate 9%
$279,611
$279.6K
Market Conditions
NOI Build-Up for 1,441 SF
Gross rent
$38.9K $27.00/SF
− Vacancy
−$3.0K −$2.05/SF
EGI
$36.0K $24.95/SF
− OpEx
−$10.8K −$7.48/SF
NOI
$25.2K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,300
Cap Rate 7%
$359,500
Cap Rate 9%
$279,611
Alternative Uses
Best Use
Multifamily LT 5
$359.5K
$314.6K – $419.4K
NOI $25,165 @ 7.0% cap · market cap 3.15%
Second Best
Apartment 5plus
$331.2K
$289.8K – $386.5K
NOI $23,187 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$601.6K
$526.4K – $701.9K
NOI $42,114 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
3,427
Businesses Nearby
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Business Placement
Demographics for 90006, CA
58,229
Population
21,475
Households
2.7
Avg Household Size
36
Median Age
22%
College-Educated
63%
High-School Grad
1.9 sq mi
ZIP Area
30,647
Density / Sq Mi
$49,847
Median Household Income
$31,645
Median Earnings
$1,396
Median Rent
$841,900
Median Home Value
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Market
Average Price Trend$/SF for Triplexes in Los Angeles, CA
Properties on Market for Triplexes in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three unoccupied units provide a renovation opportunity, with driveway parking and LAR4 zoning in Los Angeles.
Where is this triplex located?
The property is located at 1028 S Serrano Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Three vacant units in a 1,441‑square‑foot triplex; 0.1426‑acre lot; Built in 1924; zoned LAR4
