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    857 Serrano Pl Los Angeles, CA 90029

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    For Sale
    $895,000

    Four units with income potential in the Hollywood Studio District.

    Property size:
    1,956 SF
    Lot size:
    0.11 Acres

    Property Features for 857 Serrano Pl

    General Information

    Size
    1,956 SF
    Lot size
    0.11 Acres

    Building Details

    Year built
    1927

    Source: Keller Williams Realty Larchmont Agent Armin Soleimani

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Four-Unit Property in Melrose Hill

    This four-unit property offers 1,956 square feet of living space on a 4,727 square foot lot. Located in Melrose Hill within the Hollywood Studio District, the property offers views of the neighborhood and Hollywood. One unit can be delivered vacant. There is space to add one additional dwelling unit (ADU) in the backyard. The existing four units are occupied by long-term tenants with below-market rental rates, offering an opportunity for rent increases. Some units have been renovated. This property is an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -118.30704
    Latitude
    34.08569

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    FAQs

    What type of property is this?
    Quadplex - Four units with income potential in the Hollywood Studio District.
    Where is this quadplex located?
    The property is located at 857 Serrano Pl Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - One unit delivered vacant, offering immediate occupancy or rental income potential.; - Potential to add 1 ADU in the backyard for increased rental income.; - Below-market rents offer significant opportunity for increased rental income.
    (424) 394-1030
    Request Owner's contact information
    857 Serrano Pl Los Angeles, CA 90029
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    Los Angeles, CA 90029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    857 Serrano Pl Los Angeles, CA 90029
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