Hollywood Craftsman Homes on TOC
For Sale
$3,250,000
1537 N Serrano Ave N, Los Angeles, CA 90027
Eight upgraded Craftsman homes on a large lot in Hollywood.
Property Size5,952 SF
Lot Size0.37 Acres
Days on Market152
Property Features for 1537 N Serrano Ave N
General Information
Standard status
Active
Size
5,952 SF
Lot size
0.37 Acres
Property subtype
Investment
Building Details
Building Size
5,952 SF
Year Built
1919
Stories
1
Units
8
Listing Agency:
Vic J. Diermendjian
(818) 519-6755
Listed By:
Vic Deirmendjian · License #00599219
Source:
Elliman
Added: Mar 10
Changed: Aug 8
Last Checked: Aug 8 at 1:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Vic J. Diermendjian
Investment Insights
Based on property information with market context.
Located in Hollywood's entertainment and lifestyle neighborhood, this property features eight Craftsman homes situated on a large lot of approximately 16,000 sq. ft. The homes are set within a garden environment with mature trees. Each home has been upgraded with granite countertops while retaining the character of the Arts and Crafts design, including built-in cabinets, hardwood floors, a front porch, a side yard, and space for a personal garden. The property is within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks, and other retail stores and restaurants. It is also close to Netflix offices, KTTV, Paramount Studios, KTLA, and other entertainment venues. The property has the potential for developing a three-story, multifamily project due to its large lot size. The property generates a gross income of $196,690 per annum.
Key Highlights
- Rare, large approximately 16,000 sq. ft. TOC lot in Hollywood.
- Eight charming Craftsman homes with upgraded granite countertops and original Arts and Crafts design features.
- Strong gross income of $196,690 per annum during entitlement.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,443
Businesses Nearby
Explore this area
Business Placement
Demographics for 90027, CA
44,471
Population
24,267
Households
1.8
Avg Household Size
39
Median Age
58%
College-Educated
92%
High-School Grad
8.1 sq mi
ZIP Area
5,490
Density / Sq Mi
$90,532
Median Household Income
$53,526
Median Earnings
$1,904
Median Rent
$1,747,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight upgraded Craftsman homes on a large lot in Hollywood.
Where is this apartment building located?
The property is located at 1537 N Serrano Ave N Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Rare, large approximately 16,000 sq. ft. TOC lot in Hollywood.; Eight charming Craftsman homes with upgraded granite countertops and original Arts and Crafts design features.; Strong gross income of $196,690 per annum during entitlement.
