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1537 N Serrano Ave N Los Angeles, CA 90027

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For Sale
$3,600,000

Eight upgraded Craftsman homes on a large lot in Hollywood.

Lot size:
0.37 Acres

Property Features for 1537 N Serrano Ave N

General Information

Property type
Investment
Standard status
Active
Lot size
0.37 Acres

Building Details

Year built
1919

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Listing Contact
Vic Deirmendjian
Source: Elliman

Listing Agency: Vic J. Diermendjian Listing Agent: Vic Deirmendjian

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

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Overview

Hollywood Craftsman Homes on TOC Lot

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.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Los Angeles
County
Los Angeles
State
California
Longitude
-118.30719
Latitude
34.09923

FAQs

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 $3,600,000.
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.
More about this property
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