Triplex with New Rear
New
For Sale
$1,200,000
211 N Serrano, Los Angeles, CA 90004
Three residences combine historic character with recently completed construction and established occupancy.
Property Size2,749 SF
Lot Size0.15 Acres
Price / SF$436.52
Days on Market3
Property Features for 211 N Serrano
General Information
Standard status
Active
Size
2,749 SF
Lot size
0.15 Acres
Property subtype
MULTI_FAMILY
Occupancy
100%
Financials
Cap Rate
5.68%
Gross Income
$95,160
Site & Location
Neighborhood
Koreatown
Additional Details
Multifamily Units
3
Tenant in Place
Yes
Building Details
Building Size
2,749 SF
Year Built
2024
Buildings
2
Listing Agency:
Keller Williams R. E. Services
Listed By:
Kirk Garabedian · License #01216376
(818) 588-0072
Source:
Carolinakramer
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 10:29AM
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 Keller Williams R. E. Services
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Investment Insights
Based on property information with market context.
This Los Angeles triplex contains three residences with a combined 2,749 square feet of living area, five bedrooms, and five bathrooms. The property occupies a 6,564-square-foot lot and pairs a 1919 front residence with a two-story rear building completed in 2024. All three units are occupied. The property has a stated current capitalization rate of 5.68% and a projected rate of 6.34% at market rents; the projected rental income growth is 8.4% under the stated operating assumptions.
The property is on N. Serrano Avenue, with Larchmont Village, Hancock Park, Koreatown, and Hollywood identified as nearby areas. The surrounding context includes historic homes, established multifamily buildings, and newer residential development.
The property is on N. Serrano Avenue, with Larchmont Village, Hancock Park, Koreatown, and Hollywood identified as nearby areas. The surrounding context includes historic homes, established multifamily buildings, and newer residential development.
Key Highlights
- Three residential units on a 6,564‑square‑foot lot
- 2,749 square feet of living area, with five bedrooms and five bathrooms
- 1919 front residence paired with a two‑story rear building completed in 2024
Property Analytics
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Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,848
Businesses Nearby
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Business Placement
Demographics for 90004, CA
58,585
Population
26,046
Households
2.2
Avg Household Size
37
Median Age
40%
College-Educated
78%
High-School Grad
3.1 sq mi
ZIP Area
18,898
Density / Sq Mi
$62,655
Median Household Income
$39,359
Median Earnings
$1,752
Median Rent
$1,457,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three residences combine historic character with recently completed construction and established occupancy.
Where is this triplex located?
The property is located at 211 N Serrano Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three residential units on a 6,564‑square‑foot lot; 2,749 square feet of living area, with five bedrooms and five bathrooms; 1919 front residence paired with a two‑story rear building completed in 2024
