Midrise Apartment Building with 41 Parking
For Sale
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238 S Serrano Ave, Los Angeles, CA 90004
Built in 1972, this 51-unit apartment building offers gated parking, secured entry, and on-site laundry.
Property Size27,252 SF
Lot Size0.41 Acres
Days on Market120
Property Features for 238 S Serrano Ave
General Information
Standard status
Active
Size
27,252 SF
Total Parking Spaces
41
Lot size
0.41 Acres
Property subtype
Multifamily
Zoning
LAR3-1
Additional Details
Multifamily Units
51
Amenities
secured entry
floor-to-ceiling windows
gated parking
on-site laundry facility
air conditioning
heating
vinyl flooring
family rooms
balconies
built-in bookshelves
Building Details
Year Built
1972
Tenancy
Multi
Listing Agency:
KW Commercial Los Feliz
(323) 300-1000
Listed By:
Matthew Kanner · License #CA 01349203
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 12:01PM
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 KW Commercial Los Feliz
Investment Insights
Based on property information with market context.
238 S Serrano Ave is a 51-unit apartment building built in 1972, offering a mix of 23 singles, 27 one-bedroom units, and 1 two-bedroom unit. The approximately 27,252-square-foot building is situated on an approximately 17,886-square-foot lot and is separately metered for gas and electric. Unit features include air conditioning and heat, tub/showers, garbage disposals, full kitchens with range ovens and refrigerators, and vinyl flooring, with select units also featuring built-in bookshelves and balconies. Some units have been renovated with new laminate wood flooring, reglazed countertops, and updated hardware.
The property includes a bright front lobby with secured entry and floor-to-ceiling windows, plus gated parking with 41 spaces for residents. An on-site laundry facility is also provided. Located in the Mid-Wilshire/Koreatown submarket of Los Angeles, the building is just east of Western Ave and north of 3rd St, approximately 0.7 miles from the Metro Purple Line Wilshire/Western station.
The property includes a bright front lobby with secured entry and floor-to-ceiling windows, plus gated parking with 41 spaces for residents. An on-site laundry facility is also provided. Located in the Mid-Wilshire/Koreatown submarket of Los Angeles, the building is just east of Western Ave and north of 3rd St, approximately 0.7 miles from the Metro Purple Line Wilshire/Western station.
Key Highlights
- Built in 1972, 238 S Serrano Ave is a 51‑unit apartment building with secured entry and a bright front lobby.
- Unit mix includes 23 singles, 27 (1+1), and 1 (2+2); units average approximately 534 gross SF.
- Gated parking provides 41 spaces for resident vehicle storage.
Property Analytics
Current Use
Lease Details
51
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,857
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1972, this 51-unit apartment building offers gated parking, secured entry, and on-site laundry.
Where is this apartment building located?
The property is located at 238 S Serrano Ave Los Angeles, CA.
What are key features of this property?
This property features: Built in 1972, 238 S Serrano Ave is a 51‑unit apartment building with secured entry and a bright front lobby.; Unit mix includes 23 singles, 27 (1+1), and 1 (2+2); units average approximately 534 gross SF.; Gated parking provides 41 spaces for resident vehicle storage.
