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    540 S Serrano Ave

    Los Angeles, CA 90020
    • $3,300,000
    • STATUS: Active
    • ON SITE: 3 days
    • ID#: 20-633878
    New On Site 3 Days Ago
    UPDATED: 44 min ago
    $3,300,000
    • 16
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,979
      SQFT
    • $331
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:
    Area:

    School Ratings & Info

    Description

    The Serrano Apartments is a twelve-unit apartment building constructed in the 1950's on a prime street in the Koreatown area of Los Angeles. The property has an ideal unit mix consisting of eight apartments that are one- bedrooms with one-bathroom, two units that are two-bedrooms with one-bathroom, and two units that are two-bedrooms with two-bathrooms.The property has six tandem parking spaces that can accommodate twelve vehicles. Apartments are individually metered for gas and electricity. The property features steel casement windows in a two-story walk up constructed of wood-frame and stucco. The seller just completed the soft story retrofitting of the property.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T22:42:21.22. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.lydiagable.com/homes/110085038
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    540 S Serrano Ave Los Angeles, CA 90020

    • Price: $3,300,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: 20-633878
    16
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    9,979
    SQFT
    $331
    $/SQFT
    1956
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    The Serrano Apartments is a twelve-unit apartment building constructed in the 1950's on a prime street in the Koreatown area of Los Angeles. The property has an ideal unit mix consisting of eight apartments that are one- bedrooms with one-bathroom, two units that are two-bedrooms with one-bathroom, and two units that are two-bedrooms with two-bathrooms.The property has six tandem parking spaces that can accommodate twelve vehicles. Apartments are individually metered for gas and electricity. The property features steel casement windows in a two-story walk up constructed of wood-frame and stucco. The seller just completed the soft story retrofitting of the property.
    Exterior Features

    Lot Size Area 9014 Other Structures None Parking Garage Covered Parking Total Parking 12

    Interior Features

    Baths Total 16.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 714064 Gross Income 213444 Gross Operating Income 220238 Like Units1 8 Like Units2 2 Like Units3 2 Net Operating Income 137730.00 Number Of Buildings 1 Number Of Units 12 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 82508 Type Of Units 12 Year Built Source Vendor Enhanced Zoning Lar4

    Listing provided courtesy of Brent Sprenkle DRE#01290116 of Berkadia.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-20T22:42:21.22. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Lydia Gable Realty Group | Compass
    2945 Townsgate Road Suite 300
    Westlake Villiage CA, 91377