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    553 N Serrano Avenue

    Los Angeles (City), CA 90004
    • $1,295,000
    • STATUS: Active
    • ON SITE: 59 days
    • ID#: 20591920
    UPDATED: 179 min ago
    $1,295,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION! Future development plays NEW OWNER CAN BUILD 8UNITS. This is R3 ZONING. Near the southern edge of Hollywood, this amazing triplex is in the market. The lot has ample space for 7 parking spaces. The current unit mix with it is the high rental income potential location. This is ideal for investor or owner user. Located near a paramount picture studio, Larchmont Village, and K town.The city of Los Angeles permit record shows 3.144 SF, while the public record shows 2,948SF.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-15T00:27:04.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

    www.sellinglasouthbay.com/homes/106927103
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    553 N Serrano Avenue Los Angeles (City), CA 90004

    • Price: $1,295,000
    • Status: Active
    • Updated: 179 min ago
    • ID#: 20591920
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1909
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    LOCATION, LOCATION, LOCATION! Future development plays NEW OWNER CAN BUILD 8UNITS. This is R3 ZONING. Near the southern edge of Hollywood, this amazing triplex is in the market. The lot has ample space for 7 parking spaces. The current unit mix with it is the high rental income potential location. This is ideal for investor or owner user. Located near a paramount picture studio, Larchmont Village, and K town.The city of Los Angeles permit record shows 3.144 SF, while the public record shows 2,948SF.
    Exterior Features

    Direction Faces East Lot Size Units Square Feet Parking Features Detached Carport Parking YN Yes Pool Features None Pool Private YN No Spa Features None Spa YN No View City Lights View YN Yes

    Interior Features

    Appliances Disposal Appliances YN Yes Cooling Wall/Window Unit(S) Cooling YN Yes Flooring Laminate Levels Two

    Property Features

    Country Us Gross Income 84000.00 Gross Multiplier 15.40 Gross Operating Income 79800.00 Net Operating Income 62540.00 Security Features Gated CommunityCarbon Monoxide Detector(S) Senior Community YN No Special Listing Conditions Standard Total Expenses 21460.00 Vacancy Allowance Rate 1.00 Zoning Lar3

    Listing provided courtesy of Christine Oam of Action Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-08-15T00:27:04.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.

     
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    Wendy Rich-Soto and Associates | Keller Williams Realty, LA Harbor
    28901 S. Western Avenue #139
    Rancho Palos Verdes CA, 90731