556 N Serrano Avenue,  Los Angeles CA, 90004 (Residential Income)

5,270 sqft
Status: Active
MLS#: 16165864
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Last Updated: 12/7/2016 6:40 PM
Description for 556 N Serrano Avenue Los Angeles, CA 90004
We are pleased to present this charming five-unit property in the heart of one of the most desirable neighborhoods in Los Angeles, Koreatown. The two-story building and separate single family home sits on a 7,497 square foot lot. The property features four large one-bedroom/one-bathroom units and one 1,400+ square foot two-bedroom / one-bathroom single family home. The subject property offers investors the opportunity to acquire an asset with a stable operating history and tremendous upside in rents. Each unit is separately metered for gas and electricity.
Price
$1,275,000
Los Angeles
5,270 (approx)
16165864
Active
Description
We are pleased to present this charming five-unit property in the heart of one of the most desirable neighborhoods in Los Angeles, Koreatown. The two-story building and separate single family home sits on a 7,497 square foot lot. The property features four large one-bedroom/one-bathroom units and one 1,400+ square foot two-bedroom / one-bathroom single family home. The subject property offers investors the opportunity to acquire an asset with a stable operating history and tremendous upside in rents. Each unit is separately metered for gas and electricity.
Listing Information
Property Type: Cluster, Other
0.17 Acres 749,900 sq.ft. 5,270 (approx)
$241.94 1912
5 Total
Neighborhood
Room Information
No Laundry Facility
Interior Features
None
Exterior / Lot Features
LAR3
Driving Directions
The property is located on North Serrano Avenue just south of Melrose Avenue and North of Maplewood Avenue and is within less than a mile of the Red Line which provides easy access to Downtown, Hollywood, and the surrounding Koreatown area.
Financial Considerations
5521012001
,$20,605
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90004 has a population of 3,804,503.

The median household income in Los Angeles, California 90004 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90004 is 34.1 years.

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Courtesy: Marcus & Millichap Yohann Bensimon
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Information is deemed reliable but is not guaranteed.

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