1157 S Serrano Ave , #8

    Los Angeles, CA 90006
    • $1,829,000
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 20-557702
    UPDATED: 77 min ago
    $1,829,000
    • 10
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,334
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:
    Area:

    School Ratings & Info

    Description

    8 Unit Apts is located Great Location in Korea Town with R4 Zoning Tier 3. Unit mix of 3 for 2 bedroom/1 bathroom units, 4 for1 bedroom/1 bathroom units, and 1 studio/1 bathroom. Many of the units have been tastefully remodeled keeping with the mid-century feel. Additionally, the building has gated parking, individual storage, with balconies in some of the units. With an excellent walk score of 82, this asset is in Koreatown and Wilton Place Park is the most exciting place. In addition to existing popular attractions, more than 50 new development projects are rapidly emerging in Koreatown, giving new life to this culturally-rich pocket of Los Angeles. A few of these projects include the following; an old post office on Harvard and 6th being replaced with 200 hotel rooms, 44 apartments, and 18,000 square feet of commercial space; the Vermont Corridor mixed-use project with housing, government offices, retail space, and a community center; and a 31-story tower on Wilshire and Benton,

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-04T19:42:20.183. 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.jelmbergteam.com/homes/103512329

    1157 S Serrano Ave , #8 Los Angeles, CA 90006

    • Price: $1,829,000
    • Status: Active
    • Updated: 77 min ago
    • MLS #: 20-557702
    10
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,334
    SQFT
    $289
    $/SQFT
    1964
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    8 Unit Apts is located Great Location in Korea Town with R4 Zoning Tier 3. Unit mix of 3 for 2 bedroom/1 bathroom units, 4 for1 bedroom/1 bathroom units, and 1 studio/1 bathroom. Many of the units have been tastefully remodeled keeping with the mid-century feel. Additionally, the building has gated parking, individual storage, with balconies in some of the units. With an excellent walk score of 82, this asset is in Koreatown and Wilton Place Park is the most exciting place. In addition to existing popular attractions, more than 50 new development projects are rapidly emerging in Koreatown, giving new life to this culturally-rich pocket of Los Angeles. A few of these projects include the following; an old post office on Harvard and 6th being replaced with 200 hotel rooms, 44 apartments, and 18,000 square feet of commercial space; the Vermont Corridor mixed-use project with housing, government offices, retail space, and a community center; and a 31-story tower on Wilshire and Benton,
    Exterior Features

    Lot Size Area 6214 Other Structures Other Parking Garage Assigned Pool YN No Tennis YN No Total Parking 7

    Interior Features

    Baths Total 8.00 Cooling Other Den No Dining Room No Equipment Other Family Room No Heating Other

    Property Features

    Gross Income 0 Gross Operating Income 113904 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Like Units6 6 Net Operating Income 75748.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 38160 Type Of Units Apartment Zoning Lar4

    Listing provided courtesy of Eui Chang DRE#01722361 of Masters Realty Group.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-04-04T19:42:20.183. 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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