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966 N Serrano Ave

Los Angeles, CA 90029
  • $1,049,000
  • STATUS: Active
  • ON SITE: 11 Days
  • MLS #: 22-116923
UPDATED: 69 min ago
$1,049,000
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,178
    SQFT
  • $330
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1956
County:
Area:

School Ratings & Info

Description

Calling all investors! First time on the market in 35 years! We're thrilled to bring this well-maintained prime Hollywood triplex as the next addition to your investment portfolio. Did we mention the ADU potential? The soft-story garage conversion is possible which would turn this into a 4 unit property? More good news, two of the units are vacating so you'll immediately grab market rents. The current unit mix is 2 units are 2 bed 1.5 baths and the 3rd unit above the garage is a 1 bed 1 bath. Plenty of recent updates including plumbing, newer roof, newer sewer line, the ADU potential with the garage conversion, and so much more. The neighborhood is on the upswing in highly desirable Hollywood/East Hollywood. You're just a stone's throw away from the Los Feliz and Silverlake trendy shops and nightlife or a short ride to the sandy beaches. With the new developments in Hollywood, the rental market will remain strong. Don't miss out on this one. It won't last.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-22T17:42:39.253. 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/124587512
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966 N Serrano Ave Los Angeles, CA 90029

  • Price: $1,049,000
  • Status: Active
  • On Site: 11 Days
  • Updated: 69 min ago
  • MLS #: 22-116923
5
Beds
0
Baths
0
½ Baths
0.14
Acres
3,178
SQFT
$330
$/SQFT
1956
Built
Neighborhood:
Hollywood
County:
Los Angeles
Area:
Hollywood
Property Description
Calling all investors! First time on the market in 35 years! We're thrilled to bring this well-maintained prime Hollywood triplex as the next addition to your investment portfolio. Did we mention the ADU potential? The soft-story garage conversion is possible which would turn this into a 4 unit property? More good news, two of the units are vacating so you'll immediately grab market rents. The current unit mix is 2 units are 2 bed 1.5 baths and the 3rd unit above the garage is a 1 bed 1 bath. Plenty of recent updates including plumbing, newer roof, newer sewer line, the ADU potential with the garage conversion, and so much more. The neighborhood is on the upswing in highly desirable Hollywood/East Hollywood. You're just a stone's throw away from the Los Feliz and Silverlake trendy shops and nightlife or a short ride to the sandy beaches. With the new developments in Hollywood, the rental market will remain strong. Don't miss out on this one. It won't last.
Exterior Features

Lot Size Area 6007 Other Structures None Parking Garage Garage Total Parking 0

Interior Features

Baths Total 3.00 Cooling None Equipment Other Heating Central

Property Features

Assessed Total Value 324821 Gross Income 0 Gross Operating Income 17613 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 163.00 Number Of Buildings 2 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 17450 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard1.5

Listing provided courtesy of Todd Pivetti DRE# of The Shelhamer Real Estate Group.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-01-22T17:42:39.253. 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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