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1362 N Serrano Ave

Sold

1362 N Serrano Ave

1362 North Serrano Avenue, Hollywood, CA 90027

$2,780,000

Property Description

Back on the Market! Located in the very HEART OF HOLLYWOOD, just blocks from the Hollywood and Western Subway Line, this 13-unit apartment building offers a multitude of development and commercial opportunities. Below-market rents present an OPPORTUNITY for an enterprising investor looking for an income property with considerable upside potential. The building was RETROFITTED in 2020 in accordance with the City of Los Angeles Ordinance 183893 and is compliant with all earthquake structural improvements. UPGRADE to full double-pane window replacement done in 2020. Brand new roof replaced in 2015. Plumbing replaced to copper in 2019. Most appliances are building owned. All units have been remodeled to include laminate floors and most units have upgraded bathrooms and kitchens. The building has been METICULOUSLY MAINTAINED providing the new owner with minimal deferred maintenance. PRIME LOCATION in the up-and-coming East Hollywood corridor with close access to the 101 Freeway and the subway B line, as well as major retailers like Target and Home Depot as well as top entertainment venues. ONE BLOCK from the new Netflix Offices on Serrano and several major employers including Kaiser Permanente and the Sunset and Gower Studios.

Overview

Property Status
Sold
Lot Size
8,712 Sq.Ft.
MLS ID
BB22183623
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Garage Spaces
9
Sales Price
$2,780,000

Downloads

1362 N Serrano Ave

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 1362 North Serrano Avenue, Hollywood, CA 90027

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Property Description

Back on the Market! Located in the very HEART OF HOLLYWOOD, just blocks from the Hollywood and Western Subway Line, this 13-unit apartment building offers a multitude of development and commercial opportunities. Below-market rents present an OPPORTUNITY for an enterprising investor looking for an income property with considerable upside potential. The building was RETROFITTED in 2020 in accordance with the City of Los Angeles Ordinance 183893 and is compliant with all earthquake structural improvements. UPGRADE to full double-pane window replacement done in 2020. Brand new roof replaced in 2015. Plumbing replaced to copper in 2019. Most appliances are building owned. All units have been remodeled to include laminate floors and most units have upgraded bathrooms and kitchens. The building has been METICULOUSLY MAINTAINED providing the new owner with minimal deferred maintenance. PRIME LOCATION in the up-and-coming East Hollywood corridor with close access to the 101 Freeway and the subway B line, as well as major retailers like Target and Home Depot as well as top entertainment venues. ONE BLOCK from the new Netflix Offices on Serrano and several major employers including Kaiser Permanente and the Sunset and Gower Studios.

Overview

Property Status
Sold
Lot Size
8,712 Sq.Ft.
MLS ID
BB22183623
Property Type
Multi-Family
Year Built
1958

Features & Amenities

Garage Spaces
9
Sales Price
$2,780,000

Downloads

1362 N Serrano Ave

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Enter a valid email

Thank you

for your interest in 1362 North Serrano Avenue, Hollywood, CA 90027

back to page
1362 N Serrano Ave
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  • CallTrevor Bergher

    License #02103899

    (310) 894-2191
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