857 Serrano PL Active

Los Angeles,CA 90029

$ 895000

3 Beds

4 Baths

1956 SqFt


Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,956 sqft

Price per Sqft $457

MLS Listing ID 25531939

Bedrooms 3

HOA Y/N No

Year Built 1927

Lot Size 4,748 Sqft

Property Description

Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR1

Interior

Heating Wall Furnace

Fireplace No

Exterior

Parking Features Door-Multi,Garage

Total Parking Spaces 4

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5535027009

Special Listing Condition Standard

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