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Listed by Vic Deirmendjian, DRE #00599219 • Vic J. Diermendjian
$ 3,600,000
Est. payment /mo
Price Dropped by $200K
1537 N Serrano AVE Los Angeles, CA 90027
0.37 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25271090
Style Custom,Other,Bungalow
Year Built 1919
Lot Size 0.366 Acres
Source California Regional MLS
Property Description
Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes. Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues. Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement. All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Rooms
Kitchen Oven Range - Gas
Interior
Laundry Other
Exterior
Pool None
Building
Story One Story
Water Hot Water, District - Public
Architectural Style Custom, Other, Bungalow
Others
Tax ID 5544022016
Special Listing Condition Not Applicable
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