This Multifamily Property is no longer advertised on LoopNet.com.
238 S Serrano Ave
Los Angeles, CA 90004
Multifamily Property For Sale · 51 Units
![238 S Serrano Ave, Los Angeles, CA for sale - Building Photo - Image 1 of 1](https://images1.loopnet.com/i2/Qtob8fPvDweOCYoTkRmiM8Fpn1wNBbKF0-hIKzvZ6dY/110/238-S-Serrano-Ave-Los-Angeles-CA-Building-Photo-1-Large.jpg)
INVESTMENT HIGHLIGHTS
- Well-kept multi-family investment opportunity in prime Koreatown, adjacent to Hancock Park
- Walker's Paradise: Outstanding WalkScore of 97
- Great value-add opportunity with 32% income upside potential
- 41 garage parking spaces
PROPERTY FACTS
No. Units | 51 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.41 AC |
Building Size | 27,252 SF |
Average Occupancy | 80% |
No. Stories | 3 |
Year Built | 1972 |
Parking Ratio | 1.5/1,000 SF |
UNIT AMENITIES
- Heating
- Kitchen
- Range
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
Studios | 23 | - | 375 |
1+1 | 27 | - | 500 |
2+2 | 1 | - | 950 - 1,000 |
LINKS
PROPERTY TAXES
Parcel Number | 5517-013-026 | Improvements Assessment | $4,896,000 |
Land Assessment | $5,100,000 | Total Assessment | $9,996,000 |
ZONING
Zoning Code | LAR3-1 |
Learn More About Investing in Apartment Buildings
Listing ID: 30066076
Date on Market: 11/15/2023
Last Updated:
Address: 238 S Serrano Ave, Los Angeles, CA 90004
The East Hollywood/Silver Lake Multifamily Property at 238 S Serrano Ave, Los Angeles, CA 90004 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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