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Active Under Contract
966 N Serrano AVE Los Angeles, CA 90029
4 Beds
2 Baths
3,178 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,178 sqft
Price per Sqft $361
MLS Listing ID 26671913
Bedrooms 4
HOA Y/N No
Year Built 1956
Lot Size 6,006 Sqft
Property Description
First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Exterior
Parking Features Covered, Door-Multi, Door-Single, Garage, Guest, Paved, One Space
Garage Spaces 4.0
Garage Description 4.0
Total Parking Spaces 8
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5535024011
Special Listing Condition Standard
Listed by Glenn Shelhamer The Shelhamer Real Estate Group #01950995
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