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    553 N Serrano Ave

    Los Angeles, CA 90004
    • $1,295,000
    • STATUS: Active
    • ON SITE: 94 days
    • ID#: 20-591920
    UPDATED: 45 min ago
    $1,295,000
    • 6
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,144
      SQFT
    • $412
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1909
    County:
    Area:

    School Ratings & Info

    Description

    LOCATION, LOCATION, LOCATION! Future development plays NEW OWNER CAN BUILD 8UNITS. This is R3 ZONING. Near the southern edge of Hollywood, this amazing triplex is in the market. The lot has ample space for 7 parking spaces. The current unit mix with it is the high rental income potential location. This is ideal for investor or owner user. Located near a paramount picture studio, Larchmont Village, and K town.The city of Los Angeles permit record shows 3.144 SF, while the public record shows 2,948SF.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T20:42:44.32. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/106927297
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    553 N Serrano Ave Los Angeles, CA 90004

    • Price: $1,295,000
    • Status: Active
    • Updated: 45 min ago
    • ID#: 20-591920
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,144
    SQFT
    $412
    $/SQFT
    1909
    Built
    Neighborhood:
    Mid-Wilshire
    County:
    Los Angeles
    Area:
    Mid-Wilshire
    Property Description
    LOCATION, LOCATION, LOCATION! Future development plays NEW OWNER CAN BUILD 8UNITS. This is R3 ZONING. Near the southern edge of Hollywood, this amazing triplex is in the market. The lot has ample space for 7 parking spaces. The current unit mix with it is the high rental income potential location. This is ideal for investor or owner user. Located near a paramount picture studio, Larchmont Village, and K town.The city of Los Angeles permit record shows 3.144 SF, while the public record shows 2,948SF.
    Exterior Features

    Direction Faces East Levels Two Lot Size Area 6749 Other Structures None Parking Garage Carport Detached Pool Description None Pool YN No Roof CompositionShingle Spa None Spa YN No Sprinklers None Tennis Court None Total Parking 8 View Description City Lights View YN Yes Water Frontage None

    Interior Features

    Baths Total 4.00 Cooling Wall/Window Equipment Garbage DisposalDryerGas Dryer HookupHood Fan Flooring Laminate Heating Wall Gas Laundry In Unit Water Heater Features Gas Windows Mini Blinds

    Property Features

    Assessed Total Value 865000 Gross Income 84000 Gross Operating Income 79800 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 62540.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Security Features GatedCarbon Monoxide Detector(S)Exterior Security Lights Source Living Area Appraiser Source Lot Size Area Vendor Enhanced Total Annual Expense 21460 Type Of Units Triplex Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Christine Oam DRE#01857417 of Action Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-19T20:42:44.32. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Valencia CA, 91355