$2,599,000 Est. $9,570 / mo.*

1056 S Serrano Los Angeles , CA 90006

Courtesy of Equity Union 805-892-8119

Description

7 Units
Co Agent License#: 01999632
Property Type: Apartment
Status: Active
Year Built: 1937
Days on Website: 133
Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels 1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units) to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

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Christopher Lechner

(562) 972-0388