851 Serrano Pl - Apartments FOR SALE


Los Angeles, CA 90029
$1,695,000 USD
949-922-2861
851 Serrano Pl, Los Angeles, CA for Sale
$1,695,000 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

851 Serrano Pl
Los Angeles, CA 90029


HIGHLIGHTS

  • Excellent Unit Mix Consisting of (Two (2) – 2BD/2BTH Units
  • Offering located in one of the most exclusive rental markets in Los Angeles
  • Turnkey opportunity nestled in Melrose Hill, near Hollywood

OVERVIEW

851 Serrano Pl offers two units ideally located in the highly desirable Melrose Hill microneighborhood, just outside of prime Hollywood. This beautiful Spanish-style duplex presents a rare turnkey opportunity, ideal for an owner-user. The property spans 2,692 square feet, featuring two 2-bedroom, 2-bathroom units. One of the units, located on the second floor, will be delivered VACANT, offering immediate occupancy potential. Situated near a plethora of entertainment and dining options, 851 Serrano Pl is perfectly positioned to take advantage of the vibrant Hollywood lifestyle. The property is also in close proximity to major landmarks and attractions, making it a highly sought-after rental market. The two-story building offers an exceptional opportunity for investors or owner-users to acquire a unique asset in a thriving area.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$630 USD /SF

# OF UNITS

2

PRICE/UNIT

$847,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1922

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,643 SF

ZONING

R1-1

APN/PARCEL ID

5535-027-010

ASK ABOUT THIS PROPERTY

Dane GarsonKidder MathewsMore Info
949-922-2861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Dane GarsonKidder MathewsMore Info
949-922-2861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.