Skip To Content

    1028 S Serrano Avenue

    Los Angeles (City), CA 90006
    • $1,575,000
    • STATUS: Active
    • ON SITE: 130 days
    • ID#: 20666374
    UPDATED: 52 min ago
    $1,575,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,441
      SQFT
    • $1,093
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1924
    County:

    School Ratings & Info

    Description

    We are proud to present this development opportunity in Koreatown. The three unit building sits on a 6,209 square foot LAR4 zoned lot. Its located just south of Olympic Blvd and east of Western Avenue. A new Buyer may be able to obtain favorable financing options. The site is entitled for 21 apartment units ($75,000 per buildable unit), with 2 being dedicated to affordable housing.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T19:29:54.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
    www.bestorangecountyhomesearch.com/homes/112341933
    Print Image

    1028 S Serrano Avenue Los Angeles (City), CA 90006

    • Price: $1,575,000
    • Status: Active
    • Updated: 52 min ago
    • ID#: 20666374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1,441
    SQFT
    $1,093
    $/SQFT
    1924
    Built
    Neighborhood:
    C17 - Mid-Wilshire
    County:
    Los Angeles
    Area:
    C17 - Mid-Wilshire
    Property Description
    We are proud to present this development opportunity in Koreatown. The three unit building sits on a 6,209 square foot LAR4 zoned lot. Its located just south of Olympic Blvd and east of Western Avenue. A new Buyer may be able to obtain favorable financing options. The site is entitled for 21 apartment units ($75,000 per buildable unit), with 2 being dedicated to affordable housing.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Appliances Refrigerator Appliances YN Yes Heating Central Heating YN Yes

    Property Features

    Country Us Gross Income 0.00 Gross Multiplier 0.00 Gross Operating Income 37140.00 Net Operating Income 0.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 0.00 Zoning Lar4

    Listing provided courtesy of David Kaufman of David Ballin Kaufman


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-04-12T19:29:54.337. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Doherty Real Estate Group | eXp Realty of California, Inc.. Licensed in the State of California, USA.
     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365001398-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365001398-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_365001398-1.jpg
    Logo
    Doherty Real Estate Group | eXp Realty of California, Inc.
    27101 Puerta Real
    Mission Viejo CA, 92691