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857 Serrano Place

Los Angeles CA 90029

3
4
4
1956 sq. ft.
4748 sq. ft.
Other
Currently for sale - view listing

Overview

Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.

Features

3 bedrooms
4 bathrooms
4 carspaces
1956 sq. ft. floor area
4748 sq. ft. lot size
Other

Happy sellers in Los Angeles

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We have insufficient information to provide an overview of customer satisfaction for Los Angeles. Viewing the agent profiles, reviews and sales for Los Angeles can provide insights for this location.

Local market activity for 3 bedroom other properties in Los Angeles

In the last 12 months, 3 three-bedroom other properties similar to 857 Serrano Place, have been sold.

This represents a 25% increase in three-bedroom other properties sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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