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1537 N Serrano Avenue N

Los Angeles (City), CA 90027
  • $3,600,000
  • STATUS: Active
  • ON SITE: 93 Days
  • ID#: SR25271090
UPDATED: 81 min ago
$3,600,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1919
County:

School Ratings & Info

Listing Agent(s): Vic Deirmendjian of Vic J. Diermendjian (818-519-6755) and None None of ()


Description

Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes.Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues.Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement.All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171170202
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1537 N Serrano Avenue N Los Angeles (City), CA 90027

  • Price: $3,600,000
  • Status: Active
  • On Site: 93 Days
  • Updated: 81 min ago
  • ID#: SR25271090
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1919
Built
Neighborhood:
C20 - Hollywood
County:
Los Angeles
Area:
C20 - Hollywood
Property Description
Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes.Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues.Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement.All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Exterior Features

Architectural Style BungalowCustomSee Remarks Entry Level 1 Entry Location ground Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 8 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Appliances Gas RangeWater Heater Common Walls No Common Walls Fireplace Features BathElectricGasKitchenLiving RoomOutside Fireplace YN Yes Interior Features Granite Counters

Property Features

Additional Parcels YN No Common Interest None Community Features BikingCurbsStreet LightsSidewalks Contingency NONE Garage YN No Gross Income 196690 Gross Scheduled Income 196690 Insurance Expense 10800 Land Lease YN No Laundry Features Inside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 167230 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Operating Expense 29460 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TVElectricityGas Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 6000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-09T19:32:03.493. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Vic Deirmendjian of Vic J. Diermendjian (818-519-6755) and None None of ()