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1616 N Serrano Avenue

Los Angeles, CA 90027

– beds
– baths
– sqft
13,126 sqft lot
1990 build
– on site

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Amazing opportunity to own a 27 unit apartment building built in 1990 with a huge potential and upside. There are 13 units that are one bedroom one full bathroom and 14 units are two bedrooms and two full bathrooms. Most of the units have been remodeled or updated. Desired location in East Hollywood, Thai Town, Little Armenia and minutes away to Los Feliz, 101 freeway, DTLA and to Iconic Griffith Park Observatory. Minutes to grocery stores, coffee shops, restaurants, night clubs, and much more. 1 block over from the metro subway and major transportations and all the best that the city has to offer. Many Units have the Griffith Park observatory views and a beautiful mountains and units facing front have a beautiful views of the tree line streets and the views of the city and the mountains. All units have central air and central heat and washers and dryers are on each floors. All one bedrooms have one parking space designated and all two bedrooms have two parking spaces side by side designated. Manager on site. Priced under market and ready to sell. A must-see. Seller select services and all financials will be presented with an accepted offer. No sign for sale on property please do not go without listing agent. One of a kind don't miss this opportunity. Broker and Broker's agent(s) do not represent or guarantee the accuracy of the square footage, bedroom/bathroom count, lot size or lot dimensions, permitted or un-permitted spaces other information concerning the conditions or features of the property provided by the seller/landlord or obtained from Public Records or other sources including any financials. Buyer/Tenant is strongly advised to independently verify the accuracy of all information through personal inspections and with appropriate professionals and to satisfy them selves and rely only on that.

Listed By CRMLS_CA / Gosia Miras / Nelson Shelton Real Estate Era Powered

Last checked: Checking… • Last updated Aug 22, 2023 •

MLS# 23244095 —

The Building

Year Built:

1990
New Construction:

No
Total Number Of Units:

27
# of Buildings:

1
Architectural Style:

Contemporary
Stories Total:

3
Accessibility Features:

Other, No Interior Steps, Parking
Faces:

East
# of Separate Gas Meters:

27
# of Separate Electric Meters:

27

Interior

Features:

Crown Molding, Open Floorplan, Living Room Balcony, High Ceilings, Recessed Lighting
Levels:

One, Three Or More
Window Features:

Screens
Room Type:

Master Bathroom, Living Room, Walk-In Closet
Fireplace:

Yes
Fireplace:

Living Room, Gas
Laundry:

Community
Laundry:

1

Financial & Terms

Disclosures:

Listing Broker Advantage

Location

Directions:

South of Hollywood, North of Sunset East of Western
Latitude:

34.10045800
Longitude:

-118.30673700

The Property

Property Type:

Residential Income
Property Condition:

Updated/Remodeled, Repairs Cosmetic, Fixer
Zoning:

LAR4
Lot Size Area:

13126.0000
Lot Size Dimensions:

75x175
Lot Size Acres:

0.3013
Lot Size SqFt:

13126.00
View:

1
View:

City Lights, Courtyard, Hills, Park/Greenbelt, Mountain(s), Trees/Woods, Panoramic
Security Features:

Fire and Smoke Detection System, Smoke Detector(s), Resident Manager

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5544020014

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air

Appliances

Appliances:

Dishwasher, Disposal, Refrigerator, Vented Exhaust Fan, Gas Cooktop, Gas Oven
Included:

Yes

The Community

Association Amenities:

Controlled Access, Trash
Association:

No
Senior Community:

No

Parking

Parking:

Yes
Parking:

Assigned, Community Structure, Controlled Entrance, Side by Side
Parking Spaces:

41.00
Garage Spaces:

41.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
8/22/23 Aug 22, 2023	Sold	CRMLS_CA	$9,950,000	-9.5%
7/27/23 Jul 27, 2023	Pending	CRMLS_CA	$10,995,000
5/16/23 May 16, 2023	Price Changed	CRMLS_CA	$10,995,000	-0.0%

Multifamily Sold on 8/22/2023

$9,950,000

Listing provided by broker:

Gosia Miras

Nelson Shelton Real Estate Era Powered

Newest listings in Los Angeles, CA

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Listing Courtesy of: CRMLS_CA and Nelson Shelton Real Estate Era Powered. Based on information from California Regional Multiple Listing Service, Inc. as of 00:05 on Apr 21.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1616 N Serrano Avenue

Los Angeles, CA 90027