857 Serrano Place
Los Angeles, CA 90029
- – beds
- – baths
- – sqft
- 4,748 sqft lot
- 1927 build
- – on site
Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.
Last checked:
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Last updated Apr 29, 2025
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MLS# 25531939 —
The Building
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Year Built:1927
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Year Built Source:Seller
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New Construction:No
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Building Area Total:1956.00
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Total Number Of Units:4
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# of Buildings:1
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Stories Total:1
Interior
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Levels:One
Location
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Directions:From Western, Turn East Onto Lemon Grove, The Turn South Onto Serrano.
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Latitude:34.08570700
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Longitude:-118.30713200
The Property
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Property Type:Residential Income
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Zoning:LAR1
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Lot Size Area:4748.0000
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Lot Size Acres:0.1090
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Lot Size SqFt:4748.00
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5535027009
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Garage - Three Door
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Parking Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/29/25
Apr 29, 2025
|
Listed / Active | CRMLS_CA | $895,000 |
