1056 South Serrano Avenue

Los Angeles, CA 90006

$1,850,000
Price
7
Beds
7
Baths
4,049 Sq. Ft.
$457 / Sq. Ft.
4,049
Sq. Ft.
$457
per Sq. Ft.

Description

1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from restaurants, shopping, entertainment, and Downtown LA. Seller's is MOTIVATED.1056 S Serrano Ave (4units) + 1057 S Hobart BL ( 3 units)Both parcels total 7unts are being sold together and cover one block. These parcels are located in prime location in a Tier 4 Transit Oriented Community which is excellent for Development Opportunity in the heart of Koreatown minutes from restaurants, shopping, entertainment, and Downtown LA. Seller's is MOTIVATED.
  1. Listed by Kyong Starrett • DRE #01762611 • Brokerage DRE #01008039 • New Star Realty

Property Details for 1056 South Serrano Avenue

Zoning
LAR4
Parcel Number
5080017021
Total Units
4.0
Living Area
4049
Source Living Area
Vendor Enhanced
Area
Mid-Wilshire (C17)
Vacancy Rate
0
Lot Size Area
6211
LISTING UPDATED: 07/01/2024 04:41 PM

Property Details for 1056 South Serrano Avenue

StatusActive
MLS #24-347589
Days on Market294
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1937
Lot Size0.14 AC / 6,211 SF
CountyLos Angeles County

Building Information for 1056 South Serrano Avenue

Stories-Residences-Year Built1937Building Size-Lot Size0.14 AC / 6,211 SF

Property Information for 1056 South Serrano Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 0
  • Number Of Buildings: 1
  • Type Of Units: 4units
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $5,177
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1426
  • Lot Size Square Feet: 6211
Parking Details
Parking Details
  • Parking Garage: None
  • Total Parking: 2
  • Parking Features: None
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 01-15-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,427.00
  • Unit Actual Rent: $2,427.00
  • Unit Projected Rent: $3,100.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,136.00
  • Unit Actual Rent: $1,136.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,614.00
  • Unit Actual Rent: $1,614.00
  • Unit Projected Rent: $2,900.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $262,678.00
  • Assessed Improvement Percent: 54.41
  • Assessed Land Value: $220,081.00
  • Assessed Land Percent: 45.59
  • Assessed Total Value: $482,759.00

Property History for 1056 South Serrano Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1056 South Serrano Avenue

Taxable ValueLand$224,482Additions$267,931Total$492,413
Tax Record2024$6,418 ($535 / month)
Home Facts
Total Finished SqFt4,049 SqFtAbove Grade Finished SqFt4,049 SqFtLot Size6,209 SqFtStyleQuadraplexYear Built1937ZoningLAR4CountyLOS ANGELESAPN5080-017-021

Schools near 1056 South Serrano Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Los Angeles Elementary School
PublicK to 5

Berendo Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Vista Horizon Global Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1056 South Serrano Avenue is a multi-family home for sale in Los Angeles, CA 90006. This property was listed for sale on January 15, 2024 by New Star Realty, it's currently listed at $1,850,000. It has been on the market for a total of 294 days and was last sold on July 28, 2001. This listing's school district is Los Angeles Unified School District. Nearby schools include Los Angeles Elementary School, Berendo Middle School and West Adams Preparatory High School. 1056 South Serrano Avenue is a 7-bed, 7-bath, 4,049 sqft multi-family home built in 1937.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of New Star Realty, Kyong Starrett, DRE #01762611

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.