556 N Serrano Ave
Los Angeles, CA 90004

Bd   — Ba   5,270 Sqft
We are pleased to present this charming five-unit property in the heart of one of the most desirable neighborhoods in Los Angeles, Koreatown. The two-story building and separate single family home sits on a 7,497 square foot lot. The property features four large one-bedroom/one-bathroom units and one 1,400+ square foot two-bedroom / one-bathroom single family home. The subject property offers investors the opportunity to acquire an asset with a stable operating history and tremendous upside in rents. Each unit is separately metered for gas and electricity.
  • Property Type: Multi Family
  • MLS#: 16165864
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Yohann Bensimon
  • Movoto last checked CRMLS for new data 6 hours ago
  • CRMLS last updated this listing 1 month ago

Home Features for 556 N Serrano Ave , Los Angeles

Overview
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Property History for 556 N Serrano Ave, Los Angeles

Status
Date
Price
Price Change
Jan 17, 2017
$1,100,000
Listed
Sep 3, 2016
$1,275,000
#16165864

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8787 Shoreham Dr #1205
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556 N Serrano Ave
  • $1,100,000
  • For Sale

    09/03/2016

  • — Bd
  • — Ba
  • 5,270 Sqft
  • $209/Sqft
  • 7,499 Sqft Lot
  • Built 1912
As of today, , there are 46 properties listed for sale in ZIP code 90004 and 1,884 properties listed for sale in the city of Los Angeles, CA. Of those 1,884 properties, there are 1,315 single family houses and 569 condos. The current list price for 556 N Serrano Ave is $1,100,000, which is 26% above the median price of $875,000 for Los Angeles and 0.9% above the median of $1,090,000 for 90004. 556 N Serrano Ave is approximately 5,270 square feet, which is 219% above the median size in Los Angeles of 1,651 square feet and 190% above the median size in 90004 of 1,818 square feet. This property's price per square foot is $209, which is 65% below the median in 90004 of $597 and 64% below the Los Angeles median of $574.
Built in 1912, this multi family house at 556 N Serrano Ave is approximately 5,270 square feet and does not come with a parking spot. It is listed on 09/03/2016 for $1,100,000 with a cost per Sqft of $209. 556 N Serrano Ave is located in the Wilshire Center - Koreatown neighborhood in the Los Angeles Unified School District. The closest school is Harvard Elementary School.

556 N Serrano Ave has been on the market for 176 days. It's currently listed as active under the MLS #16165864.

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