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1376 N Serrano Ave

Los Angeles, CA 90027

$4,200,000

Apartments For Sale  •  9,042 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 9,042 Sq Ft
  • Lot Size 0.2 ac
  • Building Class C
  • Year Built 1958
  • Cap Rate 3.38 %
  • Zoning R4, Los Angeles
69 Transit Score
86 Walk Score

Description

The Serrano Apartments are located in the heart of Hollywood. Upside potential, the building consists of 14 total units. 12 large one bedrooms / one bathroom and 2 two bedrooms / one bathroom. The building has undergone many recent upgrades including cooper plumbing, some units with granite counter tops and new flooring, etc. Building offers a total 9 gated parking spaces along with its own laundry onsite facility for the tenants to enjoy.

South of Sunset Blvd. and east of Western Blvd. Located in the heart of "Little Armenia".

Property Flyers

Financial Summary (Actual)

Net Operating Income: $142,144 (2016)
Cap Rate: 3.38 %

Public Transportation

Commuter RailDriveWalkDistance
Glendale Commuter Rail (Ventura County, Antelope Valley Lines) 12 min - 4.8 mi
Union Station Commuter Rail (Ventura County, Antelope Valley, San Bernardino, Riverside, Orange County, 91 Lines) 12 min - 5.7 mi
Transit/SubwayDriveWalkDistance
Hollywood/Western Station (Red Line) 2 min 9 min 0.5 mi
Vermont/Sunset Station (Red Line) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope Airport 19 min - 9.8 mi
Los Angeles International Airport 29 min - 23.0 mi
Long Beach-Daugherty Field Airport 33 min - 28.9 mi

Parking Details

Parking Available: No
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Adrian Van Rijs 818-264-7135 Capitol Realty, Inc.
Adrian Van Rijs 818-264-7135 Capitol Realty, Inc.