Properties

Los Angeles, CA 90027 1537 N Serrano Avenue N

1537 N Serrano Avenue N Los Angeles, CA - Image 11537 N Serrano Avenue N Los Angeles, CA - Image 21537 N Serrano Avenue N Los Angeles, CA - Image 3
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Presented By: Vic Deirmendjian with Vic J. Diermendjian; 818-519-6755
  • MLS# SR25271090
  • 12/03/2025
  • Get pre-approved
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  • Baths • 1
  • SQFT • 5,952

Home Details

Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes. Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues. Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement. All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Presented By: Vic Deirmendjian with Vic J. Diermendjian; 818-519-6755

Interior Features for 1537 N Serrano Avenue N

Other Interior Features

Common WallsNo Common Walls
Fireplace FeaturesBath, Electric, Gas, Kitchen, Living Room, Outside
Fireplace Y/NYes
Interior AmenitiesGranite Counters
Laundry FeaturesInside
Total Stories1

Other Rooms

Entry Level1

General for 1537 N Serrano Avenue N

Additional Parcels Y/NNo
AppliancesGas Range, Water Heater
Architectural StyleBungalow, Custom, See Remarks
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesBiking, Curbs, Street Lights, Sidewalks
ContingencyNONE
CountyLos Angeles
DirectionsOne block east of Western Avenue, north of Sunset and south of Hollywood Blvd.
Entry Locationground
Garage Spaces
Garage Y/NNo
Gross Income196690
Insurance Expense10800
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional, 1031 Exchange
Lot Size Square Feet15923
Lot Size UnitsSquare Feet
MLS AreaC20 - Hollywood
Net Operating Income167230
New ConstructionNo
Number Of Units Total8
Operating Expense29460
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot4
Tenant PaysCable TV, Electricity, Gas
Trash Expense0
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Sewer Expense6000
Year Built1919
Year Built SourceAssessor

Exterior for 1537 N Serrano Avenue N

Building Area Total5952
Lot Features16-20 Units/Acre
Lot Size Acres0.3655
Lot Size Area15923
Lot Size SourceAssessor
Number of Buildings8
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Private PoolNo
Total Parking0
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,600,000
MLS#SR25271090
List Date 12/03/2025
Property Type Multi-Family
Phone 888.795.6274
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