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$ 2,650,000
Est. payment | /mo
5 Beds
5 Baths
0.28 Acres Lot
$ 2,650,000
Est. payment | /mo
5 Beds
5 Baths
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26070209
Bedrooms 5
Lot Size 0.285 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!
Location
State CA
County Los Angeles
Zoning Assessor
Direction Waze
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5080017021
Acceptable Financing Cash
Listing Terms Cash
Listed by David Abas, DRE#01422571 Equity Union
Nearby Locations
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