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1000 N Serrano Avenue

Los Angeles, CA 90029
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Bed 24

Bed

Bath 0

Bath

SqFt13,716

Sqft

SqFt5,445

Sqft(Lot)

1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in Melrose Hill and Westlake. Please contact LA1 for more information.

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Detail Ic Property Details

Property Type : Residential Income

Price : $3,900,000

AD Id : 57987303

MLS Id : 24421525

Beds : 24

Lot Size : 5,445 Sqft

Living Area Size : 13,716

Year Built : 1923

County : Los Angeles

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1209 Hyperion Avenue, Los Angeles, CA, 90029 $1,129,000 -- -- 2,945 2,945 SqFt
1180 N Hoover Street, Los Angeles, CA, 90029 $1,195,000 3 1 1,166 1,166 SqFt
863 1/2 Hyperion Avenue, Los Angeles, CA, 90029 $2,800,000 4 4 2,853 2,853 SqFt
1000 Myra Avenue, Los Angeles, CA, 90029 $1,695,000 3 2 1,513 1,513 SqFt
1222 N Virgil Avenue, Los Angeles, CA, 90029 $998,000 3 3 1,865 1,865 SqFt
760 N Arthur Road, Los Angeles, CA, 90029 $1,995,000 3 3 2,538 2,538 SqFt
4523 Lexington Avenue, Los Angeles, CA, 90029 $1,098,800 3 2 1,184 1,184 SqFt
718 N Hoover Street, Los Angeles, CA, 90029 $1,699,000 4 -- 3,912 3,912 SqFt
4140 Normal Avenue, Los Angeles, CA, 90029 $3,000,000 12 -- 7,148 7,148 SqFt
4520 - 4524 Willow Broo.., Los Angeles, CA, 90029 $1,575,000 12 -- 7,556 7,556 SqFt

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ByOwner last updated this listing 06/18/2026 @ 12:29

MLS: 24421525 LISTED BY: Max Berger, Compass 310-230-5478 SOURCE: CRMLS

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