1056 S Serrano
Los Angeles, CA 90006
0
Bed
0
Bath
6,448Sqft
12,400Sqft(Lot)
Prime development opportunity in the heart of Koreatown. This rare offering includes two adjacent, tandem, corner to corner parcels—1056 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 An
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Building Information
Year Built: 1937Building Area Total: 6448Stories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Main Square Feet: 12400 Lot Size Acres: 0.2847 Lot Size Source: Assessor Lot Size Square Feet: 12,400 Lot Description: Corner Lot
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Listing Price Information
Listing Price: $2749000Original Price: $2899000Cash, Cash to Existing Loan
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Tax Information
Parcel Number: 5080017021 Tax Lot: 26 Tax Block: E
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Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 2
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Location Information
Direction: Waze WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1032 S Westlake Avenue, Los Angeles, CA, 90006 | $1,000,000 | 6 | 4 | -- | |
| 1817 W 12th Street, Los Angeles, CA, 90006 | $1,599,000 | 7 | -- | 3,308 | 3,308 SqFt |
| 1242 S Bonnie Brae, Los Angeles, CA, 90006 | $740,000 | 4 | 2 | 2,207 | 2,207 SqFt |
| 1324 S Westlake Avenue, Los Angeles, CA, 90006 | $800,000 | -- | -- | 4,232 | 4,232 SqFt |
| 2300 W 12th Street, Los Angeles, CA, 90006 | $1,295,000 | 9 | -- | 4,032 | 4,032 SqFt |
| 1605 S Bonnie Brae Street, Los Angeles, CA, 90006 | $785,000 | 5 | 3 | 2,294 | 2,294 SqFt |
| 1703 S Burlington Avenue, Los Angeles, CA, 90006 | $1,195,000 | 5 | -- | 3,604 | 3,604 SqFt |
| 1136 Arapahoe, Los Angeles, CA, 90006 | $1,400,000 | 4 | 8 | -- | |
| 1611 S Bonnie Brae Street, Los Angeles, CA, 90006 | $625,000 | 4 | 2 | 1,378 | 1,378 SqFt |
| 1617 S Bonnie Brae Street, Los Angeles, CA, 90006 | $950,000 | 4 | 4 | 4,222 | 4,222 SqFt |
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ByOwner last updated this listing 07/28/2026 @ 15:37
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