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1056 S Serrano

Los Angeles, CA 90006
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Bed 0

Bed

Bath 0

Bath

SqFt6,448

Sqft

SqFt12,400

Sqft(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 geles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only.

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Detail Ic Property Details

Property Type : Residential Income

Price : $2,749,000

AD Id : 77025186

MLS Id : SR26070209

Lot Size : 12,400 Sqft

Living Area Size : 6,448

Year Built : 1937

Garage : 2

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Unknown

  • Building Information

    Year Built: 1937 Building Area Total: 6,448
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2847
  • Lot Size Source: Assessor Lot Size Square Feet: 12400

  • Listing Price Information

    Original List Price: 2,749,000 Listing Contract Date: 2026-04-13
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5080017021

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C17 - Mid-Wilshire Directions: Waze Source Property Type: Residential Income Area: C17 - Mid-Wilshire Property SubType: Apartment
  • Building and Construction

    Property Age: 89 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
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
1147 S Westlake Avenue, Los Angeles, CA, 90006 $975,000 4 1 2,110 2,110 SqFt
2694 James M Wood Boule.., Los Angeles, CA, 90006 $1,795,000 3 -- 3,399 3,399 SqFt
1703 S Burlington Avenue, Los Angeles, CA, 90006 $1,200,000 5 -- 3,604 3,604 SqFt
1136 Arapahoe, Los Angeles, CA, 90006 $1,400,000 -- -- 5,040 5,040 SqFt
1826 S Bonnie Brae Stre.., Los Angeles, CA, 90006 $849,900 6 -- 2,804 2,804 SqFt
1415 Arapahoe Street, Los Angeles, CA, 90006 $1,600,000 6 4 3,641 3,641 SqFt
1118 Elden Avenue, Los Angeles, CA, 90006 $1,995,000 8 -- 4,890 4,890 SqFt
2375 W 12th Street, Los Angeles, CA, 90006 $1,999,000 10 -- 12,306 12,306 SqFt

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ByOwner last updated this listing 06/13/2026 @ 08:29

MLS: SR26070209 LISTED BY: David Abas, Equity Union 805-892-8119 SOURCE: CRMLS

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