556 Serrano Avenue

Los Angeles, California 90004
For Sale $1,275,000
  • 0.17 acre lot
  • Built 1912
  • Multi-Residential Building
  • MLS# 16165864
  • Status Active

More Property Info for 556 Serrano Avenue

We are pleased to present this charming five-unit property in the heart of one of the most desirable neighborhoods in Los Angeles, Koreatown. The two-story building and separate single family home sits on a 7,497 square foot lot. The property features four large one-bedroom/one-bathroom units and one 1,400+ square foot two-bedroom / one-bathroom single family home. The subject property offers investors the opportunity to acquire an asset with a stable operating history and tremendous upside in rents. Each unit is separately metered for gas and electricity.

Property Highlights

  • Los Angeles County
  • Lot: 0.17 acres
  • Built 1912
  • Geo Coordinates: 34.082, -118.307
  • ZIP: 90004
  • Days On Homeswing: 74
  • Cooling: See Remarks
  • County Or Parish: Los Angeles
  • Directions: The property is located on North Serrano Avenue just south of Melrose Avenue and North of Maplewood Avenue and is within less than a mile of the Red Line which provides easy access to Downtown, Hollywood, and the surrounding Koreatown area.
  • Lot Size Acres: 0.17
  • MLS Area Major: C20 - Hollywood
  • Number Of Buildings: 2
  • Number Of Units Total: 5
  • Parcel Number: 5521012001
  • Stories Total: 2
  • Year Built: 1912
  • Zoning: LAR3

Community Information for 556 Serrano Avenue

Schools near 556 Serrano Avenue

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Monthly Payment for 556 Serrano Avenue

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Loan Type: 30 year fixed at 4.00%
Price: $1,275,000
Down Payment: - $255,000 (20%)
Loan Amount: = $1,020,000
Principal & Interest: +
Property Taxes: + (1.5%)
Homeowner's Insurance: +
Mortgage Insurance - PMI: +
Total Payment: =
20%
Down Payment
4.00%
Rate

Listing Provided by

Yohann Bensimon, Marcus & Millichap

Listing Disclaimer

Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2016 12:32:06 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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License: 01760623
HomeSwing
License: 02005754
Rapisarda Real Estate
License: 01915989
Heritage Sotheby's International Realty

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