$4,250,000
For Sale by Owner
Listed 3 months ago

2BR Multi-Family for Sale in Los Angeles, CA

1035 N Serrano Ave, Los Angeles, CA 90029
20 Beds
20 Bath
Built 2024
PropSlick Verified Data Key facts & insights for this exact address
2024
Year Built
$23,101
Property Tax / yr
8,433 sf
Lot Size
Los Angeles
County

Key Facts

Property TypeMulti-Family
Year Built2024
Lot Size8,433 sq ft
Annual Property Tax$23,101

Property Description

Incredible newer-construction five-plex built in 2024, ideally located in prime East Hollywood just moments from the brand-new Echelon Studios campus. With improved pricing, this luxury three-level trophy property now offers a cap rate in the vicinity of 6%. The property features five spacious units, each with 4 bedrooms, 3.5 bathrooms, and a private rooftop terrace showcasing panoramic views of Griffith Observatory, the Hollywood Sign, and the Downtown LA skyline. Interiors feature premium laminate flooring, recessed lighting, central HVAC, in-unit laundry with a stackable washer and dryer, abundant built-ins, and generous storage throughout. Gourmet kitchens offer sleek countertops, stainless-steel appliances, and modern cabinetry, while oversized bedrooms and contemporary bathrooms create a refined, comfortable living experience. Each unit also includes one assigned parking space. The property's location provides a significant advantage, sitting at the edge of East Hollywood's rapidly expanding entertainment and production hub. Its proximity to the new Echelon Studios brings increased demand from industry professionals seeking modern housing near work, along with strong long-term value as the surrounding creative corridor continues to grow. Residents also enjoy quick access to Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax, placing premier dining, nightlife, shopping, and cultural destinations within minutes. This exceptional newer five-plex offers luxury living, strong rental appeal, and an unbeatable East Hollywood location. Motivated seller - submit your offer.

Listing description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Washer/Dryer

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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