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Additional details
$ 4,250,000
Est. payment /mo
Active
1035 N Serrano Los Angeles, CA 90029
16 Beds
16 Baths
8,435 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26079227
Bedrooms 16
Lot Size 8,435 Sqft
Property Sub-Type Res Income 2-4 Units
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 propertys location provides a significant advantage, sitting at the edge of East Hollywoods 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
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Santa Monica and East of Western
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Roof Type Other/Remarks
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5536025023
Acceptable Financing Cash
Listing Terms Cash
Listed by Verzhine Uzunyan, DRE#00984953 Koenig Properties
NEARBY SCHOOL & BUSINESS
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