966 N Serrano Avenue, Los Angeles, CA 90029
List Price: $1.15M
Listing Status: Active
0Days on Market: 24
4 Bedrooms · 2 Bathrooms · 3,178 sq ft
Property Type: ResidentialIncome
Year Built: 1956
Lot Size: 6,007 sq ft
Garage Spaces: 4
MLS Number: 26671913
About This Property
First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.
Listing provided by: Glenn Shelhamer DRE #01950995 310-913-9477 glenn@shelhamergroup.com, The Shelhamer Real Estate Group
Source: CRMLS, MLS #: 26671913
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.