1056 S Serrano, Los Angeles, CA 90006
List Price: $2.75M
Listing Status: Active
Original List Price: $2.9M
0Days on Market: 43
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1937
Lot Size: 12,400 sq ft
Garage Spaces: 2
Private Pool: Yes
MLS Number: SR26070209
About This Property
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 Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only.
Listing provided by: David Abas DRE #01422571 805-892-8119 david@davidabas.com, Equity Union
Source: CRMLS, MLS #: SR26070209
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.