857 SERRANO PLACE, LOS ANGELES CA 90029

  • 1,956 sq.ft.
  • 4,748 sq.ft. lot
offered at $895,000
MLS#:25531939
Status: Active // Property Type:
County: Los Angeles // Year Built: 1927

Property Description

Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.

Listing Courtesy of Armin Soleimani, Global Platinum Properties, Inc.

Interior Features

Heating: Wall Furnace
FOR MORE INFORMATION, PLEASE CONTACT AGENT:
  • raj qsar
    CEO | Owner |
    CalBRE# 01744847
    • cell 714.412.5019
    • office 949.612.2535
    email Raj

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