1000 N Serrano Avenue, Los Angeles, CA 90029

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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1000 N Serrano Avenue,Los Angeles, CA 90029
$3,900,000
  • 24 Beds
  • 24 Baths
  • 13,716 sq. ft.
  • Multi-family
  • Pending
Listed by:max berger
Office:compass
MLS#:24421525
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$284.34

About this home

1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in

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Home facts

  • Year built:1923
  • Listing Id #:24421525
  • Added:383 day(s) ago
  • Updated:August 18, 2025 at 07:47 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Living area:13,716 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:13,716 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$284.34
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