1536 N Serrano Avenue, Los Angeles, CA 90027

Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1536 N Serrano Avenue,Los Angeles, CA 90027
$7,995,000
  • 99 Beds
  • 66 Baths
  • 60,525 sq. ft.
  • Multi-family
  • Pending
Listed by: glen scher, filip niculete
Office: marcus & millichap
MLS#:25563617
Source:CRMLS

Price summary

  • Price:$7,995,000
  • Price per sq. ft.:$132.09

About this home

1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.

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Home facts

  • Year built:1969
  • Listing ID #:25563617
  • Added:164 day(s) ago
  • Updated:December 19, 2025 at 08:31 AM

Rooms and interior

  • Bedrooms:99
  • Total bathrooms:66
  • Living area:60,525 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Wall Furnance

Structure and exterior

  • Year built:1969
  • Building area:60,525 sq. ft.
  • Lot area:0.69 Acres

Utilities

  • Water:Public
  • Sewer:Sewer Tap Paid

Finances and disclosures

  • Price:$7,995,000
  • Price per sq. ft.:$132.09
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