211 N Serrano, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
211 N Serrano,Los Angeles, CA 90004
$1,200,000
- 5 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kirk garabedian
Office: keller williams r. e. services
MLS#:GD26236164
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,200,000
About this home
We are pleased to present 209211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafs, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility. With its 2024 rear construction, es...
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Home facts
- Listing ID #:GD26236164
- Added:4 day(s) ago
- Updated:November 07, 2026 at 03:35 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
Structure and exterior
- Levels:1 Story
Finances and disclosures
- Price:$1,200,000
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