857 Serrano Place, Los Angeles, CA 90029

Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
857 Serrano Place,Los Angeles, CA 90029
$895,000
  • 3 Beds
  • - Baths
  • 1,956 sq. ft.
  • Multi-family
  • Active
Listed by:armin soleimani
Office:global platinum properties, inc.
MLS#:CL25531939
Source:CA_BRIDGEMLS

Price summary

  • Price:$895,000
  • Price per sq. ft.:$457.57

About this home

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.

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Home facts

  • Year built:1927
  • Listing ID #:CL25531939
  • Added:164 day(s) ago
  • Updated:October 11, 2025 at 02:40 PM

Rooms and interior

  • Bedrooms:3
  • Living area:1,956 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1927
  • Building area:1,956 sq. ft.
  • Lot area:0.11 Acres

Finances and disclosures

  • Price:$895,000
  • Price per sq. ft.:$457.57