Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 4 BR |
| Bathrooms: | 2 |
| Area: | 6007 sq ft |
| Lot Size: | 0.1 Acres |
Financials
Price:$1,150,000
Listing Courtesy of The Shelhamer Real Estate Group
966 N Serrano Ave 4BR La
Description
First time on the market in 37 years. Owner-users this is your move. Two units delivered vacant. Bring your suitcases, your furniture, and you're in, with built-in income from day one. Investors 6% CAP, 12.17% GRM. Two of the best units vacant so you can hit market rents immediately and start optimizing the asset right out of the gate. Well-positioned Hollywood triplex with a clean, functional layout: two large 2-bed, 1.5-bath units (up and down) plus a separate 1-bed, 1-bath above the garage. Upper 2-bed and garage unit delivered vacant. Four-car garage in the rear with strong ADU potential clear path to a four-unit property (buyer to verify). Large private yard, mature landscaping, real space that tenants actually feel. Major systems already handled copper plumbing, newer sewer line, recently built redwood/deckwood staircase. No heavy lifting, just upside.Melrose Hill location right between Larchmont, Silver Lake, Los Feliz, and Koreatown. Walkable, rentable, desirable.Clean asset. Vacancy. Upside. Location.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.