$3,900,000
24 Beds | 24 Baths | 13,716 sqft
1000 N Serrano Ave
Listing provided by: Compass
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$3,900,000
PENDING
1000 N Serrano Ave, Los Angeles, CA 90029
24 Beds
24 Baths
13,716 SqFt
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. Ser...

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Snapshot
  • Price:
  • $3,900,000
  • Bedrooms:
  • 24
  • Total Baths:
  • 24
  • Square Footage:
  • 13,716
  • Acreage:
  • 0.13
  • Year Built:
  • 1923
  • Listing ID #:
  • 24421525
  • Street Address:
  • 1000 N Serrano Ave
  • City:
  • Los Angeles
  • State:
  • CA
  • Postal Code:
  • 90029
  • County:
  • Los Angeles
  • Community:
  • C20 - Hollywood
  • Listing Status:
  • Pending
  • Listing Type:
  • Single Family
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Seller Concessions
Seller concessions can make home ownership more accessible for buyers by reducing upfront expenses. Seller concessions are negotiable and can be a fixed dollar amount or a percentage of the home's purchase price, and may cover a wide range of costs associated with buying a home, including to pay for buyer's broker services.
Source: National Association of REALTORS®
Seller concessions are not currently offered for this listing. Please contact agent for further details.
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Land
Source
Listing provided by: Compass
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