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1536 N Serrano Ave
Los Angeles, CA 90027
LIHTC Property | 42 Units | East Hollywood · Multifamily Property For Sale
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42 Units
Investment Highlights
- Built in 1969 | Renovated
- 55-Year 9% LIHTC Agreement
- Oversized Units – Avg. 1,441 SF
- Fee Simple Ownership
- In Service 1997 | Ends in 2052
- Above-LIHTC Rents via Sec. 8
Property Facts
| No. Units | 42 | Lot Size | 0.69 AC |
| Property Type | Multifamily | Building Size | 60,525 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.19/1,000 SF |
| Zoning | R4 - [Q]R4-2 | ||
| No. Units | 42 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 60,525 SF |
| No. Stories | 3 |
| Year Built | 1969 |
| Parking Ratio | 1.19/1,000 SF |
| Zoning | R4 - [Q]R4-2 |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 9 | $1,330 | 660 |
| 2+2 | 12 | $1,641 | 1,071 |
| 3+2 | 18 | $1,811 | 1,378 |
| 4+2 | 3 | $2,167 | 2,370 |
Property Taxes
| Parcel Number | 5544-019-026 | Improvements Assessment | $2,426,781 |
| Land Assessment | $3,551,390 | Total Assessment | $5,978,171 |
Property Taxes
Parcel Number
5544-019-026
Land Assessment
$3,551,390
Improvements Assessment
$2,426,781
Total Assessment
$5,978,171
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