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238 S Serrano Ave
Los Angeles, CA 90004
Multifamily Property For Sale
·
51 Units
Investment Highlights
- Well-kept multi-family investment opportunity in prime Koreatown, adjacent to Hancock Park
- Walker's Paradise: Outstanding WalkScore of 97
- Great value-add opportunity with 32% income upside potential
- 41 garage parking spaces
Property Facts
| No. Units | 51 | Building Size | 27,252 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 1.94/1,000 SF |
| Lot Size | 0.41 AC | ||
| Zoning | LAR3-1 - Multiple Family Residential | ||
| No. Units | 51 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 27,252 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | LAR3-1 - Multiple Family Residential |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Range
- Tub/Shower
- Yard
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 23 | - | 375 |
| 1+1 | 27 | - | 500 |
| 2+2 | 1 | - | 950 - 1,000 |
Property Taxes
| Parcel Number | 5517-013-026 | Improvements Assessment | $4,993,920 |
| Land Assessment | $5,202,000 | Total Assessment | $10,195,920 |
Property Taxes
Parcel Number
5517-013-026
Land Assessment
$5,202,000
Improvements Assessment
$4,993,920
Total Assessment
$10,195,920
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