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326 S Serrano Ave
Los Angeles, CA 90020
Multifamily Property For Sale
·
10 Units
Investment Highlights
- True value-add opportunity with 30% upside in rents
- Two units delivered vacant
- Soft story seismic retrofit being completed
- Excellent unit mix with huge 1+1 and 2+2 units
- Abundant parking - 12 individual spaces and potentially 18 with tandem
- Prime Koreatown location just east of Western Avenue and south of 3rd Street
Property Facts
| No. Units | 10 | Building Size | 9,948 SF |
| Property Type | Multifamily | Average Occupancy | 80% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1961 |
| Building Class | C | Parking Ratio | 1.21/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | LAR3 | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 9,948 SF |
| Average Occupancy | 80% |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | LAR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,326 | - |
| 2+2 | 6 | $1,964 | - |
Property Taxes
| Parcel Number | 5503-005-006 | Improvements Assessment | $1,948,377 |
| Land Assessment | $1,082,432 | Total Assessment | $3,030,809 |
Property Taxes
Parcel Number
5503-005-006
Land Assessment
$1,082,432
Improvements Assessment
$1,948,377
Total Assessment
$3,030,809
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