556 N Serrano Ave
Los Angeles, CA 90004
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Lot Size | 0.17 AC |
| Property Type | Multifamily | Building Size | 5,270 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1912 |
| Zoning | LAR3 | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 5,270 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1912 |
| Zoning | LAR3 |
Amenities
Site Amenities
- Vintage Building
About 556 N SERRANO AVE , LOS ANGELES, CA 90004
Marcus & Millichap is pleased to present the exclusive listing of 556 North Serrano Avenue, a five-unit character asset with rich detail and etchings. Located just south of Melrose and east of Western in the sought after neighborhood of Melrose Hill of Los Angeles' "10 Great Neighborhoods" according to Los Angeles Magazine. This asset benefits from it's impeccable location. This 5,270-square foot asset boasts a desirable unit mix of four large, one-bedroom/one-bathroom units and one, three-bedroom/one-bathroom home. Boasting a walk score of 89, this property is conveniently located within walking distance to; Melrose Cafe, The Shrimp Lover, Tasty House, Blipsy Barcade, Club Napoles, and Lemon Grove Recreation Center and Park. Located on a corner lot maintained by the same ownership for decades, this is a great acquisition opportunity for those looking for an attractive building with substantial rental upside in a sought after location.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 900 |
| 3+1 | 1 | - | 1,670 |
Property Taxes
| Parcel Number | 5521-012-001 | Improvements Assessment | $219,300 |
| Land Assessment | $877,200 | Total Assessment | $1,096,500 |
Property Taxes
