857 Serrano Place, Los Angeles, CA 90029 - Berkshire Hathaway HomeServices California Properties

857 Serrano Place, Los Angeles, CA 90029

$895,000 Approx. USD 3 beds, 4 baths
1,956 sqft

Listing Agent


Armin Soleimani | arminsoleimani@gmail.com
Lic#: 01846872
Broker: Courtesy of Global Platinum Properties, Inc.

Co Listing Agent


Julio Ruiz | ziuroiluj@gmail.com
Lic#: 01911261
Broker: Courtesy of Global Platinum Properties, Inc.

Agent Remarks

Introducing an exceptional four-unit property that spans an impressive 1,956 square feet, elegantly set on a spacious 4,727 square foot lot. This property is brimming with potential for the discerning investor. With ample room for the addition of four more ADUs in the backyard, you can significantly enhance your rental income. Experience breathtaking views of the vibrant neighborhood and iconic Hollywood, embodying the charm of this trendy area. Currently, all four units benefit from long-term, reliable tenants, each unit attractively priced below the current market rates, providing an incredible opportunity for substantial rent increases. Many units feature tasteful renovations, further enhancing their appeal. Located in the lively and picturesque Melrose Hill, a true treasure within the Hollywood Studio District, this property is an outstanding investment opportunity waiting for the right owner to unlock its full potential.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25531939
Price: $895,000
Beds: 3
Baths: 4
Built in 1927
1,956 sqft
1 story
0.11 acres
Lot size: 0.1090
County: Los Angeles
Zoning: LAR1
Parking description: Door-Multi,Garage
Heating description: Wall Furnace
MLS area: C20 - Hollywood

Last Updated: 5/7/2025

 Days On Market (DOM): 46

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.085707, -118.307132.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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