City skyline near 1406 n serrano, featuring tall buildings and a colorful sky, transitioning from day to night.

Closed Listing

12 Units in East Hollywood @ 14.55 GRM & 3.93% CAP

1406 serrano

sold in

East Hollywood

Sold At

$

2,600,000

12

Number of Units

1987

Year Built

10,346

SF

Square Footage

8,712

SF

Lot Size

N/A

Zoning

1406 Serrano Ave, Los Angeles, CA 90027

About the Property

  1. No rent control with some immediate upside in rents

  2. Copper plumbing*Approx 21 gated secure parking spaces

  3. Intercom entry

  4. Individual hot water heaters = low building gas bills

  5. Washer/dryer are owned

  6. Large units average almost 900 square feet!

  7. Located one block east of Western

  8. Between Sunset Blvd and Fountain Ave

  9. Wood laminate floors in most units

  10. Approx 50% of roof replaced recently 

12

Number of Units

1987

Year Built

10,346

SF

Square Footage

8,712

SF

Lot Size

N/A

Zoning

1406 Serrano Ave.
Hollywood / East Hollywood / Los Feliz

Offering Price

$2,600,000

Number of Units

12 Units

Price per. Unit

$216,667

Bldg. Size

10,346 SF

Price per Foot

$251

Lot Size

8,712 SF

Year Built

1987

Current CAP

3.93%

Market CAP

5.20%

Zoning

N/A

Detailed Brochure on Real Estate Opportunities

Price P/ Unit

$216,667

Price p/ Sq. ft.

$251

Proforma Cap Rate

5.20%

Contact

Sales agent

Email Us

Email Us

Email Us

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Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

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Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

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Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
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Dustin Dahan

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Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

Andrew Tenney

Kenny Stevens in a suit stands near a railing, with a sunset and palm trees in the background.
DRE 01090251

Kenny Stevens

DRE 01090251

Kenny Stevens

Max Berger in a suit stands confidently on a balcony with a sunset and mountains in the background.
DRE 02054048

Max Berger

DRE 02054048

Max Berger

Dustin Dahan in formal attire stands by a railing with a sunset in the background, smiling at the camera.
DRE 02085403

Dustin Dahan

DRE 02085403

Dustin Dahan

Andrew Tenney in a suit stands outside at sunset, smiling with a scenic background of hills and a railing.

Andrew Tenney

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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628

Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01991628. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate. If your property is currently listed for sale this is not a solicitation.

© Copyright 2024.

Privacy Policy

310 968 7005

Kenny Stevens DRE# 01991628