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1000 N Serrano Avenue, Los Angeles, CA 90029

Los Angeles
Local realty services provided by:CENTURY 21 Experience
1000 N Serrano Avenue,Los Angeles, CA 90029
$3,900,000
  • 24 Beds
  • 24 Baths
  • 13,716 sq. ft.
  • Multi-family
  • Pending
Listed by: max berger
Office: compass310-230-5478
MLS#:24421525
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$284.34

About this home

1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in...

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Home facts

  • Year built:1923
  • Listing ID #:24421525
  • Added:774 day(s) ago
  • Updated:September 13, 2026 at 08:06 AM

Rooms and interior

  • Bedrooms:24
  • Total bathrooms:24
  • Living area:13,716 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1923
  • Building area:13,716 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$284.34
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Experience is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Experience, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Peter Gottuso

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