211 Serrano, Los Angeles, CA 90004
Local realty services provided by:CENTURY 21 Masters
211 Serrano,Los Angeles, CA 90004
$1,200,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kirk garabedian
Office: keller williams r. e. services
MLS#:GD26236164
Source:MLSListings
Price summary
- Price:$1,200,000
About this home
We are pleased to present 209–211 N. Serrano Avenue, an attractive, 100% occupied triplex investment opportunity situated in a desirable residential pocket of Central Los Angeles. The property offers an appealing combination of immediate cash flow, newer construction, and rental upside in a well-established neighborhood. Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction. Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions. The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopp...
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Home facts
- Year built:2024
- Listing ID #:GD26236164
- Added:1 day(s) ago
- Updated:November 05, 2026 at 06:11 PM
Heating and cooling
- Heating:Central Forced Air
Structure and exterior
- Year built:2024
- Lot area:0.15 Acres
- Lot Features:Level
- Levels:1 Story
Utilities
- Water:District - Public
Finances and disclosures
- Price:$1,200,000
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