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Listing Courtesy Of: New Star Realty, 213-385-4989, Kyong Starrett

Local Realty Services Provided By: Keller Williams Realty Larchmont

Overview

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Neighborhood

Similar Homes

$1,680,000

1056 S Serrano Ave, Los Angeles, CA 90006

7 Beds

7 Baths

sq ft

$1,680,000

1056 S Serrano Ave, Los Angeles, CA 90006

Estimation provided by Keller Williams Realty Inc.

7 Beds

7 Baths

sq ft

Active

For Sale

Property Description

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Prime development opportunity in the heart of Koreatown! Two adjacent parcels at 1056 S. Serrano AVE ( 4units) and 1057 S Hobart Blvd ( 3units). are being sold together, offering a combined lot size of approximately 12,518 SF with R 4-1 zoning. The property included 3units and 4 units, totaling about 6,448 SF of living space. Located in a high - demand, transit oriented area near public transit, major freeways, and retail and commercial hubs. Positioned within a TOC Tier 4 zone, its perfect for increased density and development. This is an ideal opportunity for multifamily development or value add investors. Don't miss out! Please DON'T DISTURB TENANTS. Drive by only !!

Property Details

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Overview

Property Type

Residential Income

Property Size

sq ft

Year Built

1937

Days on Site

24 Days

Parking

Yes

Josana J at Keller Williams Hollywood Hills

Josana Joseph

Keller Williams Hollywood Hills

DRE # 02222551

(347) 437-8713

Josana@kw.com

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Activity History

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Data provided by Keller Williams Realty, Inc.

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Purchase Price: $1,680,000

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Price & Tax History

Date

Event

Price

02/25/2025

Listed

$1,680,000

(+394.12%)

07/20/2001

Sold

$340,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2023

$6,304

(+4.56%)

$482,759

Land 220,081 + Additions 262,678

2022

$6,029

(+1.64%)

$464,015

Land 211,536 + Additions 252,479

2021

$5,932

(+2.95%)

$464,015

Land 211,536 + Additions 252,479

2019

$5,762

(+8,555.1%)

$459,258

Land 209,367 + Additions 249,891

2017

$66.57

$441,427

Land 197,293 + Additions 235,480

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.