857 Serrano Place, Los Angeles, CA 90029

• 3 beds |
• 4 baths |
• 1,956 sqft

Property Description

Exceptional four-unit property spanning 1,956 square feet, situated on a spacious 4,727 square foot lot. One unit can be delivered **vacant**, offering flexible options. There's ample space to add 1 more ADU in the backyard, increasing rental income potential. Enjoy stunning views of the vibrant neighborhood and iconic Hollywood, capturing the area's charm. All four units currently benefit from long-term, reliable tenants, with rents below market rates, presenting an excellent opportunity for significant rent increases. Some units feature tasteful renovations, enhancing their appeal. Located in the lively, picturesque Melrose Hill within the Hollywood Studio District, this property is an outstanding investment opportunity awaiting the right owner to realize its full potential.

Listing Status:

Active

Date Added:

April 29, 2025 at 05:00AM

Listing Office:

Global Platinum Properties, Inc. : 424-394-1030

Listing Agent:

Armin Soleimani : 310-666-2246

MLS ID:

25531939

Interior

• Heating: Wall Furnace

Exterior

• Parking: Door-MultiGarageParking spaces: 4

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR15535027009

Financial

• Source: CRMLS_CL

This listing courtesy of Armin Soleimani, Global Platinum Properties, Inc.