Los Angeles, CA 90020,333 S Serrano Ave
Los Angeles, CA 90020,333 S Serrano Ave
Los Angeles, CA 90020,333 S Serrano Ave
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$2,000,000
Est. payment /mo
18 Beds
18 Baths
9,480 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,480 sqft

Price per Sqft $210

MLS Listing ID 25558351

Bedrooms 18

Year Built 1961

Lot Size 9,014 Sqft

Acres 0.2069

Property Sub-Type Multi-Family

Property Description

We are pleased to present for sale, The Serrano by Three Apartments, located at 333. S Serrano Ave. This prime Koreatown location is just north of 3rd Street and one block east of Western Ave., offering easy access to the Wilshire/Western Metro Station, shopping, entertainment, and other submarkets like Hollywood, Downtown LA, Silverlake, and Larchmont Village. The Serrano features 10 units with two 1 Bedroom/1 Bath and eight 2 Bedroom/2 Baths. The property has on-grade parking, and the building has been seismically retrofitted, with eight singles and three tandem parking spaces. Utilities are individually metered for both gas and electricity. The property has a solar system that assists in generating electricity for the water heater. Within Koreatown, apartment buildings just east or west of Western Blvd have historically achieved higher rents than other locations within this submarket. New ownership can take a different approach and realize higher rents by extensively renovating the units and common areas, attracting millennial tenants who have proven to pay more for luxury units. The building is a very short walk to all that Koreatown has to offer.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features Community Garage

Garage Spaces 14.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


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TheMLS (CLAW)
Listed by Iconic Investments

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Kirshner Elkin Properties

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hello@kirshnerelkinproperties.com

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