CA > Los Angeles
Los Angeles, CA 90027,1536 N Serrano Ave
Los Angeles, CA 90027,1536 N Serrano Ave
Los Angeles, CA 90027,1536 N Serrano Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$8,500,000
Est. payment /mo
99 Beds
66 Baths
60,525 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 60,525 sqft

Price per Sqft $140

MLS Listing ID 25563617

Style Low Rise

Bedrooms 99

Construction Status Additions/Alter, Updated/Remodeled

Year Built 1969

Lot Size 0.692 Acres

Acres 0.6922

Property Sub-Type Multi-Family

Property Description

1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.

Location

State CA

County Los Angeles

Area Hollywood

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Hot Water Circulator, Wall, Natural Gas

Cooling Wall Unit(s)

Equipment Elevator, Range/Oven, Refrigerator, Hood Fan

Exterior

Parking Features Gated, Gated Underground, Assigned

Garage Spaces 72.0

Waterfront Description None

View Y/N No

View None

Building

Story 3

Sewer In Connected and Paid

Water Paid, Meter on Property, District

Architectural Style Low Rise

Level or Stories Three Or More

Construction Status Additions/Alter, Updated/Remodeled

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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Kirshner Elkin Properties

+1(424) 214-0133

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