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Off market
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  • $1,596,500

    1157 S Serrano Ave, Los Angeles, CA 90006

    10beds
    8baths
    6,334sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $1,596,500 Zestimate®
    $252/sqft
    $2,204 Estimated rent

    Home value

    $1,596,500

    $1.42M - $1.82M

    $2,204/mo

    Zestimate® history
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    Owner options

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    $2,204/mo

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    $2,204/mo

    Rent Zestimate®

    Refinance and save

    $10,174/mo

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    $10,174/mo

    Est. payment

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    What's special

    Unit Mix- The Subject property comprises of a total of 6,334 rentable square feet and a unit mix consisting of five one-bedroom / one bathroom, two two-bedroom / one bathroom, and one Bachelor unit. On-Site Parking - On-site parking for 6 cars is available at the rear of the property accessible on 12th St. Two additional secured spaces are located on 12th separated from the rear lot for a total of eight parking spaces. This property requires a soft-story parking retrofit. Communal Laundry Facilities -All tenants have access to communal laundry machines which are located on-site. Upside in Rents -The property is subject to Los Angeles City Rent Control. There is approximately 54% upside in rents. A number of units are currently due increase. Attractive Purchase Financing -New financing is available. Please call listing agent for more details.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    • Bathrooms: 8
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    Interior area
    • Total interior livable area: 6,334 sqft

    Property

    Parking
    • Total spaces: 8
    Lot
    • Size: 6,216 Square Feet
    Details
    • Parcel number: 5080013001

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1964

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $252/sqft

    Price history

    DateEventPrice
    6/1/2022Sold$1,550,000-10.9%$245/sqft
    Source: Agent Provided Report a problem
    10/7/2020Listing removed$1,740,000$275/sqft
    Source: James Capital Advisors, Inc. #20572776 Report a problem
    8/5/2020Price change$1,740,000-2.8%$275/sqft
    Source: James Capital Advisors, Inc. #20572776 Report a problem
    4/22/2020Listed for sale$1,790,000+2.3%$283/sqft
    Source: James Capital Advisors, Inc. #20572776 Report a problem
    4/13/2019Listing removed$1,750,000$276/sqft
    Source: Marcus & Millichap #19436064 Report a problem
    2/20/2019Price change$1,750,000-4.1%$276/sqft
    Source: Marcus & Millichap #19436064 Report a problem
    2/12/2019Price change$1,825,000-1.4%$288/sqft
    Source: Marcus & Millichap #18418018 Report a problem
    12/31/2018Price change$1,850,000-5.1%$292/sqft
    Source: Marcus & Millichap #18418018 Report a problem
    12/6/2018Price change$1,950,000-8.2%$308/sqft
    Source: Marcus & Millichap #18413780 Report a problem
    11/21/2018Listed for sale$2,125,000+42.6%$335/sqft
    Source: Marcus & Millichap #18409748 Report a problem
    4/21/2015Listing removed$1,490,000$235/sqft
    Source: New Star Realty & Investment #SB15049503 Report a problem
    3/10/2015Listed for sale$1,490,000$235/sqft
    Source: New Star Realty & Investment #SB15049503 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Koreatown

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,596,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,596,500