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For sale
  • Listed by: Vic J. Diermendjian • Vic Deirmendjian • Contact: 818-519-6755
    $3,250,000

    1537 N Serrano Ave, Los Angeles, CA 90027

    64beds
    8baths
    5,952sqft
    : 
    $21,345/mo
    Get pre-qualified
    Mixed Use
    Built in 1919
    -- sqft lot
    $-- Zestimate®
    $546/sqft
    $-- HOA

    What's special

    Side yardFront porchBeautiful mature treesGarden settingGranite counter topsHardwood floors
    Major price adjustment - Owner wants this sold - Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes. Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues. Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement. All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
    254 days
    |
    93
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Vic Deirmendjian DRE #00599219 818-519-6755,

    Vic J. Diermendjian,

    NONE NONE DRE #N/A,

    None MRML

    Source: CRMLS,MLS#: SR25271090MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 64
      • Bathrooms: 8
      Appliances
      • Included: Gas Range, Water Heater
      • Laundry: Inside
      Features
      • Granite Counters
      • Has fireplace: Yes
      • Fireplace features: Bath, Electric, Gas, Kitchen, Living Room, Outside
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 5,952
      • Total interior livable area: 5,952 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: ground
      • Pool features: None
      Lot
      • Size: 0.37 Acres
      • Features: 16-20 Units/Acre
      Details
      • Parcel number: 5544022016
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow,Custom,See Remarks
      • Property subtype: Mixed Use
      Condition
      • New construction: No
      • Year built: 1919

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Biking, Curbs, Street Lights, Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $546/sqft
      • Tax assessed value: $3,084,930
      • Annual tax amount: $38,284
      • Date on market: 12/5/2025
      • Cumulative days on market: 255 days
      • Listing terms: Cash,Conventional,1031 Exchange
      • Tenant pays: Cable TV, Electricity, Gas

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,642/mo

        Price history

        DateEventPrice
        4/21/2026Price change$3,250,000-9.7%$546/sqft
        Source: CRMLS #SR25271090 Report a problem
        2/17/2026Price change$3,600,000-5.3%$605/sqft
        Source: CRMLS #SR25271090 Report a problem
        12/5/2025Listed for sale$3,800,000+33.3%$638/sqft
        Source: CRMLS #SR25271090 Report a problem
        11/10/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        10/10/2022Listed for rent$2,395-2.2%
        Source: Zillow Rental Manager Report a problem
        3/11/2022Listing removed--
        Source: Zillow Rental Manager Report a problem
        2/16/2022Listed for rent$2,450+1%
        Source: Zillow Rental Manager Report a problem
        7/22/2021Listing removed--
        Source: Zillow Rental Manager Report a problem
        7/12/2021Listed for rent$2,425
        Source: Zillow Rental Manager Report a problem
        11/17/2020Sold$2,850,000$479/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$38,284 +1%$3,084,930 +2%
        2024$37,887 +1.9%$3,024,442 +2%
        2023$37,166 +4.8%$2,965,140 +2%
        2022$35,471 +1.8%$2,907,000 +2%
        2021$34,859 +942.8%$2,850,000 +1623.2%
        2020$3,343 $165,390 +2%
        2019$3,343 +6.5%$162,148 +2%
        2018$3,139 $158,970 +2%
        2017$3,139 +3%$155,854 +2%
        2016$3,048 +4.4%$152,799 +1.5%
        2015$2,920 -1.1%$150,505 +2%
        2014$2,954 $147,557 +5%
        2009-- $140,469 +4%
        2007-- $135,017 +2%
        2006-- $132,370
        2005-- $132,370 +4%
        2004-- $127,232 +1.9%
        2003-- $124,901 +2%
        2002-- $122,453 +4%
        2000-- $117,700
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Hollywood

        Getting around

        87 / 100
        Very Walkable
        68 / 100
        Good Transit
        69 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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