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For Sale

$799,000

1,911 sqft$418/sqft65 days on market

644 N Serrano Avenue

Los Angeles, CA 90004

· 8% down, 7% APR, 30yr fixed

5

Beds

4

Baths

1,911

Square feet

1912

Built

Listing narrative

Description

ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.***The property is back on the market due to the buyer's financing. There were no issues with the property, and all inspection reports are available for your review.***

Listing agent (MLS): Maria Sarmiento · Listing brokerage (MLS): Keller Williams Los Angeles

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$799,000

Beds

5 bd

Type

House

Home Size

1,911 sqft

Baths

4

Lot Size

0.13 acres

Year

1912

Status

For Sale

Days on Market

65

$ / Sqft

$418

· 8% down, 7% APR, 30yr fixed
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Courtesy of Keller Williams Los Angeles