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For SaleLuxury

$2,499,000

12,402 sqft$201/sqft209 days on market

1056 S Serrano Ave

Los Angeles, CA 90006

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

12,402

Square feet

1937

Built

Listing narrative

Description

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels—1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)—to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

Listing agent (MLS): David Abas · Listing brokerage (MLS): Equity Union

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

$2,499,000

Beds

Beds n/a

Type

Condo

Home Size

12,402 sqft

Baths

Baths n/a

Lot Size

0.28 acres

Year

1937

Status

For Sale

Days on Market

209

$ / Sqft

$201

· 8% down, 7% APR, 30yr fixed
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Courtesy of Equity Union