1616 North Serrano Avenue, Los Angeles, CA 90027

$12,995,000 Approx. USD 41 beds, 41 baths
23,671 sqft

Agent Remarks

NO RENT CONTROL BUILDING BUILT IN 1990. Excellent location in a very desirable high demand area, walking distance to shops, restaurants, grocery stores, Metro Subway and much more. A skip hop to Downtown LA, Silver Lake, and located in Little Armenia Hollywood area. Very well maintained building with 27 multi-family units with 14 units 2 bedrooms and 2 full baths and 13 units with 1 bedrooms with 1 full baths. Rents are below market value with huge upside potential. All units consist of fire place, dishwashers, refrigerators, gas stoves, balconies, A/C, wood flrs, washers & dryers on each floor, most units have laminated hardwood floors, top floors have high ceilings, most units with magnificent views of the Downtown LA, City Lights views, The Griffith Park Observatory and the Hollywood Hills. Separate gas meters. Gated and security controlled access by intercom. PLEASE DO NOT DISTURB TENANTS. DRIVE BY ONLY. NO SIGN ON PROPERTY. SHOWINGS ONLY WITH ACCEPTED OFFER.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 16-131810
List price is $12,995,000 Reduced by $2,005,000 on 8/17/2016
Beds: 41
Baths: 41
Built in 1990
23,671 sqft
3 Stories stories
County: Los Angeles
Property style: Contemporary
Zoning: LAR4
Parking type: Community Garage,Underground,Garage Is Attached,Gated Underground Parking
Interior features: Other,Intercom
Appliances: Dishwasher,Refrigerator
Parking description: Controlled Entrance,Gated
Lot description: Walk Street
Heating description: Central Furnace
MLS area: Hollywood (C20)

Last Updated: 12/4/2016

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This listing belongs to the Hollywood (C20) MLS area

The style of this listing is Contemporary.
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The listing is zoned LAR4.
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Lat/Long: 34.100445, -118.306717.
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Broker: Courtesy of Nelson Shelton Real Estate Era Powered
Listing Agent: Gosia Miras

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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