Los Angeles, CA 90006,969 S Serrano Ave
Los Angeles, CA 90006,969 S Serrano Ave
Los Angeles, CA 90006,969 S Serrano Ave
17
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$2,295,000
Est. payment /mo
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9 Beds
12 Baths
9,210 SqFt
Price Dropped by $100K

969 S Serrano Ave Los Angeles, CA 90006

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Asianna Joyce

Asianna Joyce

Christie's International Real Estate

+1(310) 717-8030

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,210 sqft

Price per Sqft $249

MLS Listing ID 25609687

Bedrooms 9

Year Built 1928

Lot Size 6,211 Sqft

Acres 0.1426

Property Sub-Type Multi-Family

Property Description

We proudly present 969 S. Serrano Avenue, a well-maintained and gated 12-unit apartment community located in the highly desirable neighborhood of Koreatown--one of Los Angeles' most dynamic and rapidly evolving rental markets. Built in 1925 and offering 9,210 square feet of living space on a 6,209 square foot lot, this classic two-story building features an attractive unit mix of nine (1-bedroom/1-bathroom) units, two (2-bedroom/1-bathroom) units, and one studio apartment. The property has been thoughtfully maintained and upgraded over the years, featuring full copper plumbing, a new roof installed three years ago, dual-pane windows throughout, and updated heating systems with new heaters and vents for improved efficiency and comfort. The foundation has been anchored with new sill plate bolts, and cripple walls have been reinforced with plywood for enhanced seismic safety. Common areas and most units have been renovated, providing a turnkey investment with minimal immediate capital needs.The building is master-metered for gas and electricity, streamlining management and reducing utility expenses for ownership. With a Walk Score of 98, its prime Koreatown location offers residents convenient access to public transportation, major employment centers, shopping, dining, and entertainment throughout Koreatown and nearby Downtown Los Angeles. With strong in-place income, modern upgrades, and continued rental upside, 969 S. Serrano Avenue presents an exceptional opportunity for investors seeking a stable, high-performing asset in one of Los Angeles' most proven rental corridors.

Location

State CA

County Los Angeles

Area Mid-Wilshire

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment None

Exterior

Parking Features On street

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Lyon Stahl Investment Real Estate, Inc.

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Asianna Joyce

Asianna Joyce

Agent | License ID: 02204089

+1(310) 717-8030

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969 S Serrano Ave