Recently Listed New Construction 1035 N Serrano
Los Angeles, CA, 90029 $ 4,500,000
Baths3.1 Sq 9,343 Monthly Estimate*
$ 27,707
Listed by Koenig Properties
Studio for $4,500,000 with 3 full baths, 1 half bath. This 9,343 square foot home was built in 2023 on a lot size of 0.1936.
Incredible newer construction five-plex built in 2023, ideally positioned in Prime East Hollywood just moments from the brand-new Echelon Studios Campus. This luxury three-level property features five spacious units, each offering 4 bedrooms, 3.5 bathrooms, and a private rooftop terrace with panoramic views of the Griffith Observatory, the Hollywood Sign, and the Downtown LA skyline. Interiors are finished with premium laminate flooring, recessed lighting, central HVAC, in-unit laundry with stackable washer and dryer, abundant built-ins, and generous storage throughout. Gourmet kitchens include sleek countertops, stainless-steel appliances, and modern cabinetry, while the bright, oversized bedrooms and contemporary bathrooms create a refined and comfortable living experience. Each unit includes one assigned parking space. The property’s location provides a significant advantage, sitting at the edge of East Hollywood’s rapidly expanding entertainment and production hub. Its close proximity to the new Echelon Studios brings increased demand from industry professionals seeking modern housing near work, along with strong long-term value as the surrounding creative corridor continues to grow. Residents also enjoy quick access to Koreatown, Silver Lake, Los Feliz, West Hollywood, and Fairfax, placing premier dining, nightlife, shopping, and cultural destinations within minutes. This exceptional newer five-plex offers luxury living, strong rental appeal, and an unbeatable East Hollywood location. Motivated seller — submit your offer.
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FeaturesGeneralSewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Roof See Remarks
Zoning RD1.5
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 2023
Tenant Pays Electricity Gas See Remarks
View City Lights Landmark
Levels Three Or More
Property Subtype Apartment
Gross Income 0
Community Features Sidewalks
County Los Angeles
Net Operating Income 249050
Operating Expense 58150
Insurance Expense 4000
New Construction true
Property Type Residential Income
HOA false
MaintenanceExpense 1200
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions South of Santa Monica and East of Western
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 5
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 8435
Carport Spaces 5
Carport Y/N true
Number of Units Leased 5
Listing Terms Cash Cash to New Loan Submit
Spa Features None
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 0
Water Sewer Expense 1200
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 28
Total Actual Rent 25600
Property Sub Type Additional Apartment
Taxes 51750
Cap Rate 5.53
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InteriorFireplace Features None
Total Stories 3
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Laundry Features Inside
Entry Level 1
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ExteriorParking Features Covered Carport One Space Tandem
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 10
Lot Size Area 8435
Number of Buildings 1
Spa false
Building Area Total 9343
Lot Size Acres 0.1936
Private Pool false
Lot Size Source Estimated
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $27,707
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,901,944
Percent of Sale Price 58%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/13/2026 | $4,500,000 | | Listed Price |