350 S S. Serrano Avenue Los Angeles, CA 90023

$1,650,000
350 S S. Serrano Avenue, Los Angeles, CA 90023
18010985

Multi-Family Home for sale in Los Angeles, CA

for $1,650,000. This home was built in 1953 on a lot size of 7504.00 Sqft..

Property Information

  • $1,650,000
  • Multi-Family
  • Active
  • Lot size of 7504.00 Sqft.
  • Built in 1953
  • Los Angeles, CA
  • Wilshire Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18010985
  • Just Listed

Description

BIG PRICE REDUCTION OF $50, 000!!!EXP Realty Commercial is proud to present you with a great investment opportunity in the most desirable location and in the heart of L.A. This 1953 magnificent building consists of 5 units which holds (2) 2bed+1 bath and (3)1 bed+1bath. This building is a prime opportunity for any investors to upgrade and capture the untapped cash flow potential. Rent comparables based on neighborhood properties shows that this property has the potential to increase the current rent above +/-45%, taking rent control into consideration. Excellent location, 3 blocks from Metro station and elementary school. Peaceful and safe environment with existing tenants. Call Siran Schiff for more information, @

Interior 1

Heating System

  • Central Heat

Exterior 3

Construction

  • Stucco

Parking

  • 1-20 Assigned Parking Spaces
  • 1-20 Covered Parking Spaces
  • 1-20 Parking Spaces

Roof

  • Tile

Rental 2

Landlord Pays

  • Water

Tenant Pays

  • Electric
  • Gas
  • WaterHeater

† Excluded Feature

Listed By

Listing Agent: Siranoush K Schiff
Broker: EXP REALTY OF CALIFORNIA, INC.

350 S S. Serrano Avenue , Los Angeles, CA, 90023 is a Multi-Family Home for sale at $1,650,000 with a lot size of 7504.00 Sqft.. 350 S S. Serrano Avenue has 0.0 baths and was built in 1953. The property's zip code is 90023 which is in Los Angeles, CA

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $1,968,934 19 % above $915,000 45 % below
Multi-family listings in Los Angeles $1,331,125 19 % below $1,425,000 14 % below

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363