1536 North Serrano Avenue Los Angeles, CA ^$ 7,995,000

1536 North Serrano Avenue

^$ 7,995,000

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1536 North Serrano Avenue

Los Angeles, CA, 90027

^$ 7,995,000

Studio Baths0.0 Sq 60,525

Monthly Estimate*

^$ 49,878

1536 North Serrano Avenue, Los Angeles, CA 90027 - Image 1

1536 North Serrano Avenue, Los Angeles, CA 90027 - Image 2

1536 North Serrano Avenue, Los Angeles, CA 90027 - Image 3

Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,995,000. This 60,525 square foot home was built in 1969 on a lot size of 0.69.

1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.

Multi-Family Pending

Price

^$ 7,995,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.69

Year Built

1969

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025563617

Features

General

Sewer Sewer Paid

Heating Wall Furnace

Zoning LAR4

Security Features Smoke Detector(s) Automatic Gate Resident Manager Gated Community Fire and Smoke Detection System Fire Sprinkler System

Year Built 1969

Levels Three or More

County Los Angeles

Net Operating Income 484908.0

New Construction No

Property Type C

HOA No

Status Pending

City Los Angeles

Senior Community Y/N No

MLS Area C20 - Hollywood

Lot Size Units Square Feet

Lot Size Square Feet 30152.0

Property Condition Updated/Remodeled Additions/Alterations

Standard Status Pending

Interior

Kitchen Appliances Refrigerator

Heater Fuel Type Natural Gas

Total Stories 3

Heating Y/N Yes

Total Baths 0

Exterior

Parking Features Assigned

Water Source None Public

Lot Size Area 30152.0

Pool Y/N? Yes

Building Area Total 60525.0

Lot Size Acres 0.69

Land Lease Type Fee

* Excluded Features

List By

Glen Scher

Listing Agent

Marcus & Millichap

Broker

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$49,878

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Monthly Principal & Interest: $49,878
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% 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.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,940,597

Percent of Sale Price 76%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/12/2025	$7,995,000	-5.94%	Price Down
7/12/2025	$8,500,000		Listed Price

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1536 North Serrano Avenue, Los Angeles, CA, 90027 is a Multi-Family Home for sale at $7,995,000 with 60,525 sqft and a lot size of 0.69. 1536 North Serrano Avenue is a studio with 0.0 baths and was built in 1969. The property's zip code is 90027 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 9/13/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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1536 North Serrano Avenue

Multi-Family Home for sale in Los Angeles, CA

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