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  • 1000 N Serrano Avenue

1000 N Serrano Avenue, Los Angeles, CA 90029

$3,900,000 Approx. USD 24 beds, 24 baths
13,716 sqft
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Photo of Rebecca Alvarado

Rebecca Alvarado REALTOR® - Broker Associate 323-240-9219 m
323-685-1131 o
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Text Me
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626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Max Berger | max@kennystevensteam.com
Lic#: 02054048
Broker: Courtesy of Compass
Phone: 818-321-4972

Agent Remarks

1000 N. Serrano is a 13,716 SF 3-story complex featuring (24) 1-bdrm. units. The property is offered at 6.75% CAP and 8.63 GRM on current rents, $162,500 per unit, and $284 per foot. There is approx. 52% rental upside compared to renovated units in the area. This value-add opportunity will stabilize at a 12.53% CAP and 5.68 GRM at projected market rents. 1000 N. Serrano is located minutes from the heart of Hollywood. Located just south of Santa Monica Blvd, the property is near several large-scale production studios such as Sunset Gower Studios, Paramount Studios, Netflix, an array of retailers, cafes, and restaurants along Sunset Blvd. In addition, 1000 N. Serrano is 1 mile south of the Hollywood/Western Metro Red Line Station, and is close to several major thoroughfares including Sunset Blvd, Hollywood Blvd, and the 101 Freeway. Property amenities include gated entry and a community laundry room. 1000 N. Serrano can be purchased individually or as part of a 5-property portfolio in Melrose Hill and Westlake. Please contact LA1 for more information.

Listing Details

Property type: (Multi-Family)
Status: Pending
MLS# 24421525
Price: $3,900,000
Beds: 24
Baths: 24
Built in 1923
13,716 sqft
0.13 acres
Lot size: 0.1250
County: Los Angeles
Zoning: LARD1.5
Parking description: None
Heating description: Wall Furnace
MLS area: C20 - Hollywood

Last Updated: 6/12/2026

 Days On Market (DOM): 10

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This listing belongs to the C20 - Hollywood MLS area

Lat/Long: 34.088652, -118.306122.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Rebecca Alvarado

Rebecca Alvarado REALTOR® - Broker Associate 323-240-9219 m
323-685-1131 o
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com Text Me
Call My Cell
Call My Office
626-568-8120 f
Lic#: 00912906
NRDS ID: 190002760
HomesByBecky@bhhscal.com
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