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.
Property Details
Price:
$3,900,000
MLS #:
24421525
Status:
Pending
Beds:
24
Baths:
24
Type:
Single Family
Neighborhood:
c20hollywood
Listed Date:
Jul 30, 2024
Finished Sq Ft:
13,716
Total Sq Ft:
13,716
Lot Size:
5,445 sqft / 0.13 acres (approx)
Year Built:
1923
See this Listing
Schools
Interior
Heating
WL
Exterior
Security Features
GC
Financial
Map
Community
- Address1000 N Serrano AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90029
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 30, 2025
1,695
Single Family Listed
76
Avg DOM
1,070
Avg $ / SqFt
$1,961,687
Avg List Price
Property Summary
- 1000 N Serrano AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90029. It is listed for $3,900,000 and features 24 beds, 24 baths, and has approximately 13,716 square feet of living space, and was originally constructed in 1923. The current price per square foot is $284. The average price per square foot for Single Family listings in Los Angeles is $1,070. The average listing price for Single Family in Los Angeles is $1,961,687.
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Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1000 N Serrano AV
Los Angeles, CA