We are pleased to present for sale, The Serrano by Three Apartments, located at 333. S Serrano Ave. This prime Koreatown location is just north of 3rd Street and one block east of Western Ave., offering easy access to the Wilshire/Western Metro Station, shopping, entertainment, and other submarkets like Hollywood, Downtown LA, Silverlake, and Larchmont Village. The Serrano features 10 units with two 1 Bedroom/1 Bath and eight 2 Bedroom/2 Baths. The property has on-grade parking, and the building has been seismically retrofitted, with eight singles and three tandem parking spaces. Utilities are individually metered for both gas and electricity. The property has a solar system that generates electricity for the house meter. Within Koreatown, apartment buildings just east or west of Western Blvd have historically achieved higher rents than other locations within this submarket. New ownership can take a different approach and realize higher rents by extensively renovating the units and common areas, attracting millennial tenants who have proven to pay more for luxury units. The building is a very short walk to all that Koreatown has to offer.
Property Details
Price:
$2,000,000
MLS #:
25558351
Status:
Active
Baths:
0
Address:
333 S Serrano Avenue
Type:
Residential Income
Neighborhood:
c17midwilshire
City:
Los Angeles
Listed Date:
Jun 27, 2025
State:
CA
ZIP:
90020
Lot Size:
9,014 sqft / 0.21 acres (approx)
Year Built:
1961
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace
Exterior
Parking Features
Community Structure
Parking Spots
14.00
Stories Total
2
Financial
Map
Community
- Address333 S Serrano Avenue Los Angeles CA
- AreaC17 – Mid-Wilshire
- CityLos Angeles
- CountyLos Angeles
- Zip Code90020
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333 S Serrano Avenue
Los Angeles, CA
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