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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 2,599,000

Est. payment | -/mo

5 Beds

5 Baths

0.28 Acres Lot

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$ 2,599,000

Est. payment | -/mo

Save

5 Beds

5 Baths

0.28 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26070209

Bedrooms 5

Lot Size 0.285 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

Location

State CA

County Los Angeles

Zoning Assessor

Direction Waze

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 5080017021

Acceptable Financing Cash

Listing Terms Cash

Listed by David Abas, DRE#01422571 Equity Union

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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1056 S Serrano Los Angeles, CA 90006