1000 N Serrano Ave Los Angeles, CA 90029
East Hollywood NeighborhoodEstimated payment $24,851/month
About This Home
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
Home Type
- Multi-Family
Year Built
- Built in 1923
Lot Details
- 5,445 Sq Ft Lot
- Gated Home
Interior Spaces
- 13,716 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 24 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
- Cable TV Available
Community Details
- 24 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 5536-026-003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $49,846 | $4,015,863 | $2,409,519 | $1,606,344 |
| 2024 | $49,204 | $3,937,122 | $2,362,274 | $1,574,848 |
| 2023 | $48,266 | $3,859,924 | $2,315,955 | $1,543,969 |
| 2022 | $46,055 | $3,784,241 | $2,270,545 | $1,513,696 |
| 2021 | $45,440 | $3,710,041 | $2,226,025 | $1,484,016 |
| 2020 | $45,895 | $3,676,080 | $2,203,200 | $1,472,880 |
| 2019 | $44,098 | $3,604,080 | $2,160,000 | $1,444,080 |
| 2018 | $30,641 | $2,417,943 | $1,412,993 | $1,004,950 |
| 2016 | $29,160 | $2,320,132 | $1,358,126 | $962,006 |
| 2015 | $28,748 | $2,285,282 | $1,337,726 | $947,556 |
| 2014 | $28,985 | $2,240,517 | $1,311,522 | $928,995 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/09/2024 08/09/24 | Pending | -- | -- | -- | |
| 07/30/2024 07/30/24 | For Sale | $3,900,000 | +8.3% | $284 / Sq Ft | |
| 07/31/2018 07/31/18 | Sold | $3,600,000 | -10.0% | $262 / Sq Ft | View Prior Sale |
| 05/22/2018 05/22/18 | Pending | -- | -- | -- | |
| 02/24/2018 02/24/18 | Price Changed | $3,999,000 | -5.9% | $292 / Sq Ft | |
| 12/21/2017 12/21/17 | For Sale | $4,250,000 | -- | $310 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $3,600,000 | None Available | |
| Grant Deed | -- | Old Republic Title Company | |
| Grant Deed | $2,325,000 | North American Title Co | |
| Grant Deed | -- | -- | |
| Grant Deed | -- | Chicago Title | |
| Quit Claim Deed | -- | Chicago Title | |
| Grant Deed | -- | -- | |
| Individual Deed | $615,000 | Commonwealth Land Title | |
| Corporate Deed | -- | Gateway Title | |
| Grant Deed | $440,000 | Gateway Title Company | |
| Grant Deed | $340,000 | Fidelity National Title Ins | |
| Trustee Deed | $335,000 | -- | |
| Trustee Deed | $184,464 | First Southwestern Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,514,000 | Commercial | |
| Previous Owner | $2,300,000 | Commercial | |
| Previous Owner | $1,730,000 | Commercial | |
| Previous Owner | $1,260,000 | Commercial | |
| Previous Owner | $270,000 | Commercial |
Source: The MLS
MLS Number: 24-421525
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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