1537 Serrano Ave Los Angeles, CA 90027
East Hollywood NeighborhoodEstimated payment $23,729/month
Highlights
- Custom Home
- 0.37 Acre Lot
- Granite Countertops
- STEM Academy at Bernstein High Rated A-
- Fireplace in Bathroom
- Laundry Room
About This Home
Eight charming Craftsman homes on a rare large approximately 16,000 sq. ft. TOC lot in a garden setting, beautiful mature trees, in Hollywood's entertainment and lifestyle neighborhood. Each home has been upgraded with granite counter tops, but still maintain the character and design of the Arts and Crafts design with built in generous sized cabinets, hardwood floors, front porch, side yard and a space for a personal garden for each of the homes.
Within walking distance of public transportation, Target, Home Depot, Walgreens, Food 4 Less, Ralphs, Ross For Less, Pets Mart, Starbucks and other retail stores and restaurants. Close to Netflix offices, KTTV, Paramount Studios, KTLA and other entertainment venues.
Due to its large lot size, explore the potential for developing a three story, multifamily project. Enjoy a strong gross income of $196,690 per annum during entitlement.
All information provided with no warranties expressed or implied. Broker has not verified nor will broker verify the income or expenses or any other information. Buyer to perform its own due diligence and rely on its experts as to the value, current rents and potential market rents, property conditions, lot size or unit sizes.
Listing Agent
Vic J. Diermendjian Brokerage Phone: 818-519-6755 License #00599219 Listed on: 12/05/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1919
Lot Details
- 0.37 Acre Lot
- No Common Walls
- Density is 16-20 Units/Acre
Home Design
- Custom Home
- Bungalow
- Entry on the 1st floor
Interior Spaces
- 5,952 Sq Ft Home
- 1-Story Property
- Electric Fireplace
- Gas Fireplace
- Living Room with Fireplace
- Laundry Room
Kitchen
- Gas Range
- Granite Countertops
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 8 Bedrooms
- 1 Bathroom
- Fireplace in Bathroom
Outdoor Features
- Fireplace in Patio
- Exterior Lighting
Utilities
- Natural Gas Connected
- Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 4
- Tax Tract Number 16
- Assessor Parcel Number 5544022016
- $1,602 per year additional tax assessments
Community Details
Overview
- 8 Buildings
- 8 Units
Recreation
- Bike Trail
Building Details
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $10,800
- Professional Management Expense $8,160
- Water Sewer Expense $6,000
- Operating Expense $29,460
- Gross Income $196,690
- Net Operating Income $167,230
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $3,800,000 | -- | $638 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25271090
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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
- 1536 Serrano Ave
- 1525 N Hobart Blvd
- 5427 Carlton Way
- 1610 N Hobart Blvd
- 1630 N Harvard Blvd
- 1559 Winona Blvd Unit D2
- 5347 Fountain Ave
- 1746 Garfield Place Unit 102
- 1746 Garfield Place Unit 302
- 1746 Garfield Place Unit 101
- 1746 Garfield Place Unit 202
- 1746 Garfield Place Unit 203
- 1340 N Kingsley Dr
- 5633 Carlton Way Unit 203
- 1802 N Western Ave
- 1269 N Harvard Blvd
- 1811 N Kingsley Dr
- 1265 N Harvard Blvd
- 1817 Garfield Place
- 5426 La Mirada Ave
- 5432 Harold Way
- 1545 N Hobart Blvd
- 1525 N Hobart Blvd
- 1616 N Serrano Ave
- 1615 N Hobart Blvd
- 5409 Carlton Way
- 1629 N Hobart Blvd Unit 1
- 1635 N Hobart Blvd
- 1640 N Hobart Blvd
- 5529-5533 Harold Way
- 5411 Hollywood Blvd
- 1537 N Kingsley Dr
- 1535 N Kingsley Dr
- 5550 Hollywood Blvd
- 5555 Harold Way
- 5555 Carlton Way Unit 19
- 5555 Carlton Way Unit 17
- 1548 N Kingsley Dr
- 5217 Hollywood Blvd Unit 226
- 5217 Hollywood Blvd Unit 222