Listing Courtesy of: CRMLS / Listed By: Kirk Garabedian, Keller Williams R. E. Services - Contact: 818-298-8810
211 N Serrano Los Angeles, CA 90004
Active (0 Days)
$1,200,000 (USD)
2,749
SQFT
Description
MLS #:
GD26236164
GD26236164
Lot Size
6,566 SQFT
6,566 SQFT
Type
Multifamily
Multifamily
Year Built
2024
2024
County
Los Angeles County
Los Angeles County
Listed By
Kirk Garabedian, Keller Williams R. E. Services, Contact: 818-298-8810
Source
CRMLS
Last checked Nov 3 2026 at 11:30 AM GMT+0000
CRMLS
Last checked Nov 3 2026 at 11:30 AM GMT+0000
Bathroom Details
Interior Features
- Laundry: Inside
Lot Information
- Rectangular Lot
- Street Level
Heating and Cooling
- Central
- Energy Star Qualified Equipment
Utility Information
- Utilities: Water Source: Public
- Sewer: Public Sewer
Stories
- 1
Additional Information: Keller Williams R. E. Services | 818-298-8810
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of {11/3/26 03:30} and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.
Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction.
Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions.
The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility.
With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.