969 S Serrano Avenue, Los Angeles, CA 90006
Local realty services provided by:ERA Excel Realty
969 S Serrano Avenue,Los Angeles, CA 90006
$2,395,000
- 9 Beds
- 12 Baths
- 9,210 sq. ft.
- Multi-family
- Active
Listed by:derrick vartanian
Office:lyon stahl investment real estate, inc.
MLS#:25609687
Source:CRMLS
Price summary
- Price:$2,395,000
- Price per sq. ft.:$260.04
About this home
We proudly present 969 S. Serrano Avenue, a well-maintained and gated 12-unit apartment community located in the highly desirable neighborhood of Koreatown--one of Los Angeles' most dynamic and rapidly evolving rental markets. Built in 1925 and offering 9,210 square feet of living space on a 6,209 square foot lot, this classic two-story building features an attractive unit mix of nine (1-bedroom/1-bathroom) units, two (2-bedroom/1-bathroom) units, and one studio apartment. The property has been thoughtfully maintained and upgraded over the years, featuring full copper plumbing, a new roof installed three years ago, dual-pane windows throughout, and updated heating systems with new heaters and vents for improved efficiency and comfort. The foundation has been anchored with new sill plate bolts, and cripple walls have been reinforced with plywood for enhanced seismic safety. Common areas and most units have been renovated, providing a turnkey investment with minimal immediate capital needs.The building is master-metered for gas and electricity, streamlining management and reducing utility expenses for ownership. With a Walk Score of 98, its prime Koreatown location offers residents convenient access to public transportation, major employment centers, shopping, dining, and entertainment throughout Koreatown and nearby Downtown Los Angeles. With strong in-place income, modern upgrades, and continued rental upside, 969 S. Serrano Avenue presents an exceptional opportunity for investors seeking a stable, high-performing asset in one of Los Angeles' most proven rental corridors.
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Home facts
- Year built:1928
- Listing ID #:25609687
- Added:1 day(s) ago
- Updated:October 23, 2025 at 03:36 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:12
- Living area:9,210 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnace
Structure and exterior
- Year built:1928
- Building area:9,210 sq. ft.
- Lot area:0.14 Acres
Finances and disclosures
- Price:$2,395,000
- Price per sq. ft.:$260.04
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