Prime development opportunity in the heart of Koreatown! Two adjacent parcels at 1056 S. Serrano AVE ( 4units) and 1057 S Hobart Blvd ( 3units). are being sold together, offering a combined lot size of approximately 12,518 SF with R 4-1 zoning. The property included 3units and 4 units, totaling about 6,448 SF of living space. Located in a high - demand, transit oriented area near public transit, major freeways, and retail and commercial hubs. Positioned within a TOC Tier 4 zone, its perfect for increased density and development. This is an ideal opportunity for multifamily development or value add investors. Don't miss out! Please DON'T DISTURB TENANTS. Drive by only !!
For sale
$1,680,000
1056 S Serrano Ave, Los Angeles, CA 90006
7beds
7baths
4,049sqft
Est.:
Multi Family
Built in 1937
-- sqft lot
$-- Zestimate®
$415/sqft
$-- HOA
What's special
- 120 days
- on Zillow |
- 47 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: May 29, 2025 at 02:56am
Listed by:
Kyong Starrett DRE # 01762611 213-864-2145,
New Star Realty 213-385-4989
Source: CLAW,MLS#: 25502915

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 7
Heating
- Other
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Microwave
Interior area
- Total structure area: 4,049
- Total interior livable area: 4,049 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Two
Lot
- Size: 6,211.66 Square Feet
Details
- Additional structures: None
- Parcel number: 5080017021
- Zoning: LAR4
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1937
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $415/sqft
- Tax assessed value: $492,413
- Annual tax amount: $6,418
- Date on market: 2/25/2025
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