1056 S Serrano, Los Angeles, CA 90006
1056 S Serrano, Los Angeles, CA 90006
1056 S Serrano, Los Angeles, CA 90006
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by David Abas, DRE #01422571 • Equity Union
$2,499,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSR26070209

Year Built 1937

Lot Size 0.285 Acres

Source California Regional MLS

Property Description

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels-1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)-to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles' most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Interior

Laundry None

Exterior

Garage Spaces 2.0

Pool None

Building

Sewer TBD

Water District - Public

Others

Tax ID 5080017021

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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1056 S Serrano

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