CA > Los Angeles
Los Angeles, CA 90027,1536 N Serrano AVE
Los Angeles, CA 90027,1536 N Serrano AVE
Los Angeles, CA 90027,1536 N Serrano AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$8,500,000
Est. payment /mo
99 Beds
66 Baths
60,525 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 60,525 sqft

Price per Sqft $140

MLS Listing ID 25563617

Bedrooms 99

Construction Status Additions/Alterations,Updated/Remodeled

HOA Y/N No

Year Built 1969

Lot Size 0.692 Acres

Property Description

1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.

Location

State CA

County Los Angeles

Area C20 - Hollywood

Zoning LAR4

Interior

Heating Natural Gas, Wall Furnace

Fireplace No

Appliance Refrigerator

Exterior

Parking Features Assigned, Gated

Community Features Gated

View Y/N No

View None

Total Parking Spaces 72

Building

Story 3

Entry Level Three Or More

Sewer Sewer Tap Paid

Water Public

Level or Stories Three Or More

New Construction No

Construction Status Additions/Alterations,Updated/Remodeled

Others

Senior Community No

Tax ID 5544019026

Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Resident Manager,Smoke Detector(s)

Special Listing Condition Standard

Read Less Info
CRMLS – RECore
Listed by Glen Scher Marcus & Millichap

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