CA > Los Angeles
Los Angeles, CA 90006,1028 S Serrano AVE
Los Angeles, CA 90006,1028 S Serrano AVE
Los Angeles, CA 90006,1028 S Serrano AVE
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,800,000
Est. payment /mo
6,211 Sqft Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 25610149

HOA Y/N No

Lot Size 6,211 Sqft

Lot Dimensions Assessor

Property Description

PartnersCRE is proud to present Serrano Apartments, a 57-unit fully affordable housing project at 1028 S Serrano Avenue in Koreatown. Designed under California's AB2345 and AB1763 density bonus programs, it offers a rare chance to create affordable homes in a high-demand Los Angeles neighborhood. The approved 7-story building will total about 25,631 square feet, with 8 studios and 49 one-bedrooms. Its consistent floor design supports efficient construction and long-term stability. Built on a 6,209-square-foot lot, the project reaches a 6.52:1 FAR, maximizing site use through incentives that allow added height and density. With no parking requirements, costs are reduced and the walkable, transit-oriented location is emphasized. Plans include 48 long-term and 5 short-term bicycle spaces, reflecting its sustainable, urban approach.

Location

State CA

County Los Angeles

Area C17 - Mid-Wilshire

Zoning LAR4

Interior

Fireplace No

Exterior

View Y/N No

View None

Building

New Construction No

Others

Senior Community No

Tax ID 5080017016

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Kevin Danialifar Keller Williams Beverly Hills

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