420 S Serrano Avenue Los Angeles, CA 90020
This remarkable property is a single-family residence located in the vibrant neighborhood of Koreatown. With a spacious layout spanning 4, 080 square feet, it boasts 10 bedrooms and 9 baths. The sizable 9, 009 square foot lot provides ample space for residents and guests. Notably, the property features two separate units, which can be utilized for vacation rentals or even as a nursing home. Currently, it generates substantial income through nine rental units. The main portion of the house is occupied by the seller, making this an attractive turnkey investment opportunity. Whether you’re an investor seeking strong returns or someone looking for a lucrative income stream, this property offers exceptional potential. Situated close to downtown Los Angeles, the 10 Freeway, and USC, its strategic location adds to its allure. And fear not about parking—there are spaces both in the front and rear for residents and guests alike. Don't miss out on this outstanding opportunity!
- Property TypeSingle Family Home
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site109 Days
- MLS StatusActive
- MLS ID NumberPW24023167
- Home Size Source Assessor
- Year Built1915
- Lot Size0.2068 Acres
- Full Baths9
- Partial BathsN/A
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Learn MoreRecent Activity For 420 S Serrano Avenue Los Angeles, CA 90020
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General Features
- Parking Controlled EntranceDrivewayConcreteGatedOn SiteParking SpaceR V PotentialSide by Side
- Parking Spaces 7
- Sewer Public Sewer
- Number of Stories 22
- Acreage 0.2068
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Property Sub Type Single Family Residence
- Garage Spaces 0
- Zoning LAR1
- Listing Conditions Standard
Interior Features
- Cooling None
- Fireplace Features Living Room
- Laundry Features Common AreaDryer IncludedOutsideWasher Included
- Fireplace Yes
Exterior Features
- View Neighborhood
- Pool Features None
- Lot 2-5 Units/ AcreRectangular Lot
- Other Structures Guest House
Community Features
- Association Dues 0
- Community Features SidewalksStreet Lights
- Senior Community No
- MLS Area C17 - Mid-Wilshire
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)