For Sale Multi-Family MLS# 26984113

644 N Serrano Avenue

Los Angeles, CA 90004

$799,000

california-regional-mls-rsd logo

About 644 N Serrano Avenue

ALL UNITS SEPARATELY METERED FOR WATER, GAS, AND ELECTRIC. A MAJOR VALUE ADD FOR INVESTORS! Located in Los Angeles within the vibrant Melrose District, this well-positioned triplex offers an excellent opportunity in one of the city's most sought-after urban neighborhoods, known for its trendy boutiques, diverse dining, and close proximity to Hollywood, Koreatown, and Downtown LA. This multi-family property features three units with a functional layout, including a front unit with 3 bedrooms and 2 bathrooms, a rear unit with 2 bedrooms and 1 bathroom, and an additional studio unit with 1 bathroom, creating multiple income streams and flexible living options. Ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage by renting out additional units, the property offers versatility for both income generation and multi-generational living. Gated property with rear access and parking for up to six vehicles in the back. Conveniently located near Melrose Avenue, major freeways, public transportation, shopping, dining, and key employment hubs, this property is perfectly situated for long term value and demand. ALL UNITS ARE SEPARATELY METERED FOR WATER, GAS, AND ELECTRICITY, A SIGNIFICANT ADVANTAGE THAT HELPS REDUCE OPERATING EXPENSES AND INCREASE OVERALL INVESTMENT EFFICIENCY. Buyer to verify all information, including permits, square footage, and unit details.***The property is back on the market due to the buyer's financing. There were no issues with the property, and all inspection reports are available for your review.***

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1912
Stories
1
Living area
1,911 sqft
Price / sqft
$418
Lot
0.1269
Original price
$799,000
MLS #
26984113

Interior

Heating
Wall Furnace

Exterior & lot

Features
Parking spaces: 6
Construction
1
Lot
LAR3
Parking
Driveway, Gated

Schools

District
Los Angeles Unified School District

Financial

Parcel
5521004005
Special conditions
Standard

Location

Area
C17 - Mid-Wilshire
County
Los Angeles
Neighborhood
East Hollywood
Directions
From the 10 Freeway, exit Western Ave and head north. Turn left on Melrose Ave, then left on Serrano Ave. Property will be on the right.

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Listed by Maria Sarmiento, Keller Williams Los Angeles

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.