211 N Serrano
Los Angeles, CA 90004
$1,200,000
- 0.15 acres
- Built 2024
Listed by Keller Williams R. E. Services · MLS #GD26236164
Listing status & updates
- MLS last changed
- Not supplied by this listing source
- Availability last checked
- No per-listing check is recorded
Source changes and availability checks are different. A website import or photo check does not confirm that a property is still available. Confirm availability with the listing agent. Ask about the listing status
Interested in this property?
Team ERA is here to help. Tell us what you’re looking for, and we’ll connect you with a local ERA professional.
Contact the property team
PROPERTY QUESTIONS & SHOWINGS
Ask about this property.
211 N Serrano, Los Angeles, CA 90004 · MLS #GD26236164
A FEW THINGS TO NOTICE
What stands out.
Year built
Built in 2024.
Property size
0.15 acres listed.
Highlights from the listing description and property details. Confirm features with the listing agent.
THE PROPERTY
Get to know the property.
Situated on a 6,564-square-foot lot, the property consists of a charming original 1919 front residence and a newly constructed two-story rear building, which received its Certificate of Occupancy in July 2024. The three residential units comprise approximately 2,749 square feet of living area, featuring a total of five bedrooms and five bathrooms. The property blends the architectural character of a traditional Los Angeles residence with the advantages of modern residential construction.
Currently generating $95,160 in annual scheduled rental income, the property offers an estimated 5.68% current capitalization rate, with projected market rents supporting a 6.34% pro forma capitalization rate and approximately 8.4% potential rental income growth, based on the stated operating assumptions.
The property is conveniently located near Larchmont Village, Hancock Park, Koreatown, and Hollywood, offering residents easy access to popular restaurants, cafés, shopping, entertainment, and major employment centers. The surrounding neighborhood features a blend of charming historic homes, established multifamily properties, and newer residential developments, providing an attractive residential setting with excellent urban accessibility.
With its 2024 rear construction, established tenancy, strong in-place income, and potential for future rental growth, 209–211 N. Serrano Avenue presents a compelling opportunity for investors seeking a well-located residential income property with both immediate returns and long-term investment potential.
THE NEIGHBORHOOD
Explore the location.
211 N Serrano, Los Angeles, CA 90004
Loading property map…
Map position comes from the listing source. Open directions in Google Maps
THE DETAILS
The details, all in one place.
- Property type
- ResidentialIncome
- Category
- Residential
- Year built
- 2024
- Garage spaces
- 0
- Heating
- Central,EnergyStarQualifiedEquipment
- Pool
- No
- Pool features
- None
- Parcel
- 5517010026
Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.
Investor outlook Rental potential, ownership costs and property management
OWNERSHIP, WITH A PLAN
Investor outlook.
Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.
ERA PROPERTY MANAGEMENT
A team for what comes next.
Put your investment outlook into practice. Team ERA can help you confirm local rental potential and plan for the day-to-day of ownership.
Understand the opportunity.
Review rental pricing, property condition and your ownership goals with a local professional.
Make a strong first impression.
Bring together property preparation, professional marketing and applicant screening.
Stay connected to your investment.
Get support with rent collection, resident communication, maintenance coordination and owner reporting.
LOCAL PEOPLE. SHARED COMMITMENT.
A team behind your next step.
From your first question to the everyday work of ownership, a conversation with the right person makes a difference.
Meet ERA Property ManagementResidential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.
More in Los Angeles.
$1,350,000
$699,000
$1,050,000Listing information
MLS #GD26236164 · California Regional MLS
Listing brokerage: Keller Williams R. E. Services
Listing agent: Kirk Garabedian
Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.
