Description
238 South Serrano Avenue is a unique opportunity to purchase a fifty-one (51) apartment building in the heart of Koreatown. The building was built in 1972 with wood frame and stucco on a 17,886-square-foot lot. This property offers a diverse mix of studio, one-bedroom, and two-bedroom apartments with finishes such as upgraded cabinets, vinyl floors, and fresh paint. Tenants have access to an on-site laundry room as well as enclosed parking with forty-one (41) spaces. Additionally, the apartment benefits from a Walk Score of 95, allowing renters to carry out daily errands without a car. Finally, ten (10) apartments will be delivered vacant at the close of escrow, which will allow potential buyers to immediately lease the apartments at market rate and capture over 35% of the rent increase.
Property Details
- Property ID: #40
- Property Type: N/A
- Area: 27,250.00
- Livable Area: 0.00 Sq Ft
- Property Price: $ 11,500,000.00
- Structure: Houses / Interiors / Housing
- Sub Structure: Houses
- Age: N/A
- Built In: N/A
- Country: USA
- State: California
- City: Los Angeles
- Postal Code: 90004
- Face: N/A
- Price Negotiable: yes
- Total Floor: N/A
- Property on Floor: N/A
- Floor: N/A
Interior Features
- Beds: 29
- Bathroom: 52
- Laundry: N/A
- Furnishing: N/A
Exterior Features
- Architectual Style: N/A
- Roof: N/A
- Construction Material: N/A
- Foundation: N/A
- New Construction: no
- Property Condition: N/A
Amenities
- Bedrooms
- Bathrooms
- Heating and Cooling
- Land Info
- Garage and Parking
- Multi-Unit Info
- Rental Info
- Other Property Info
- Commercial Info
- Building and Construction
- Home Features
Garage/Parking
- Total Parking: N/A
- Garage Space: N/A
- Parking Feature: N/A
Appliances
Utilities
- Heating Feature: N/A
- Cooling Feature: N/A
- Service: N/A
- Pet Policy: N/A
Lot Info
- Lot Size: N/A
- Lot Feature: N/A
What's Nearby
Location
Mortgage Calculator
Similar Properties
View Property Real Estate
View Property Real Estate
New Build Townhomes in P...
Est St, 15931 NW Hosmer Lane Portland , O...
- 5 Beds
- 5 Baths
- 1,171.00 sq ft
View Property Real Estate
126 N Rossmore Ave, Los...
Est St, 126 N Rossmore Ave, Los Angeles,CA...
- 5 Beds
- 4 Baths
- 5,955.00 sq ft
- Houses