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Berkshire Hathaway HomeServices California Properties

1056 S Serrano, Los Angeles, CA 90006

$2,749,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

David Abas | david@davidabas.com
Lic#: 01422571
Broker: Courtesy of Equity Union
Phone: 818-657-6500

Co Listing Agent

Gal Moshe | galmosherealtor@gmail.com
Lic#: 01999632
Broker: Courtesy of Equity Union

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: SR26070209

List price is $2,749,000 Reduced by $150,000 on 5/26/2026

Price: $2,749,000

Rental Rate: $2,749,000

Lot Size:

Built in 1937

2 stories

0.28 acres

County: Los Angeles

Lot description: Corner Lot

Last Updated: 7/14/2026

Days On Market (DOM): 115

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Lat/Long: 34.050987, -118.305993.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels—1056 S Serrano Ave (4 units) and 1057 S Hobart Blvd (3 units)—to be sold together, providing a combined lot size of approximately 12,518 square feet with R4-1 zoning. The properties currently feature a total of 7 units with approximately 6,448 square feet of living space. Situated in a high-demand, transit-oriented location, the site offers close proximity to public transportation, major freeways, and vibrant retail and commercial corridors. Located within a TOC Tier 3 zone, this property presents a compelling opportunity for increased density and future development potential. Ideal for developers or value-add investors seeking to capitalize on one of Los Angeles’ most dynamic neighborhoods. Please do not disturb tenants. Drive-by only. Seller Motivated!

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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