1536 N Serrano AVE new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90027
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 60,525 sqft
Price per Sqft $140
MLS Listing ID 25563617
Bedrooms 99
Construction Status Additions/Alterations,Updated/Remodeled
HOA Y/N No
Year Built 1969
Lot Size 0.692 Acres
Property Description
1536 N. Serrano Ave is a fee simple 42-unit LIHTC multifamily asset in East Hollywood. Built in 1969 and placed in service in 1997 under the 9% program, the property includes 41 income-restricted units and one manager's unit. The unit mix features large-family layouts with an average unit size of 1,441 SF. A 55-year regulatory agreement extends through 2052 with restrictions at 50% and 60% AMI. Subject to Los Angeles RSO. The three-story building sits over a gated, semi-subterranean garage with 72 secured spaces. Features include elevator access, courtyards, centralized mail, and a secure leasing office. Capital improvements include elevator upgrades (20212025), a Cool Roof (2017), LED lighting, and 15 renovated units. A central boiler, monitored fire sprinkler system, and updated electrical panels support long-term stability. As of July 2025, 61% of units are leased to Section 8 voucher holders. Delivered free and clear of debt. Walkable to Metro, Kaiser, and LACC.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Heating Natural Gas,Wall Furnace
Fireplace No
Appliance Refrigerator
Exterior
Parking Features Assigned,Gated
Community Features Gated
View Y/N No
View None
Total Parking Spaces 72
Building
Story 3
Entry Level Three Or More
Sewer Sewer Tap Paid
Water Public
Level or Stories Three Or More
New Construction No
Construction Status Additions/Alterations,Updated/Remodeled
Others
Senior Community No
Tax ID 5544019026
Security Features Fire Detection System,Fire Sprinkler System,Security Gate,Gated Community,Resident Manager,Smoke Detector(s)
Special Listing Condition Standard