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Listed by Equity Union, David Abas, Listing Contact: 310-400-2222 
5 Beds
5 Baths

$2,499,000

1056 S Serrano, Los Angeles CA, 90006

Property typeMulti-family

Overview

Active

Listed Apr 13, 2026

Updated 3 weeks ago

Prime development opportunity in the heart of Koreatown. This rare offering includesTWO ADJACENT, TANDEM, CORNER TO CORNER parcels1056 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!

$16,626/mo

Est. mortgage payment based on a $2,499,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26070209

Interior Features

Bedrooms
5
Bathrooms
5
Basement
No

Exterior Features

Lot Size
0.28 Acres

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Data last updated 6:17 AM UTC, 9/10/2026

   

 

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